Risks & Benefits
Many providers are concerned about taking risk in an ACO. As a new ACO, VBLTC is eligible to take 2-3 years before assuming even minimal downside risk. Our ACO will get a smaller share of savings, but we have no risk of owing Medicare any money for years to come. VBLTC practices can withdraw from the ACO annual (and before the ACO assumes downside risk).
The potential savings are substantial. If the ACO achieved even a 5% savings rate, Medicare would pay us over $500 per patient. That is all new revenue in addition to the current fee-for-service billing.
Value Based Long Term Care, LLC
5 Research Drive
Shelton, CT 06484