- The Agreement establishes new Accountable Care collaboration to improve quality and health for 60,000 Medicare beneficiaries served by inVio Health Network
April 19, 2024
By Highpoint Digest News Staff
GREENVILLE, SC and NEW YORK, (Highpoint Digest) – inVio Health Network and CVS Accountable Care Organization, Inc., a division of CVS Health® (NYSE: CVS), on April 16, 2024, announced a collaboration to participate in an innovative Medicare model through the Center for Medicare & Medicaid Innovation (CMMI). The new Accountable Care Organization (ACO) Realizing Equity, Access, and Community Health (REACH) program focuses on reducing barriers to care by providing coordinated, high-quality patient-centered care to improve the overall health, clinical outcomes, and satisfaction of patients with traditional Medicare.
inVio Health Network, one of the largest physician-led, clinically integrated networks in the Southeast, and CVS Accountable Care will leverage their deep understanding of the inVio communities’ health needs and their commitment to delivering high-quality care through provider enablement to improve patient and community health outcomes. The collaboration will help strengthen care coordination for patients, using advanced analytics as well as key value-based care and population health management services, programs, and resources to enhance longitudinal care management.
“We are on a collaborative value-based journey with our physicians and healthcare clinicians to improve the quality and health across South Carolina, regionally, and nationally,” said Dr. Bill Gerard, CEO of inVio Health Network, “This new model allows us to provide enhanced resources and clinical services across our network where we will be collaborating with MinuteClinic locations across South Carolina to be part of our network’s ACO REACH program. We look forward to the incredible opportunities ahead as we transform healthcare together.”
“Innovation programs and collaborations like these help us make a meaningful difference in the lives of Medicare patients across the United States by enabling more connected, effective care experiences for people who need it most,” said Dr. Mohamed Diab, President, CVS Accountable Care. “Together, we are increasing access to value-based care, which can improve outcomes for Medicare patients while achieving lower costs.”
Prisma Health Upstate and Prisma Health Midlands Networks operated as two separate but highly aligned organizations that came together in 2021 to form inVio Health Network. This agreement builds on their successes in the Medicare Shared Savings Program (MSSP), a similar CMS program, ensuring patients have access to equitable, high-quality care. Since 2015, they successfully managed Medicare patients through MSSP, reducing costs by over $81M while earning top decile quality, for more than 60,000 Medicare patients.
Source: CVS Health®
Photo courtesy of CVS Health®
