AKRON, Ohio, August 31, 2021 – Summa Health announced today its accountable care organization (ACO), NewHealth Collaborative (NHC), has once again been recognized for achieving a significant multi-million dollar savings in the Centers for Medicare & Medicaid Services (CMS) Medicare Shared Savings Program (MSSP).
According to MSSP data for 2020, NHC saved more than $11.6 million for CMS. Of that, approximately $5.6 million will be distributed to NHC and its providers. Since 2012, NHC's high-quality performance has saved CMS a net savings of approximately $65 million, with over $27 million of that distributed to NHC and its providers.
When it comes to quality, NHC continues to be a top performer nationally. In 2020, NHC received an overall quality score of 96.8%. This score spanned three quality domains:
Despite the strain of COVID-19, NHC providers were able to provide excellent care for their Medicare, beneficiaries. This was demonstrated by NHC quality performance results. For the at-risk diabetic population, results ranked NHC in the top 20% nationally and 4th in the state of Ohio. In addition, NHC had the highest savings rate since 2012 at 6.9%.
The level of consistent performance during the past eight years is directly linked to Summa's support of a strategic approach to population health, focusing on embedded care management of vulnerable populations and being committed to primary care transformation.
Summa Health is one of the largest integrated healthcare delivery systems in Ohio. Encompassing a network of hospitals, community medical centers, a health plan, an accountable care organization, a multi-specialty physician organization, research and the Summa Health Foundation, we are nationally renowned for excellence in patient care and for exceptional approaches to healthcare delivery. Summa’s clinical services are consistently recognized by the American Nurses Credentialing Center (Magnet status), U.S. News and World Report, Healthgrades, Thomson Reuters and The Leapfrog Group. For more information, visit summahealth.org or find us on Facebook at facebook.com/summahealth, Twitter, twitter.com/summahealth and LinkedIn linkedin.com/company/summahealth.
Media Contact: Shannon Kew