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St. Luke's Health Partners generate nearly $7 million in savings

March 11, 2020

St. Luke's Health Partners Accountable Care Organization has achieved results among the top-performing Next Generation ACOs in the U.S. according to Centers for Medicare & Medicaid Services.

As announced by CMS on January 10, SLHP generated more than $6.864 million in earned shared savings during the 2018 performance year, equating to 3.04 percent savings over benchmark.

In addition to these financial outcomes, SLHP achieved a care quality score of 96 percent, representing top decile performance for the second consecutive year. The ACO is committed to helping patients achieve their best possible health outcomes at the lowest total cost. Several drivers contributed to these financial and clinical outcomes, including the ACO's emphasis on preventing unnecessary emergency room visits and reducing inpatient admissions. These efforts were led by the SLHP ACO team who work with network providers to better know their populations, close gaps in their care and ultimately ensure the right care at the right time and place.

About St. Luke's Health Partners and St. Luke's Health Partners ACO

SLHP is a wholly owned subsidiary of St. Luke's Health System and is currently in its fourth year as a financially and clinically integrated network. By partnering with and sharing accountability for the populations they serve, their goal is to enable and facilitate effective population health management throughout the counties in which they operate. Their network has over 3,000 participating providers, both independent and employed by SLHS. The SLHP ACO, is also a wholly owned subsidiary of SLHS, managing over 30,000 Medicare fee-for-service beneficiaries with 500 participating providers.