Long-term care physicians that help care for residents in SavaSeniorCare facilities will now be able to participate in the Medicare Shared Savings Program through Genesis Healthcare’s accountable care organization.
Genesis announced the partnership between its LTC ACO and skilled nursing provider SavaSeniorCare Wednesday afternoon. The company announced a similar partnership with Senior Living Properties last month.
“With numerous years of experience behind us, we are now able to work with organizations like Sava to significantly expand our resident attribution, improve outcomes and create an alternative payment model throughout the skilled nursing industry,” LTC ACO President Jason Feuerman said.
The provider organizations hope the partnership helps improve patient outcomes and reduce hospitalizations for residents. The partnership does not require any capital outlay, they added.
“We, along with the rest of the industry, are always focused on improving quality and efficiency,” SavaSeniorCare CEO Jerry Roles said in a statement. “With LTC ACO’s help, we will attempt to utilize their best practices and expertise to improve overall outcomes and quality while managing episodic and chronic cost.”
In December, LTC ACO announced the addition of 200 new, unaffiliated long-term care facilities just weeks after announcing plans to expand the ACO.