The Oakwood ACO to participate as a Medicare Shared Savings Program Accountable Care Organization.
Voluntary, New Care Coordination Program Created to Offer High Quality Service and Care to Beneficiaries Through Partnership with Medicare
DEARBORN, Mich., July 9, 2012 /PRNewswire-USNewswire/ — The Oakwood ACO today announced it has been selected to participate in the Medicare Shared Savings Program (Shared Savings Program) Accountable Care Organization (ACO), a multifaceted new program sponsored by the Centers for Medicare and Medicaid Services (CMS).
Through the Shared Savings Program, The Oakwood ACO will work with CMS to provide Medicare fee-for-service beneficiaries with high quality service and care, while reducing the growth in Medicare expenditures through enhanced care coordination.
For more information about the Shared Savings Program, visit the CMS ACO website at www.medicare.gov/acos.html.
SOURCE Oakwood Healthcare System