Indianapolis, IN---Two of the largest healthcare systems in Indiana will partner with six area hospitals that are part of the Suburban Health Organization (SHO) to launch an accountable care consortium (ACC) focusing on innovative healthcare solutions for employers and commercial markets. The goal of the partnership is to improve the quality of patient care, while lowering the cost of healthcare delivery. The ACC will be a separate entity with its own board and CEO. It is not connected to a federal government initiative.
“As ACC partners, we remain separate organizations in a competitive healthcare environment,” said Community Health Network President and CEO, Bryan Mills. “We recognize that everyone gains when we are able to deliver higher quality care, while controlling costs. Working collaboratively on our goals of reducing the cost of healthcare for defined populations, we believe we can achieve greater success together, than if we pursue these aims separately.”
The yet-unnamed ACC is a collaboration where all partners have formed a joint venture and have equal ownership. While not a merger, the ACC partners will bring together over 30 hospitals throughout Central Indiana. Physicians are leading the efforts to develop and focus on best practices. In addition, each partner has committed to utilizing their respective IT infrastructures for collecting clinical data, while working together to allow the sharing of information between provider members.
“Healthcare reform has required healthcare systems to think differently than in the past,” said Vincent Caponi, CEO of St. Vincent Health and Ascension Health Ministry Market Leader for Indiana and Wisconsin. “Through our ACC partnership, we share a vision of redesigning the healthcare model, and have similar approaches to the delivery of care for Indiana patients and families.”
In addition to Community and St. Vincent Health, the suburban hospitals that have joined the ACC include:
· Hancock Regional Hospital
· Hendricks Regional Health
· Henry County Hospital
· Johnson Memorial Hospital
· Riverview Hospital
· Witham Health Services
“The ACC will commit to standardized measures and goals and creating an environment of shared innovation to achieve the best outcomes possible,” said Julie Carmichael, president of SHO. “Benefits of participation in the ACC include shared infrastructure costs, common performance measures and reporting, standardization of clinical protocols and customization of work flow changes as it pertains to a chronic medical condition.”
About Community Health Network
Ranked among the nation’s most integrated healthcare systems, Community Health Network is Central Indiana’s leader in providing convenient access to exceptional healthcare services, where and when patients need them—in hospitals, health pavilions and doctor’s offices, as well as workplaces, schools and homes. As a non-profit health system with over 200 sites of care and affiliates throughout Central Indiana, Community’s full continuum of care integrates hundreds of physicians, specialty and acute care hospitals, surgery centers, home care services, MedChecks, behavioral health and employer health services. To learn more, visit eCommunity.com or call 800-777-7775.
About St. Vincent Health
St.Vincent Health is a nonprofit, spiritually-centered health system, sponsored by Ascension Health of St. Louis, MO., the nation’s largest Catholic health system. St.Vincent Health is one of Indiana’s largest employers with 22 health ministries serving central and southern Indiana. The 131-year-old health system delivers high quality, compassionate care in service areas such as cardiovascular, womens, childrens, neurosciences, cancer care, orthopedics, bariatrics, primary care, emergency medicine, imaging, general surgery and long-term acute care. For more information, visit www.stvincent.org.
About Suburban Health Organization
Suburban Health Organization (SHO) is a partnership of Central Indiana Hospitals that work together to promote quality, efficiency and patient access. SHO supports its hospitals, its physicians and the communities they serve through the development of strategic initiatives and shared services. From quality initiatives and physician recruitment, to managed care contracting, and a risk retention group, the strength and diversity of these services help make SHO’s hospitals and physicians one of the leading provider networks in Central Indiana. For more information about SHO, visit www.suburbanhealth.com.