CCACO 2018 MSSP Result
CCACO is #2 in NYS, #6 nationwide!
Dear CCACO Members,
CCACO placed 2nd in NYS and 6th in the nation for overall savings rate in the Medicare Shared Savings Program (13.2%) in 2018
. In 2017 we placed 92nd in the nation with a savings rate of 4.9%. We achieved an increase of 8.3% and moved up 86 ranks.
Our partner, Balance ACO, placed #1 in both NYS and nationwide. Our
alliance now brings together the top 2 performers in NYS. SOMOS ACO has a
bright future ahead and we encourage all physicians to join our
Thank you to all our members for your continuous contributions and support. Let us continue this momentum into the new year.
CCACO 2018 MIPS/GPRO Results!
CCACO's Quality and MIPS Score For 2018 Has Been Officially Released.
Dear CCACO Providers,
CCACO's Quality and MIPS score for 2018 has been officially released. We've received an adjustment rating of +1.57%, a significant improvement compared to +0.45% in 2017. Additionally, our Quality score increased from 89.7% to 93.5%!
In 2017 our numbers were :
Quality : 89.7%
Adjustment Rating: +0.45%
In 2018 our numbers are:
Adjustment Rating: +1.57%
down our 2018 adjustment rating of + 1.57%, we received the Maximum
amount of 0.3% from the base MIPS incentive and 1.27% (1.75% maximum)
from Excellent Performance Bonus.
For our 2018 reporting results, ACO participants will receive a positive adjustment of 1.57% in 2020 for all Original Medicare Payments.
We would like to thank our providers for all your hard work and
cooperation in 2018. CCACO associates will be visiting your offices once
again to help with MIPS and Quality reporting for the performance year
of 2019. Let's continue and carry this momentum going forward!
ACP, SOMOS and CCACO Invite You to an Informational Meeting
ACP, SOMOS and CCACO would like to invite you to an informational meeting with updates from ACP and SOMOS. ACP staff will be giving a general operations update and a review of IT data sharing and incentive check distribution.
Updates from ACP:
- Overview and Status Report
- IT Data Sharing
- Incentive Check Distribution
Updates from SOMOS:
- New Contracts
- Pilot and Innovator Programs
- How Innovation Can Work For you
- Positive Changes
The event will take place at:
Terrace on the Park
52-11 111th Street
Flushing, NY 11368
Please contact Lillian Carrasco
at 212-740-8284 or firstname.lastname@example.org
Please click HERE
CCACO Holds Press Conference Announcing $4.3 Million in Shared Savings
On Wednesday, September 14, 2016, CCACO held a press conference at the Wyndham Garden Chinatown to announce that it had earned $4.3 million in shared savings through the Medicare Shared Savings Program. Dr. Henry Chen, CEO, and Dana Zhu, COO, discussed CCACO's achievement and its unique approach to low cost, high quality, community-based care. CCACO ranks second among all 35 New York State accountable care organizations (ACOs), and in the top 5% of all ACOs nationwide, for percentage of expenditures saved in 2015.
The press conference was also attended by Assembly Member David Weprin, Assembly Member Felix Ortiz, and a representative from the office of Congresswoman Grace Meng. Assembly Members Weprin and Ortiz lauded CCACO and its physicians for their success in caring for the New York City Chinese community and presented proclamations honoring CCACO's achievement. CCACO also received proclamations from Congresswoman Meng, Council Member Barry S. Grodenchik, Council Member Peter Koo, and Manhattan Borough President Gale A. Brewer. Community partners Eastern Chinese American Physicians (ECAP), Advocate Community Providers (ACP), MDLand, and the Visiting Nurse Service of New York (VNSNY) were also in attendance to offer their congratulations.
Chinese Community Accountable Care Organization Team
Proclamation Presentation by Assembly Member David Weprin and Assembly Member Felix Ortiz
From Left to Right: Dana Zhu, Assembly Member David Weprin, Dr. Henry Chen, Assembly Member Felix Ortiz and Dr. Hanbin Zheng
We would like to thank all CCACO Board members and physicians for making this event a success and continuing to provide excellent care every day to the Chinese community.
Please see below the news articles from The China Press, Sing Tao and World Journal.
Please click HERE for The China Press article.
Please click HERE for the Sing Tao article.
Please click HERE for the World Journal article.
CCACO Earns $4.3 Million in Shared Savings
Medicare ACOs are groups of doctors, hospitals, and other health care providers, who come together voluntarily to provide coordinated high quality care to their Medicare patients. The goal of coordinated care is to ensure that patients, especially the chronically ill, get the right care at the right time, while avoiding unnecessary duplication of services and preventing medical errors. When an ACO exceeds quality and financial thresholds – demonstrating achievement of high-quality care and wiser spending of health care dollars – it is able to share in the savings generated for Medicare.
CCACO is one of the ACOs that shared savings. Nationwide, CCACO ranked in the top 5% of all 392 ACOs nationwide for percentage of expenditures saved over benchmark, saving 11.02% ($10.3 million) over its benchmark and earning a shared savings payment of $4.3 million. Out of the 35 ACOs with beneficiaries in New York State, only eight earned shared savings. CCACO ranked second among all New York State ACOs.
We are deeply proud to be sharing this news with you and thank you for the hard work and dedication you have put in to make this achievement possible.
Be a Part of the Transformation...
Become a Patient Centered Medical Home
CCACO invites you to join the growing trend of practices across the country and transform your practice to become an NCQA Patient Centered Medical Home (PCMH). PCMH is a PCP-centered primary care and transformation model aimed at providing coordinated care among healthcare providers. PCMH also aligns with the Three Part Aim of an accountable care organization (ACO) - improving the patient experience, providing coordinated care and decreasing costs. Applicants must submit documentation satisfying the PCMH requirements of enhanced access, population management, planned and coordinated care, patient self-care support, and quality improvement.
Level II and Level III Recognized practices will receive significant financial incentives. Please see the chart below for details.
||Medicaid Managed Care (PMPM)
||Medicaid Fee for Service
|Level I (35-59 pts)
|Level II (60-84 pts)
|Level III (85-100 pts)
for more information about the PCMH program from the National Committee for Quality Assurance.
If you are interested in becoming a Patient Centered Medical Home, please contact Winsley Tam at email@example.com