Overview
What is Methodist Patient Centered Aco?
Methodist Patient Centered Aco, abbreviated as MPCACO, is a Texas-based nonprofit organization with a primary focus on improving and saving lives through managed care. Formed to participate in the Medicare Shared Savings Program (MSSP), this ACO operates under the umbrella of Methodist Hospitals of Dallas, the sole member. MPCACO's mission is to provide quality, cost-effective medical and health services, ensuring accountability for patient care, including Medicare beneficiaries. The organization operates in line with MSSP regulations, with at least 75% of its board members being ACO participants or their representatives. During the 2021 reporting period, MPCACO achieved Medicare savings of $5,882,977 and successfully transitioned from the basic track to the enhanced track in 2019. A portion of these savings was distributed to participating physicians and hospitals, while some funds were utilized to cover administrative costs.
Official website here: www.methodisthealthsystem.org/patients-visitors/patient-tools-support/map2-aco/?
Is Methodist Patient Centered Aco legitimate?
Methodist Patient Centered Aco is a legitimate nonprofit organization registered as a 501(c)(3) entity. Methodist Patient Centered Aco submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.methodisthealthsystem.org/patients-visitors/patient-tools-support/map2-aco/?
What is the mission statement of Methodist Patient Centered Aco?
Methodist Patient Centered Aco aims to enhance and preserve lives through comprehensive, coordinated healthcare services. As part of the Medicare Shared Savings Program, it serves as a platform for advancing clinical integration and quality initiatives within Methodist Health System. The organization's primary objective is to manage, coordinate, and ensure accountability for patient care, including Medicare beneficiaries. By operating as a network, Methodist Patient Centered Aco provides efficient, high-quality, and cost-effective medical and health services, promoting overall patient well-being.
Official website here: www.methodisthealthsystem.org/patients-visitors/patient-tools-support/map2-aco/?
What is the revenue of Methodist Patient Centered Aco?
Methodist Patient Centered Aco's revenue in 2022 was $5,219,838.
Official website here: www.methodisthealthsystem.org/patients-visitors/patient-tools-support/map2-aco/?
Who are the executives of Methodist Patient Centered Aco and what are their salaries?
- James C Scoggin Jr (Director)
- Craig Bjerke (Treasurer)
- George Williams Md (President (Through Jan 2022)) [Trustee/Director]
- Martin L Koonsman Md (Director)
- Samuel Cullison (Director (Through Dec 2021))
- Brian Jones Md (Chair / Chief Medical Officer/President ( Beginnning Jan 2022)) [Trustee/Director]
- Shannon Huggins (Secretary / Vp Of Compliance) [Trustee/Director]
- Michael S Marshall Md (Director)
- Nancy Georgekutty Alexander Md (Director)
- Bassem Mostafa-Elsawy Md (Director)
- Rajasree Nair Md (Director (Beginning Jan 2022))
- Samir Nangia Md (Director)
- Alfonso Ramirez Md (Director)
- Lucious Williams Md (Director)
- Matt Muller Md (Director)
- Michael L Finch Md (Director)
Official website here: www.methodisthealthsystem.org/patients-visitors/patient-tools-support/map2-aco/?
Where can I find the form 990 for Methodist Patient Centered Aco?
The Methodist Patient Centered Aco’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.methodisthealthsystem.org/patients-visitors/patient-tools-support/map2-aco/?
Learn more at the official website: www.methodisthealthsystem.org/patients-visitors/patient-tools-support/map2-aco/?
Mission Statement of Methodist Patient Centered Aco
Methodist Patient Centered Aco is dedicated to enhancing and preserving lives through coordinated and effective medical care. Its primary mission is threefold. Firstly, it aims to participate in the Medicare Shared Savings Program, as outlined in Section 1899 of the Social Security Act, and adhering to the relevant regulations. This participation serves as a platform for advancing Methodist Health System's clinical integration and quality initiatives.
Secondly, Methodist Patient Centered Aco functions as a vehicle to manage, coordinate, and promote accountability for the quality, patient safety, cost, and overall care of patients, including Medicare beneficiaries. This involves overseeing the medical and health services provided to ensure they are coordinated, cost-effective, and of high quality.
Lastly, Methodist Patient Centered Aco operates as a network, providing coordinated and quality medical and health services. This network aspect of the organization's mission is crucial in promoting accountability for the overall care of patients, ensuring that they receive comprehensive and efficient medical services. In summary, Methodist Patient Centered Aco's mission is to improve and save lives through managed and coordinated care, participating in the Medicare Shared Savings Program, and serving as a vehicle for clinical integration, quality initiatives, and network-based patient care.
Impact
This information is meant to be a general summary of Methodist Patient Centered Aco. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Methodist Patient Centered ACO, through its participation in the Medicare Shared Savings Program (MSSP), has had a significant impact on improving and saving lives of individuals in North Texas. Specifically, in the most recent reporting period, the ACO achieved Medicare savings of $5,882,977 while properly reporting on all required quality metrics. By successfully moving from the basic track to the enhanced track, Methodist Patient Centered ACO has demonstrated its commitment to providing quality integrated care and advancing clinical integration and quality initiatives within the Methodist Health System.
The ACO's structure, with a board composed primarily of ACO participants or representatives, ensures that it is operated in furtherance of Methodist Hospitals of Dallas' exempt purposes. Through distributing a significant portion of the achieved savings to participating physicians and hospitals in the Methodist Health System, Methodist Patient Centered ACO incentivizes performance improvement, quality care, and the adoption of electronic medical records.
Overall, Methodist Patient Centered ACO's impact can be seen in its ability to manage, coordinate, and promote accountability for the quality, patient safety, cost, and overall care of patients, including Medicare beneficiaries. By providing coordinated, quality, and cost-effective medical and health services, the ACO plays a key role in enhancing healthcare delivery and outcomes in the region.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEDICARE SHARED SAVINGS INCOME
Revenue
$4,941,680
Humana Value
Revenue
$177,285
Care Coordination Services
Revenue
$100,536
Organization Details
Founding Year
2012
Phone
(214) 947-4510
Main Address
1441 N Beckley Ave, Dallas, TX, 75203
NTEE Category
Code: E190 - Health
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