Privia, Beebe Partner on MSSP Enhanced Track ACO in Delaware
Privia Health Group Inc. (Nasdaq: PRVA) has expanded into its 11th state and created its ninth accountable care organization by partnering with Beebe Healthcare, a nonprofit community healthcare system located in Sussex County, Delaware.
Their ACO, named Privia Quality Network — Delaware (PQN – DE), is participating in the Enhanced Track of the Medicare Shared Savings Program (MSSP) 2023 performance year with more than 200 providers caring for approximately 12,400 patient lives in the program. Beebe and Arlington, Va.-based Privia will look to expand the ACO to include community physicians throughout Delaware.
Providers joining PQN – DE will be supported via Privia Care Partners, an analytics, reporting and population health platform to enhance their existing EHR system, optimize patient engagement and support a successful transition to value-based care.
“We are thrilled to be partnering with such a well-established healthcare system in the Mid-Atlantic region,” said Eric Beyer, president of Privia — Mid-Atlantic, in a statement. “Beebe has over four years of experience participating in MSSP, which will continue to propel Privia Quality Network’s performance in the coming years. Beebe will leverage its tenured in-market population health team, paired with Privia’s technology and service expertise in value-based care.”
“This collaborative partnership with Privia Health will support our growth as we maintain our focus on delivering high-quality care across Sussex County, Delaware,” said Beebe Healthcare’s Vice President and Chief Population Health Officer Bill Chasanov, D.O., M.B.A., in a statement. “Privia Health and the Privia Care Partners model will allow our physicians and providers to continue providing care for our patients, while furthering the transition into value-based care.”
Since Privia Quality Network started participating in MSSP in 2014, Privia Quality Network has delivered total shared savings across government programs and commercial payers of more than $740 million, the company said, including more than $380 million through participation in the MSSP.
