The nonprofit Catholic health system CommonSpirit Health, which operates 145 hospitals and more than 2,200 care sites across 24 states, has launched a national value-based services platform, Population Health Services Organization (PHSO).
Chicago-based CommonSpirit said the PHSO will provide services such as advanced population health analytics, network management, care coordination, data management and analytics, technology infrastructure, reporting and more to help providers and provider networks excel in value-based care. The organization said its large national footprint will allow the PHSO to serve a more diverse payer portfolio than any other management services organization nationwide, improving equitable health outcomes by supporting the delivery of high-quality, affordable and coordinated care for millions of patients across the country.
“The PHSO is a natural extension of our mission and long-standing commitment to providing high-quality, equitable care and addressing social determinants of health,” said Wright Lassiter III, CEO of CommonSpirit, in a statement. “We are leveraging the national scale of CommonSpirit and our expertise in value-based care across diverse, community-based health system environments in order to elevate the standard for healthcare in the U.S. and help providers succeed in value-based care.”
CommonSpirit said the PHSO is designed to foster collaboration between independent and employed providers by supporting networks that are inclusive of both. Today, half of the providers engaged in CommonSpirit value-based agreements are not employed by CommonSpirit, a part of the network the PHSO only anticipates will grow more in the future.
The PHSO will build off the expertise from CommonSpirit’s existing value-based programs, which include full Risk-Bearing Organizations (RBOs) and 10 Accountable Care Organizations (ACOs) across the nation, which the organization said have a proven track record of success. Over the past five years of participation in the MSSP, CommonSpirit said, it has saved Medicare more than $474 million by prioritizing proactive outreach and addressing not only medical, but also behavioral and social needs.
“We serve diverse communities that include Medicaid, Medicare, and commercial insurance, which means our data are more representative of America than other models primarily focused on commercial insurance,” said Thomas McGinn, M.D., M.P.H., executive vice president, physician enterprise at CommonSpirit Health, in a statement. “Coupled with our reach across 24 states, we can use the data and tools and access to a broad patient population to take on critical national health issues that require the size, scale and depth that we can deliver. For example, we can leverage data to understand patterns in testing, referrals, and treatment to develop interventions that reduce viral infections like Hepatitis C which disproportionately impact our most vulnerable populations.”