Boeing collaborates with Seattle hospitals on ACOs

Aerospace company Boeing has joined Seattle's two biggest providers, UW Medicine and the Providence-Swedish Health Alliance in accountable care organization (ACO) agreements. The two ACOs have enrolled about 30,000 current and retired employees. The projects intend to cut care costs by reducing readmissions and improving management of chronic conditions such as congestive heart failure. "The framework we're putting in place, this is a model for the future of healthcare," Joseph Gifford, who oversees the Providence-Swedish ACO, told Healthcare Finance News. "By our ability to coordinate care better for a population, we feel we can reduce the cost of care through better care coordination. Everyone is interested across the U.S. Our phone is ringing from employers." Read the full article at FierceHealthFinance

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