According to a study by researchers at the University of Pittsburgh Graduate School of Public Health, accountable care organizations (ACOs) helped reduce Medicare medical costs without increasing prescription drug spending. This analysis was the first to look at how the ACO model affected Medicare Part D drug spending in 2012, which was the first year that ACOs were in place. The study was a comparison of Medicare Part D beneficiaries participating in an ACO in 2012 with a random sample of those who were not participating in an ACO.
The study focused on the per person total annual Part D spending, total 30-day prescription drug counts, the percentage of brand-name drugs, and total annual hospital and medical spending through Medicare Parts A and B, including all non-drug claims. For the purposes of the study, there were 316,366 Medicare Part D beneficiaries using an ACO, and 559,241 Medicare Part D beneficiaries not using an ACO.
On average, ACOs helped save about $345 per person in Medicare costs during the first year. Those who participated in an ACO saw no major changes in their drug spending, the total number of prescriptions filled, or the percentage of Medicare claims for brand-name drugs. The beneficiaries with Medicare Part D prescription drug coverage and who had six or more chronic medical conditions saw the most savings on medical costs, or $966 per patient in 2012. Given this information, researchers now plan to look at the outcomes of beneficiaries in ACOs and those who are not in ACOs, in terms of prescribed medications and adherence to those prescriptions.
At Boller & Vaughan, we are nursing home injury lawyers who pride ourselves on representing the rights of those countless individuals who suffer injuries as a result of the wrongful behavior of nursing homes, assisted living facilities, and other long-term care homes. The devastation of losing a loved one can be overwhelming and traumatic. Allow us to handle the legal aspects of your situation, while you and your family focus on the healing process. Call our office today to set up your free consultation.
The National Investment Center for Seniors Housing & Care has issued its Skilled Nursing Data Report. This report reveals that during the last quarter of 2016, skilled nursing occupancy rates on the national level hit […]
While many individuals think of driver distractions, adverse weather conditions, and speeding as the main causes of motor vehicle accidents, failing to maintain vehicles also can contribute or even be the primary cause of accidents. […]
"*" indicates required fields
Δ
We live in Friendship, Wisconsin, and Boller & Vaughan came to our doorstep to discuss our mother’s wrongful death claim on a Saturday morning. Not only were we pleased with the large recovery, we were so thankful to have lawyers who were willing to explain to us every twist and turn along the way. It is great to know there is a law firm that will fight for the rights of elderly people all over Wisconsin.
Mr. Boller and Ms. Vaughan were incredible in working on my case and my daughter’s case. I was out of work and in the hospital with a new baby. Mr. Boller and Ms. Vaughan protected our rights and it was a pleasure to work with them. I hope never to be in another motor vehicle accident, however, if I am and I am injured, I will contact Boller & Vaughan immediately.
I was referred to Michelle through a friend. I have never had a better experience. It took a little over a year to get my settlement but the staff there stayed in constant contact and kept me in the loop. Oh, and Michelle actually got me MORE money than we discussed. I will refer anyone to this firm. Words cannot do justice the thanks that I have for Michelle and her staff (Mary especially) thank you guys so much!
After my husband died as a result of a motor vehicle accident, Boller & Vaughan spent countless hours talking with me, meeting with me in person, and making sure that I was okay. The drunk driver who hit us did not have any insurance, and we had to make a claim through our own insurance. Boller & Vaughan was fantastic at explaining the law to me and the handling of our claims.
After my son was injured in a daycare setting, Ms. Vaughan took the time to thoroughly investigate our case and my son’s injuries. Michele was approachable and had answers to our questions. Talking with her helped to relieve many of our anxieties.