The ACO’s sponsorship will fund research, workforce development and education, training and professional development initiatives for post-acute and long-term care practitioners, according to an Oct. 18 news release shared with Becker’s.
The Foundation for Post-Acute and Long-Term Care Medicine provides education, training and clinical resources for post-acute and long-term care settings.
“Signing on as a corporate sponsor of the PALTC Foundation aligns with our mission to dramatically improve the quality and cost of healthcare delivered to Medicare beneficiaries residing in long-term care facilities,” Jason Feuerman, president and CEO of LTC ACO, said in the news release. “This presents an opportunity for us to leverage our expertise, resources and data-driven insights to advance care delivery within the PALTC industry.”
LTC ACO is the first accountable care organization dedicated to long-term care residents. The ACO began participating in the Medicare shared-savings program in 2016 and has grown by 140 percent over the past two years. It assumes risk for nearly 20,000 Medicare fee-for-service beneficiaries, the largest ACO of its type.
At the Becker's 5th Annual Fall Payer Issues Roundtable, taking place November 17–19 in Chicago, payer executives and healthcare leaders will come together to discuss value-based care, regulatory changes, cost management strategies and innovations shaping the future of payer-provider collaboration. Apply for complimentary registration now.
