Financial Performance

A primary objective of Onslow Partners in Care is to work toward creating financial savings within the healthcare system through the improvement of the quality and delivery of healthcare to Medicare Fee-for-Service patients. We want to demonstrate and communicate the impact of the combined efforts of all those participating in Physicians Healthcare Collaborative on the Medicare system. To that end, we will be providing financial updates as to the savings generated and how those funds will be distributed back into the healthcare system.

Medicare Shared Savings Performance - Agreement Period, Beginning 2017

2017
Total Benchmark Expenditures Minus Total Expenditures $2,180,903
Total Savings $2,180,903
Minimum Savings Rate 3.1%
Minimum Savings Rate $2,729,209
Earned Shared Savings/Owe Losses N/A

The ACO plans to use any shared savings earned to first cover operating costs and establish adequate reserves to meet future infrastructure needs and operations. It then plans to share savings between the ACO and ACO participants/provider/suppliers.

Make sure to check back to see our Medicare Shared Savings Performance. This will be completed after the conclusion of the performance year.

Download the Shared Savings Program Instructions

Pursuant to federal law, Onslow Partners in Care reports the following arrangement(s) necessary and reasonably related to the Shared Savings Program: Contractual arrangement for data integration, collection, and analytics between Onslow Partners in Care and Physicians Healthcare Collaborative effective January 1, 2017.