The DL on ACO's with Larry Preston

Can accountable care organizations (ACOs) truly revolutionize the healthcare landscape? Join us on TCN Talks as we welcome Larry Preston, the visionary CEO and co-founder of Silver State ACO. With an astounding 51 years of experience in healthcare, Larry takes us on a journey from the early days of ACOs in the 1970s to the present. Listen as he recounts Silver State ACO’s remarkable story of overcoming initial setbacks, including a failed partnership, and how leveraging the right IT and legal expertise has been pivotal in managing a minimum of 5,000 Medicare lives.Our discussion continues with an exploration of the strategies that have driven Silver State ACO to achieve consecutive savings for eight years—a notable accomplishment among nearly 1,000 ACOs in the nation. Learn how strong hospital partnerships, strategic hiring, and meticulous compliance and clinical auditing have paved the way for success. Larry dives into the importance of being present in physician offices to ensure adherence to required formats and standards, a critical factor in maintaining high performance and quality care.Lastly, we delve into the evolution of healthcare risk models and the transformative power of technology in patient care. From the initial 50-50 savings split to riskier models like the 75-25 plan, discover the financial and operational adjustments that Silver State ACO has undertaken. We also discuss the integration of hospice care within the ACO framework and future innovations in healthcare analytics. Larry’s insights are sure to inspire healthcare professionals to reflect on their own practices and the future of patient care in an ever-changing environment. Don't miss this chance to gain valuable knowledge from one of the leading minds in healthcare management.Guest:  Larry Preston, CEO and Co-founder of Silver State ACO Host:  Chris Comeaux, President / CEO of TCN / TCGhttps://www.teleioscn.org/tcntalkspodcast/the-dl-on-acosTeleios Collaborative Network   /   https://www.teleioscn.org/tcntalkspodcast