Impressive shared savings and quality scores underscore CHESS Genesis ACO REACH’s leadership in value-based healthcare.
Winston-Salem, NC – CHESS Genesis, LLC, a CHESS Health Solutions accountable care organization, proudly announces remarkable achievements for the year 2023, setting new standards in both quality care and operational excellence. This year, CHESS Genesis ACO REACH achieved shared savings of $596,000 and an outstanding total quality score of 98.544%, alongside a near-perfect 99.48% Health Equity Data Reporting (HEDR) rate. These milestones reflect the dedication of the entire ACO to improving patient outcomes and equity in healthcare.
Key Achievements in 2023
- Shared Savings: $596,000 – Achieved through meticulous, patient-focused care and cost-effective strategies, this shared savings amount, split 50% with the Center for Medicare & Medicaid Innovation (CMMI) and adjusted for a 2% sequestration charge, showcases CHESS Genesis’s commitment to financially sustainable healthcare while maintaining a high quality of care.
- Quality Scores: 98.544% total quality score – Demonstrating excellence in care delivery, data accuracy, and equitable healthcare reporting. The HEDR rate of 99.48% underscores the organization’s emphasis on accurate and inclusive reporting practices while gaining an additional 9.95 quality points.
“These accomplishments are more than impressive statistics—they represent the real impact we make in the lives of the patients we serve,” said Dr. Yates Lennon, president of CHESS Health Solutions. “Behind each number are real patients who have received the best possible care through the efforts of our network of providers, health navigators, and administrators.”
Commitment to Collaborative Excellence
The exceptional results of 2023 are the product of dedicated teamwork across CHESS Genesis ACO REACH. From direct care providers to reporting and support teams, each member’s contribution was essential to these outcomes. Dr. Lennon expressed gratitude to the entire CHESS team, saying, “Thank you for your continued hard work, commitment, and cooperative spirit. Every team member’s role has been integral to our success, and together, we are advancing our mission to set a new standard in patient care.”
Looking Forward
Building on the success of 2023, CHESS Genesis ACO REACH remains focused on delivering high-quality, equitable, and cost-effective healthcare. As the organization continues to innovate in accountable care, it is dedicated to expanding access and delivering positive outcomes for patients across all populations.
ACO REACH, which began on January 1, 2023, is a model from the Center for Medicare and Medicaid Innovation Center. It is aimed at advancing health equity in underserved communities through a total cost of care model for traditional Medicare beneficiaries.
The statements contained in this document are solely those of the authors and do not necessarily reflect the views or policies of CMS. The authors assume responsibility for the accuracy and completeness of the information contain in this document.