Erie Hospital Creates Accountable Care Organization

Circle Connections: Mergers & Acquisitions Saint Vincent Hospital has created a network with its physicians and other health-care professionals that is designed to reduce the cost of treating Medicare patients and improve their care. The Saint Vincent Shared Savings Program is an accountable care organization, a type of network created as part of the Affordable Care Act. The program was approved by the U.S. Centers for Medicare & Medicaid Services on Monday and takes effect Wednesday. At least 353 such networks have formed since the law took effect in 2010. Saint Vincent has the only accountable care organization . . .