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Methodist Patient Centered Aco

Methodist Patient Centered Aco

Dallas, TX 75203
Tax ID35-2436666

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About this organization

Revenue

$6,779,994

Expenses

$7,475,004

Website

methodisthealthsystem.org

Mission

To improve and save lives through managed coordinated care by providing quality and cost-effective medical and health services to patients.

About

METHODIST PATIENT CENTERED ACO (MPCACO) IS A TEXAS NONPROFIT CORPORATION FORMED TO PARTICIPATE IN THE MEDICARE SHARED SAVINGS PROGRAM (MSSP) AS AN ACCOUNTABLE CARE ORGANIZATION (ACO). ON 7-1-12 THE CENTER FOR MEDICARE AND MEDICAID SERVICES (CMS) SELECTED MPCACO TO PARTICIPATE IN ITS MSSP. METHODIST HOSPITALS OF DALLAS (MHD) IS A TEXAS NONPROFIT CORPORATION AND A 501(C)(3) ORGANIZATION. MHD IS THE SOLE MEMBER OF MPCACO. MHD PROVIDES QUALITY INTEGRATED CARE TO IMPROVE AND SAVE LIVES OF INDIVIDUALS THROUGHOUT NORTH TEXAS. AS REQUIRED BY SECTION 425 106 (C) OF THE MSSP REGULATIONS, SECTION 321 OF THE MPCACO AMENDED AND RESTATED BYLAWS REQUIRES THAT AT LEAST 75% OF THE MEMBERS OF THE BOARD SHALL BE ACO PARTICIPANTS AS DEFINED IN THE MSSP REGULATIONS, OR REPRESENTATIVES OF THOSE PARTICIPANTS TO ENSURE MPCACO IS OPERATED IN FURTHERANCE OF MHD'S EXEMPT PURPOSES. DURING THE MOST RECENT REPORTING PERIOD OF JANUARY 1, 2018 THROUGH DECEMBER 31, 2018, MEDICARE ADVISED THE ACO IT HAD PROPERLY REPORTED ON ALL REQUIRED QUALITY METRICS AND ACHIEVED MEDICARE SAVINGS OF $13,878,148 ON THE MEDICARE POPULATION SERVED BY THE ACO. PURSUANT TO THE SHARED SAVING AGREEMENT, 47.1% OF THAT SAVINGS WAS DISTRIBUTED TO THE ACO. SUBSEQUENTLY A PORTION OF THAT DISTRIBUTION WAS SHARED WITH PHYSICIANS WHO HAD SIGNED UP FOR THE SHARED SAVINGS PROGRAM AND HAD ACHIEVED A MINIMUM NUMBER OF POINTS (10) BY COMPLETING TASKS OF PERFORMANCE IMPROVEMENT, ACO CITIZENSHIP, QUALITY AND/OR ELECTRICAL MEDICAL RECORDS. AN ADDITIONAL PORTION WAS DISTRIBUTED TO THE HOSPITALS IN THE METHODIST HEALTH SYSTEM AND THE BALANCE WAS RETAINED TO OFFSET A PORTION OF THE START-UP AND ADMINISTRATIVE COSTS OF THE ACO.

Interesting data from their 2020 990 filing

The non-profit's aim, as stated in the filing, is “To operate an accountable care organization (aco) to (a) participate in the medicare shared savings program (mssp) as set forth in section 1899 of the social security act and released regulations, (b) serve as a vehicle for advancing methodist health system's clinical integration and quality initiatives, (c) serve as a vehicle to manage, coordinate, and promote accountability for the quality, patient safety, cost and overall care of patients, including medicare beneficiaries, and (d) serve as a network to provide coordinated quality and cost-effective medical and health services.”.

When referring to its actions, they were outlined as: “To improve and save lives through managed coordinated care by providing quality and cost-effective medical and health services to patients.”.

  • The non-profit has complied with legal obligations by reporting their state of operation as TX.
  • The non-profit's address in 2020 is noted in the filing as 1441 N Beckley Ave, Dallas, TX, 75203.
  • The non-profit's form for 2020 reports a total of 0 employees.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$695,010.
  • The CEO compensation package within the organization is not established through a review and approval by a neutral party.
  • The organization elects its board members.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 5 independent voting members.
  • The organization was formed in 2012.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization pays $12,399 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.

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