VHAN achieves largest shared savings distributionFeb. 23, 2023, 8:58 AM
by Megan Pacella
This year the Vanderbilt Health Affiliated Network (VHAN) distributed $17.7 million in shared savings and performance bonuses from commercial and Medicare contracts, thanks to the network members’ outstanding performance in 2021.
These results mean that VHAN has achieved its eighth straight year of shared savings distributions to members and health plans.
“We’re excited to celebrate this significant acknowledgment of the network’s impact on improving the quality and cost of care for the patients we serve across Tennessee,” said VHAN chief medical officer Cindy Powell, MD.
“By collaborating with their peers in the area’s largest clinically integrated network, VHAN clinicians have consistently met or exceeded quality and cost metric national standards, surpassing the performance of other providers in the region and achieving recognition as best-in-class national ACO.
“These achievements have allowed VHAN to lower the total cost of care for patients and employers, resulting in the largest shared savings distribution to date for our clinicians. I am inspired by the ways in which our members come together to share, learn and transform so that we can improve the health of the communities we serve.”
These achievements are important signs that the dedication and hard work of VHAN member organizations have provided tangible value and measurable impact to patients, families and communities by offering access to high-quality, affordable health care, Powell said.
Key wins from 2021’s performance include:
- For the fourth consecutive year, VHAN achieved 100% performance for all Aetna-contracted quality measure targets.
- VHAN members scored higher than Aetna’s fourth quarter national average on several measures, including breast cancer screening; colorectal cancer screening; comprehensive diabetes care: HbA1c poor control >9.0%; well-Child/pediatric visits in the third, fourth, fifth and sixth years of life; and appropriate treatment for upper respiratory infection.
VHAN is a clinically integrated network of physicians, nurses and allied professionals transforming health care and strengthening communities.
Powered by collaboration, data-driven insights and continuous learning, VHAN membership includes providers across Tennessee and the surrounding states.