Navigation Links
New ACO Reinsurance Program Launched by Star Line Group, U.S. Advisors and Ascendent Care
Date:11/8/2011

MINNEAPOLIS, Nov. 8, 2011 /PRNewswire/ -- Star Line Group, U.S. Advisors and Ascendent Care, announced today a new reinsurance program in response to the final regulations published recently by CMS for the Medicare ACO Shared Savings Program.

"We recognize the unique requirements of organizations that want to participate in the ACO Shared Savings Program and their need to moderate their downside risk in an affordable fashion," notes Robert Tierney, Star Line President.  "We have been tracking this issue from the draft regulations and our team has been working on the development of this new program for a number of months."

The ACO Reinsurance program recognizes the delayed cash flow compared to traditional health care financing mechanisms, as well as other unique aspects of the Shared Savings Program.  It is designed to protect an ACO's capital as they take risk on Medicare members.  

"Our reinsurance program really takes a lot of pressure off the downside risk and the cash flow requirements of the ACO," notes Terry Chesser, President of U.S. Advisors. 

"We have studied the environment closely and believe that we have an ideal program for those ACOs who have the motivation to improve quality and efficiency, yet may not have the deepest balance sheets and would otherwise not be able to take advantage of the Track 2 profit sharing rewards,"  explains Dan Johnson, Star Line Vice President.  

Mike Barrett, CEO of Ascendent Care, further adds "Ascendent is pleased to be involved in the due diligence review of ACOs under consideration for reinsurance, as well as the ongoing reporting and monitoring activities.  It is clear that this will expand the number of organizations that can step up to meet the mission and goals of the Medicare ACO Shared Savings Program."

ACOs interested in learning more about the reinsurance program should contact Terry Chesser, U.S. Advisors at (615) 263-5901 or via email at tchesser@advisorsus.com.

Star Line Group is a leading specialty underwriting manager for Specialty Benefits, Stop Loss and Managed Care insurance and reinsurance. For more information on Star Line, visit www.starlinegroup.com or contact Dan Johnson at (612) 455-8333 or djohnson@starlinegroup.com.

U.S. Advisors is an independently owned and operated reinsurance broker/consultant dedicated solely to the Managed Care Industry with clients nationally. For more information on U.S. Advisors, visit www.advisorsus.com or contact Principals Terry Chesser at (615) 263-5901 or tchesser@advisorsus.com. Or, Richard Polay at (727) 823-4577 or rpolay@advisorsus.com

Ascendent Care is a consulting firm supporting provider organizations in their efforts to integrate and improve care with change management, care process redesign, infrastructure and capital development programs. For more information on Ascendent Care, visit www.ascendentcare.com or contact Mike Barrett directly at (321) 263-5076 or mbarrett@ascendentcare.com.  

Primary Contact:
Terry Chesser
tchesser@advisorsus.com
615-263-5901


'/>"/>
SOURCE Star Line Group
Copyright©2010 PR Newswire.
All rights reserved

Related biology technology :

1. NephroGenex Reaches Agreement with the FDA on a Subpart H Phase 3 Program for Pyridorin™
2. Karyopharm Therapeutics Closes $10 Million Series A2 Financing to Expand Planned Phase 1 Program of Oral Selective Inhibitors of Nuclear Export (SINE) for Cancer
3. "PATH B": A Comprehensive Support Programme in Europe for Patients Diagnosed With Chronic Hepatitis B Launched
4. ViiV Healthcare Starts Phase III Clinical Programme of Celsentri/Selzentry® (maraviroc) versus Truvada® (tenofovir + FTC), in combination with a Protease Inhibitor in people living with HIV
5. United Therapeutics Announces Proposed Private Offering of $210 Million of Convertible Senior Notes and Authorization of Stock Repurchase Program
6. United Therapeutics Subsidiary Enters Into Contract With National Institutes of Health for Award of up to $45 Million to Support Glycobiology Antiviral Program
7. Luminex Corporation Joins Forces With the National Marrow Donor Program - Be The Match®
8. Novo Nordisk and Atlanta Area Organizations Partner on Diabetes Education Programs
9. PharmAthene Achieves Significant Progress in SparVax™ Anthrax Vaccine Program
10. BD Biosciences Announces Winners of Research Grant Program
11. University of Houston receives NSF grant for high school teachers program
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/18/2017)... ... May 17, 2017 , ... ... example, are more likely to develop Alzheimer’s disease, while men are at greater ... for this gender-specific neuronal bias is the aim of a research program at ...
(Date:5/16/2017)... ... May 16, 2017 , ... ... of its new ProxiMeta™ Hi-C metagenomic deconvolution service. ProxiMeta enables researchers to ... high-molecular-weight DNA extraction—speeding research insights at lower cost. , “We’re very excited ...
(Date:5/16/2017)... , May 16, 2017 Telehealth has ... organizations and something that has been kept completely ... optimization. But according to   Logicalis Healthcare Solutions ... international IT solutions and managed services provider ( ... often overlooked – interrelationship between telehealth, imaging, and ...
(Date:5/15/2017)... ... 2017 , ... Tunnell Consulting announced that Julia O’Neill, principal and ... Specifications in Process Validation,” at the Process Validation Summit 2017, May 18 and ... from the pharmaceutical and biotech industries to explore processes, strategies and new approaches to ...
Breaking Biology Technology:
(Date:4/13/2017)... SANTA MONICA, Calif. , April 13, 2017 /PRNewswire/ ... New York will feature emerging and ... Innovation Summits. Both Innovation Summits will run alongside the ... variety of speaker sessions, panels and demonstrations focused on ... east coast,s largest advanced design and manufacturing event will ...
(Date:4/11/2017)... , April 11, 2017 Crossmatch®, a ... authentication solutions, today announced that it has been ... Research Projects Activity (IARPA) to develop next-generation Presentation ... "Innovation has been a driving force ... program will allow us to innovate and develop ...
(Date:4/11/2017)... , April 11, 2017 No two ... researchers at the New York University Tandon School ... Engineering have found that partial similarities between prints ... used in mobile phones and other electronic devices ... The vulnerability lies in the fact that ...
Breaking Biology News(10 mins):