Ochsner Health Network announced record-breaking cost-of-care savings for 2023–2024

The network reported over $56.1 million in total cost-of-care savings aimed at the most vulnerable populations in their service area, a striking figure that underscores the impact of their efforts.

Several impressive outcomes highlight clinical effectiveness and provider incentives:

• $44.6 million in savings will be shared among providers participating in the network.
• Physicians in the network earned $18.6 million in value-based revenue thanks to shared-savings contracts.
• The Medicare Shared Savings Program (MSSP) saw over $30 million in reduced patient care costs, an 11 % improvement compared to the previous year.

The report also reflects excellence in patient outcomes and accessibility. Ochsner ranked in the top 11 % for quality among approximately 450 accountable care organizations nationwide. It ranked in the top 3 % for Access to Care, based on the CAHPS patient experience survey.

The network delivered outstanding outcomes for chronic conditions: 88 % of diabetic patients achieved HbA1c control, and 85 % of patients with hypertension maintained controlled blood pressure, both well above national benchmarks.

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