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Accountable Care Organization (ACO)

Triad HealthCare Network (THN) uses a health care delivery model to better align physicians, practices, hospitals and payers (insurance providers) to improve access to care and clinical quality while controlling costs.

As part of the Next Generation Accountable Care Organization (ACO) Program, THN saved more than $49.9 million in health care costs during our first 3 performance years (2016 – 2018). During this same period, our average savings rate was 3.77%.

In 2018, THN’s performance results included:

  • $6.2 million in savings
  • 2.39% savings rate
  • 94.89% in quality

ACO Public Reporting

As a Next Generation Accountable Care Organization (ACO), Triad HealthCare Network (THN) provides the following reporting in compliance with its ACO Participation Agreement.

ACO Name and Location

Triad HealthCare Network
300 E. Wendover Ave, Second Floor
Greensboro, NC 27401

Mailing address: 1200 N. Elm Street, Greensboro NC 27401

Hours of Operation: 8:30 AM – 5:00 PM

ACO Primary Contacts

James Osborne, MD, Chief Clinical Officer, THN
Employed by Eagle Physicians and Associates, P.A.
jim.osborne@conehealth.com
(336) 663-5122

Steve Neorr, Chief Administrative Officer, THN
Employed by Cone Health
Steve.Neorr@conehealth.com
(336) 663-5013

Composition of ACO

THN is a provider-led partnership between community physicians and Cone Health organized to improve health care in Greensboro and the greater Piedmont Triad area.

ACO Participants

Triad HealthCare Network ACO Governing Body

  • Dr. Richard Aronson, Voting Member, Employed by Guilford Medical Associates, ACO participant representative
  • Dr. John Campbell, Voting Member and Chair, Employed by Regional Center for Infectious Disease, ACO participant representative
  • Dr. Peter Whitfield, Voting Member, Employed by Greensboro Chamber of Commerce, ACO participant representative
  • Dr. Haywood Ingram, Voting Member, Employed by Central Carolina Surgery, ACO participant representative
  • Lee McAllister, Voting Member, Employed by Weaver Investment, Consumer Advocate, ACO participant representative
  • Terry Akin, Voting Member, Employed by Cone Health, ACO participant representative
  • Jim Roskelly, Voting Member, Employed by Cone Health, ACO participant representative
  • Craven Williams, Voting Member, Employed by Guilford College, Medicare Beneficiary Advocate

Triad HealthCare Network Committees and Key Leadership Personnel

  • Operating Committee: James Osborne, MD, Operating Committee Chair, Employed by Eagle Internal Medicine at Tannenbaum
  • Quality Committee: Beth Hodges, MD, Quality Committee Chair, Employed by Hodges Family Practice
  • Contracting and Finance Committee Co-Chairs: Robert Scott, MD, Employed by White Oak Family Physicians; Chris Mattern, MD, Employed by Greensboro Radiology
  • Steve Neorr, Chief Administrative Officer, THN, Employed by Cone Health

Aggregate Amount of Shared Savings/Losses

  • 2018: Next Generation Accountable Care Organization Performance
    • $6,240,899 saved
    • $6,240,899 received
  • 2017: Next Generation Accountable Care Organization Performance
    • $13,339,146 saved
    • $13,072,363 received
  • 2016: Next Generation Accountable Care Organization Performance
    • $10.9 million saved
    • $10.7 million received
  • 2015: Medicare Shared Savings Program Performance
    • -$105,754 due to CMS
    • $0 received as the minimum savings requirement was not met
  • 2014: Medicare Shared Savings Program Performance
    • $3 million saved
    • $0 received as the minimum savings requirement was not met
  • 2013: Medicare Shared Savings Program Performance
    • $21.5 million saved
    • $10.5 million received

How Shared Savings Are Distributed

Any earned shared savings will first be allocated to cover 100% (up to $2 million) of THN’s infrastructure costs.

25% of any available margin, or an amount otherwise agreed to and approved by the THN Board of Managers, will be paid to Cone Health as repayment of Cone Health’s initial investment in the startup of THN.

The remaining 75% of any available margin will be distributed to THN ACO participants (primary care physicians, specialists and Cone Health) based on performance measures determined by THN.

Quality Reporting

Learn how to interpret scores based on quality performance measures.

For more information regarding ACOs: