• Modern healthcare · Jul 2013

    Betting on change: Tenet deal with Vanguard shows it's primed to try ACO effort, new payment model.

    • Beth Kutscher.
    • Mod Healthc. 2013 Jul 1; 43 (26): 6-7, 1.

    AbstractTenet Healthcare Corp.'s acquisition of Vanguard Health Systems is a sign the investor-owned chain is willing to take a chance on alternative payment models such as accountable care organizations. There's no certainty that ACOs will deliver the improvements on quality or cost savings, but Vanguard Vice Chairman Keith Pitts, left, says his system's Pioneer ACO in Detroit has already achieved some cost savings.

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