Orlando Health Network saved nearly $160 million in healthcare costs

Orlando, FL (January 17, 2023) Since 2013, Orlando Health Network has generated nearly $160 million in savings for the federal government’s Medicare Shared Savings Program, commercial insurers, self-funded employers and patients, according to the Clinically Integrated Network Value Report 2022.

The 2022 report, released this month, details how the network, part of Orlando Health hospital system, also launched multiple initiatives during 2021 to enhance the quality of patient care with more than 5,700 multispecialty providers within inpatient and outpatient care facilities.

“This publication is our health system’s opportunity to annually highlight incredible quality outcomes, inspiring clinical stories, and impressive financial performance from the year prior,” said Erik Walker, MD, board chairman, Orlando Health Network. “As you will read, for the ninth year in a row, we achieved fantastic results through our collaboration with our robust provider network and payer and employer partnerships.”

During the 2021 performance period, the network saved more than $5 million by meeting quality and cost goals for its aligned payer partners, despite the challenging headwinds brought on amid the pandemic, including increased medical complexity, deferral of preventative and interventional care plus an overall ballooning of cost across the industry.

Network-aligned providers ensured patients received timely medical care, avoided unnecessary duplication of services and prevented medical errors. Those efforts reduced patients’ out-of-pocket costs and saved taxpayer funds.

The network also improved its care coordination model by using state-of-the-art technology to automate patient screenings and case assignments, which enables providers to engage with patients more productively.

Since its launch, Orlando Health Network expanded its partnerships with commercial payers including Aetna, Cigna, Florida Blue and United Healthcare. The network cares for nearly 300,000 patients across Central Florida, which covers roughly one in eight Greater Orlando residents.

For more information about Orlando Health Network and its value-based contract performance, the Orlando Health Network 2022 Value Report can be accessed online at www.OrlandoHealthNetwork.com.

About Orlando Health

Orlando Health, headquartered in Orlando, Florida, is a not-for-profit healthcare organization with $8.1 billion of assets under management that serves the southeastern United States.

Founded more than 100 years ago, the healthcare system is recognized around the world for Central Florida’s only pediatric and adult Level I Trauma program as well as the only state-accredited Level II Adult Trauma Center in Pinellas County. It is the home of the nation’s largest neonatal intensive care unit under one roof, the only system in the southeast to offer open fetal surgery to repair the most severe forms of spina bifida, the site of an Olympic athlete training facility and operator of one of the largest and highest performing clinically integrated networks in the region. Orlando Health has pioneered life-changing medical research and its Graduate Medical Education program hosts more than 350 residents and fellows.

The 3,238-bed system includes 23 hospitals and emergency departments – 18 of which are currently operational with five coming soon. The system also includes nine specialty institutes, more than 100 adult and pediatric primary care practices, skilled nursing facilities, an in-patient behavioral health facility under the management of Acadia Healthcare, and more than 60 outpatient facilities that include imaging and laboratory services, wound care centers, home healthcare services in partnership with LHC Group, and urgent care centers in partnership with FastMed Urgent Care. More than 4,000 physicians, representing more than 100 medical specialties and subspecialties have privileges across the Orlando Health system, which employs more than 25,000 team members and more than 1,200 physicians.

In FY22, Orlando Health served nearly 142,000 inpatients and 3.9 million outpatients. The healthcare system provided more than $782 million in total value to the communities it serves in the form of charity care, community benefit programs and services, community building activities and more in FY 21, the most recent period for which this information is available. Additional information can be found at http://www.orlandohealth.com, or follow us on LinkedIn, Facebook, Instagram and Twitter @orlandohealth.