#Long-Term Care #Sound Accountable Care #Medicare Savings Program

Significant Rebranding for Enhanced Care

In a strategic move to better reflect its evolving scope of services, Sound Long-Term Care Management (SLTCM) has announced its rebranding to Sound Accountable Care. This new identity marks a pivotal moment for the organization, illustrating its commitment to providing comprehensive, patient-centered care. As one of the top-ranked Accountable Care Organizations (ACOs) focusing on long-term care, the change underscores the growth and expansion of its service offerings that now include not only nursing facilities and assisted living but also independent living and in-home care.

Growth and Service Expansion

Michael Camacho, the president of accountable care at Sound Physicians, emphasized that the rebranding is a reflection of the organization’s rapid growth over recent years. “This change represents how we've grown as an organization, how our providers care for patients, and what accountable care looks like across a patient's full continuum of care,” Camacho noted.

The organization has significantly transformed the dynamics of long-term care since its inception. In merely three years of operations, Sound Accountable Care has excelled in setting benchmarks within the long-term care industry, specifically for the Medicare Shared Savings Program (MSSP) for facility-based beneficiaries. Demonstrating its capacity to deliver impactful results, in just its second performance year, the organization aided Medicare in realizing nearly $114 million in shared savings.

Enhanced Focus on Patient Partnership

The shift to Sound Accountable Care serves to position the organization for deeper partnerships that prioritize patient needs before they may require long-term care placement. This strategic pivot aims to improve transitions between skilled nursing and other care settings while ensuring consistency as patients' healthcare needs evolve over time.

“The name change is not merely cosmetic; it is a representation of our evolving focus on partnerships and effective care for patients throughout their journey,