Health Care Partners Becomes an Accountable Care Organization
Health Care Partners of Nevada has been selected to participate in the Pioneer Accountable Care Organization (ACO) Model, an initiative sponsored by the Centers for Medicare and Medicaid Services (CMS) Innovation Center. Through the Pioneer ACO Model, the company will provide beneficiaries with higher quality care, while reducing growth in Medicare expenditures through enhanced care coordination. The model is designed to encourage the development of ACOs, or groups of doctors and other providers who work together to provide quality care for patients.
Heritage Bank Leads in SBA Loans for Northern Nevada
Heritage Bank of Nevada has earned the number one position in Northern Nevada in Small Business Administration (SBA) 7(a) and 504 loan production in Washoe, Carson City and Douglas counties. The ranking is the result of producing 23 loans, totaling $6,325,950. Of those, eight were 504 loans totaling $3,534,900 and the remainder were SBA 7(a) totaling $2,791,050.
Nevada Cancer Institute Announces Sale Agreement with UC San Diego Health System
Nevada Cancer Institute (NVCI) has entered into an agreement to sell its outpatient cancer treatment facility, operations and certain personal property to the UC San Diego Health System (UCSD) The sale is occurring in conjunction with a negotiated restructuring with NVCI’s lenders that is expected to reduce the non-profit’s debt by over $50 million.