HealthLynked Corp subsidiary reports nearly $768,000 in shared savings revenue

HealthLynked Corp (OTCQB:HLYK) CEO Michael Dent and HealthLynked subsidiary CURA Health Management Co-Founder Nicole Bradberry tell Proactive that ACO Health Partners LLC, an accountable care organization owned by CURA, reported its third consecutive year of shared savings.

Dent and Bradberry say ACO Health Partners, which works with healthcare providers to give coordinated high quality care to Medicare patients, was able to reduce costs for Medicare by nearly $1.5 million and net itself $767,743 in shared savings revenue, according to performance results by the federal agency that handles Medicare.

What's more, the group’s ongoing Medicare beneficiary growth initiatives resulted in a four-fold increase in the ACO's covered beneficiary base to 11,500 going into the 2021 savings year.

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