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Worcester Business Journal • www.wbjournal.com • 2017 Economic Forecast 27 photos courtesy of Priscilla Messinger Thank you to all who joined us for Denholms for the Holidays and special thanks to our event sponsors! Art Engineering Ascension Financial Solutions Bartholomew & Company Chacherone Properties, LLC Consigli Construction Co. Cutler Management Corp. Dellbrook Construction Finegold Alexander Architects Fletcher Tilton PC Attorneys at Law Joe Lapriore Plumbing & Heating Law Offices of Andrew J. Schultz Magay & Barron Eye Center MCPHS University Mountain, Dearborn & Whiting National Grid Nault Architects Nitsch Engineering Quaker Special Risk Raymond James Restoration RE/MAX Vision Sachs Jewelers Signarama UniBank Wings Over Worcester Worcester Business Development Corporation The Escal-Aires Sponsors The Place on Mod 3 Shop Sponsor The Varsity Shop Sponsors The Poise-N-Ivy Shop Sponsors www.preservationworcester.org Worcester Business Journal WBJ Media Sponsor People. Places. Product. Photographic images for advertising, public relations, graphic and corporate communications groups . See the difference. 165 Holly Lane • Holliston, MA 01746 Phone: 774.248.4050 • www.ronbouleyphoto.com R O N B O U L E Y P H O T O G R A P H Y UMass Memorial to lead MassHealth overhaul in Central Mass. A senior official at Umass Memorial Health Care said the region's dominant healthcare system will lead participa- tion in a MassHealth pilot program that will change how providers are paid for delivering care to Medicaid patients. Under a $52.5-billion Medicaid waiver deal approved by the federal government earlier this week, the MassHealth program will provide $1.8 billion to Bay State hospitals to launch accountable care organizations (ACOs) that will incentivize health care provid- ers to care for patients on a budget, rather than under a traditional fee-for- service model. Doug Brown, chief administrative officer at UMass Memorial and presi- dent of the system's community hospi- tals, said the organization will likely discuss partnering with all other play- ers in the region, both within the sys- tem and outside of it, in the MassHealth ACO pilot. "We think we will be able to form an organization that will create integrated care in our region for all Medicaid patients," Brown said, adding that UMass Memorial officials will likely reach out to all providers in the region to gauge interest in pooling patient populations together to minimize risk to individual providers. The ACO model has been pushed by policy makers as a better alternative to fee-for-service, which has the potential to create waste because providers aren't rewarded for managing the cost of delivering care. Brown said the medicaid waiver deal, which was championed by the Baker Administration, is a significant tipping point for how Massachusetts providers are paid. While many com- mercial insurers incorporate value- based care into contracts that rewards providers to managing costs, MassHealth has not employed this model until now. At $15.5 billion this year, the program is the biggest driver of healthcare spending in Massachusetts and the largest compo- nent of the state budget. Doug Brown, chief administrative officer at UMass Memorial W