What is an Accountable Care Organization? (ACO)

What is an Accountable Care Organization? (ACO)

Accountable Care Organizations (better known by their acronym ACO) are among the latest & greatest attempts to gain control of spiraling, out-of-control health care costs.  The Affordable Heath Care Act (better known as “Obama Care”) is convoluted and needs some serious tweaking.  But the overall political purpose of the legislation is to provide affordable health care to the general population (expanded coverage) and at a lower cost:  more productivity, quality, efficiency and streamlined patient-care processes.

The good news is that the ACO framework for Medicare and Medicaid is the most sensible and potentially the most effective way to achieve the very ambitious double goal of the Act:

  • Better care and increased quality of health services
  • Lower costs and streamlined processes of patient care [Read more…]
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