Accountable Care Organizations Model
Coordinated care helps ensure that patients especially the chronically ill get the right care at the right time with the goal of avoiding unnecessary duplication of services and.
Accountable care organizations model. In the healthcare industry accountable care organizations acos have blazed a path of innovation as both a public and commercial streamlined data driven model. You can also watch the accompanying video that explains acos. Accountable care organizations acos are groups of doctors hospitals and other health care providers who come together voluntarily to give coordinated high quality care to the medicare patients they serve. This model of care is one of the ways created by the affordable care act to reduce health care costs while improving quality of care.
A more advanced aco the pioneer aco model is designed for health care organizations and providers that are already experienced in coordinating care for patients across care settings. An accountable care organization aco is a healthcare organization that ties provider reimbursements to quality metrics and reductions in the cost of care acos in the united states are formed from a group of coordinated health care practitioners. An accountable care organization is a group of health care providers including primary care physicians specialists. They use alternative payment models normally capitation the organization is accountable to patients and third party payers for the quality.
This will require all parties to relinquish their traditional siloed views and adopt a more expansive and collaborative model of care delivery respecting the talent and experience brought to the table by all stakeholders. Primary care is the foundation of the aco model. Building upon experience from the pioneer aco model and the medicare shared savings program shared savings program the next generation aco model offers an exciting opportunity in accountable care one that sets predictable financial targets enables providers and beneficiaries greater opportunities to coordinate care and aims to attain the highest quality standards of care.