Note: This should not be taken as tax or legal advice.
Beginning in 2012, the
Affordable Care Act is requiring Medicare to use Accountable Care Organizations (ACOs) in an attempt to slow the rise of health care costs. So, what's an ACO?
An ACO is a vehicle for paying teams of health care providers to care for patients, instead of paying for care one service at a time. An ACO limits health care providers’ financial relationships with other providers.
Proponents of ACOs argue that the programs provide:
- Personalized care management and support
- Technology that connects doctors with patient information and medical evidence
- Financial incentives that reward doctors who work hard to provide good care for patients with chronic conditions and doctors whose patients’ health improves
What do you think?
