Research, Define And Describe Accountable Care Organizations (ACO) (Research Paper Sample)
Research, define and describe Accountable Care Organizations (ACO). Explain the payment model(s). Answer the following questions. Why is Population Health so important to an ACO? What are the strategies an ACO can do to manage high risk patients? Why would an ACO want to manage high risk patients? APA Format; 800-1000 words.source..
Accountable Care Organization
Research, define and describe Accountable Care Organizations (ACO).
An Accountable Care Organization (ACO) is an association of healthcare providers, healthcare institutions and insurers whereby all parties voluntarily undertake medical and financial responsibilities for Medicare patients (Bard, & Nugent, 2011). An ACO fosters coordination of care that leads to patients receiving the necessary care at the right time while minimizing the risk of clinical prone errors and unnecessary health services.
ACOs focus on organizing and aligning care services to providing highly coordinated and efficient care whether the organization is contained within one corporate structure or is based within an organized network of different but connected health care practitioners (Bard, & Nugent, 2011). This enterprise alters how health care professionals are paid instead of being paid for every service.
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