accountable care organization


Also found in: Acronyms.

accountable care organization

n.
A network of medical providers, consisting of hospitals, doctors, home health agencies, and others, that agrees to coordinate and share the costs associated with the delivery of health care to Medicare patients.
References in periodicals archive ?
The accountable care organization (ACO) concept is central to the health system reform envisioned by the Affordable Care Act, but what it would look like or how it would work has been variously and loosely defined.
Download more metrics from the complimentary HINtelligence report, "Accountable Care Organizations in 2017: ACO Adoption Doubles in 4 Years as Shared Savings Gain Favor," at http://www.hin.com/library/registerACO2017.html.
The Centers for Medicare & Medicaid Services (CMS) today announced the 2015 performance year results for the Medicare Shared Savings Program and the Pioneer Accountable Care Organization Model that show physicians, hospitals and health care providers participating in Accountable Care Organizations continue to make significant improvements in the quality of care for Medicare beneficiaries, while achieving cost savings.
As Harold Miller of the Center for Healthcare Quality and Payment Reform asserts, "It seems clear that in order to be accountable for the health and health care of a broad population of patients, an accountable care organization must have one or more primary care practices playing a central role."
Todays results from the Medicare Shared Savings Program and the Pioneer Accountable Care Organization Model show significant improvements in the quality of care providers are offering to an increasing number of Medicare beneficiaries.
Is your organization considering becoming an accountable care organization? Are you executing episodic payments today?
Cigna has launched a collaborative care initiative with WakeMed Key Community Care (WKCC), an accountable care organization (ACO) created by WakeMed Health & Hospitals, WakeMed Physician Practices and Key Physicians, that aims to improve the quality and value of care and the patient experience while making an impact on the health of the community through enhanced access to health care, care coordination and affordability.
A new report (1) finds that 49% of surveyed primary care physicians expect to participate in an accountable care organization in the next year.
The new contract award will also allow Cerner's Electronic Health Record (EHR) and BOS solutions to reach 200 community providers of PathfinderHealth a regional accountable care organization managed by NAH and various local health systems.
The Michigan Pioneer ACO LLC, a Delaware Limited Liability company ( DMC ACO ) is an organization affiliated with the Detroit Medical Center whose purpose is to function as an accountable care organization (an ACO ) as that term is defined by the federal Department of Health and Human Service, Centers for Medicare and Medicaid Services ( CMS ).
Cigna and Primary Partners LLC , a physician owned and managed accountable care organization, have launched a collaborative care initiative to improve patient access to health care, enhance care coordination, and achieve the goal of improved health, affordability and patient experience.
Kelsey-Seybold care providers will focus on prevention, improved coordination and well-managed care through their fully integrated multispecialty physician practice, the nation s first NCQA-Accredited Accountable Care Organization.
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