Live A global perspective on accountable care organizations
An Accountable Care Organization (ACO) is an organization of physicians and other health care providers held accountable for the overall quality and cost of care delivered to a defined population of patients. The goal of an ACO is to increase access to care, improve the quality of care, and ensure the efficient delivery of care. The idea behind ACOs is to pay physicians and hospitals for quality rather than volume of service. Pilot ACO programs, both public and private, have shown mixed results in improving quality and reducing cost. The Centers for Medicare and Medicaid Services’ Pioneer ACO Model program is a fitting example. While all ACOs participating in the program showed some success in improving quality as compared to traditional Medicare fee-for-service, just over half were able to reduce costs, and only 40 percent were able to reduce costs enough to qualify for bonus payments. After one year, more than a quarter of the ACOs dropped out of the program for various reasons. This program will provide a global perspective on ACOs. It will explore what has worked and what hasn’t worked thus far for ACOs and their participating physicians and other health care providers. Finally it will discuss whether any of the success of well-established ACOs, such as those that have participated in pilot programs, can be transferable to less experienced entities. Should you have technical questions, please contact the AMA Unified Service Center at 1-800-621-8335. Should you have any questions regarding the content of this activity, please contact Katie Pajak at email@example.com or 312-464-5450.