ACOs Multiply As Medicare Announces 27 New Ones
Kaiser Health News: By Jenny Gold and Christian Torres, KHN Staff Writers, APR 10, 2012.
Despite uncertainty over how the Supreme Court will rule on the health law, a key provision intended to help transform the delivery of care is moving ahead.
The Obama administration announced Tuesday that 27 health systems have been selected to participate in Medicare’s Shared Savings Program, which offers financial incentives for physicians, hospitals and other health care providers to team up in “accountable care organizations.”
Advocates say ACOs can improve care for Medicare beneficiaries and slow rising costs by changing the incentives that influence how doctors and hospitals operate. Experts cite as models highly touted health systems such as the Mayo Clinic and the Geisinger Health System of Pennsylvania. Read More