McKnight's June 7, 2023
Long-term care providers have always played a crucial role in ensuring the health and well-being of the frail and elderly. As practitioners continue grappling with the demands of patient care and running their businesses, Accountable Care Organizations (ACOs) focused on residents of long-term care facilities offer a promising solution to enhance the quality of healthcare services offered to residents in their care while also helping to reduce costs.
Most ACOs participate in the Medicare Shared Savings Program (MSSP), which incentivizes healthcare providers to collaborate in enhancing patient outcomes and quality and decreasing healthcare expenses. ACOs were permanently authorized in 2010 by the Affordable Care Act to achieve these goals.
The MSSP aims to enhance beneficiary outcomes and increase the...
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