RevCycle Intelligence February 17, 2020
Accountable care organizations were developed to push the healthcare industry toward value-based care. But the model is not the final solution, industry experts say.
Accountable care organizations (ACOs) were created to push the industry away from fee-for-service towards value-based care. Through care coordination and a shared savings payment model, ACOs strive to improve patient outcomes and population health management while keeping costs to a minimum.
With three-quarters of all the care a patient needs in a given year can be covered in a primary care setting, the organizations of physicians, hospitals, and other providers work on providing the right care in the right place at the right time – a concept central to the success of value-based care. And with...