Health Payer Intelligence May 23, 2017
Since their inception, accountable care organizations (ACOs) have blazed a path of innovation in the healthcare industry, from delivery to quality of care.
Accountable care organizations (ACOs) are provider-based networks which utilize data analytics and population health management strategies to increase efficiency, improve patient outcomes, and reduce healthcare costs.
Originally established in 2012 as a Medicare payment model, the ACO is now also seen in private payer settings across the healthcare continuum.
At its core, an ACO is a group of healthcare providers who voluntarily come together to coordinate healthcare services and engage in value-based payment models.
More than simply a network of providers, however, the ACO is focused on streamlining and optimizing the quality of care. This is done...