Accountable Care Organization: A Case Study

Improved Essays
Accountable care organization is described as an organized group of providers that coordinates the care for designated beneficiaries in the traditional Medicare fee for service program. Who are the members of the ACO? According to the Centers for Medicare & Medicaid Services, members of ACO are a group of doctors, hospitals, and other healthcare providers who volunteer to coordinate quality care especially to elderly. ACO focuses more on chronic conditions that involve high cost (Kongstvedt P 2016 ). The Uncontrolled cost of health care brought American health care providers and payers effort to bend the cost curve and moderate the growth of cost. The ACO role is the control of the cost while maintaining quality. The group imposed the safety …show more content…
Lewis V. At all emphasize that health savings account (HAS)- level characteristics associated with ACO presence include higher performance on quality, higher Medicare per capita spending, fewer primary care physician groups, greater managed care penetration, lower poverty rates, and urban location. Its detailed elements determine the contract and the implementation of the organization. For instance, physicians who are in an ACO, are held accountable for quality care they deliver and health cost for a certain category of patients, a minimum of 5.000 patients must be enrolled in an ACO to be eligible under the patient protection affordable care act(ACA, 2010). In addition, members of ACO are required managerial expertise including organizational culture and teamwork, external network, IT which is an infrastructure for good management, care, and utility management; a skilful member who is able to manage and coordinate operations between parties, including payment and patient support educational information. Throughout the literature, policymakers believe that ACO model incorporates some of their lessons learned from the …show more content…
Lewis V et al (2012) said that we hypothesize that regions with higher levels of disadvantage will be less likely to have ACAs form, either because the providers serving these regions may be less confident in their ability to achieve cost and quality benchmarks for their patient population. Is the rapid growth of health care demand affect the ability of ACOs to coordinate care and cost effectively? Today, the empirical support of ACOs to their goal still

Related Documents

  • Improved Essays

    Case Study Of C. O.

    • 876 Words
    • 4 Pages

    A.C.O for INOVA First I would like to thank you for giving me this chance to share my opinion and finding on this issue of forming an A.C.O. The Centers for Medicare and Medicaid Services (C.M.S) defines an Accountable Care Organization as a "a healthcare organization characterized by the coordinated care efforts of hospitals, physician groups, insurance agencies, and other healthcare stakeholders who seek quality improvement while being accountable for the cost, efficiency, and overall care of a defined group of patients ” (A.C.O - C.M.S, 2015). The goal of an A.C.O is to “deliver high quality care” and reduce health care expenditure by “avoiding unnecessary duplication of services and preventing medical errors” (A.C.O - C.M.S, 2015). A.C.O…

    • 876 Words
    • 4 Pages
    Improved Essays
  • Superior Essays

    With this model the HMO “…contracts with multi-specialty medical group practice and provide all physician services to the HMO’s members. The physicians in the group are employed by the group practice and not by the HMO” (Kongstvedt, 2013). The physicians in the group model HMO also share facilities, equipment, medical records and support staff. The HMO is in charge of paying the group in bulk, and the physicians are in charge of deciding how the funds are distributed.…

    • 1145 Words
    • 5 Pages
    Superior Essays
  • Great Essays

    Health care access is very important. It allows all people to get care from many different places around the world. There are many ways that access to health care impacts the people who use it. Heath care access impacts, the physical, social, and mental status of people, the prevention of disease and disability, treatment of conditions, quality of life, and life expectancy (Access of Health Services, 2016). For people to have access to quality health care it is vital that health insurance provides adequate coverage, service, workforce, and provide it in a timely manner.…

    • 1164 Words
    • 5 Pages
    Great Essays
  • Great Essays

    Accountable Care Organizations must also satisfy specific quality measures as outlined by the Centers for Medicare and Medicaid. The provider will measure their performance by patient outcome to ensure quality measures are met or surpassed. Health and Human Services (HHS) has also offered incentives to providers through shared savings programs. HHS has developed monetary rewards for providers that can prove saving as a result of using ACOs. Upside Shared Saving Program is common with the Medicare Shared Saving Program (MSSP).…

    • 2027 Words
    • 9 Pages
    Great Essays
  • Improved Essays

    ACO Model

    • 1089 Words
    • 4 Pages

    A major component of the 2010 Patient Protection and Affordable Care Act (ACA) is the promotion of new models for payment and care delivery that control costs while improving quality. One of the most prominent of these new models is the Accountable Care Organization (ACO). ACOs, broadly defined, are groups of health care providers and hospitals joined together as either vertically integrated systems or virtually integrated networks that are responsible for the care of a defined population of patients. A primary means through which the ACA promotes the ACO model is the Medicare Shared Savings Program (MSSP), in which ACOs contract with Medicare to provide care to beneficiaries in the Fee-For-Service program, and are financially rewarded if…

    • 1089 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    APCD In Health Care

    • 896 Words
    • 4 Pages

    APCD is a large-scale database system which collects health care claims data from different payer sources including most of health care providers. It combines data from all payers in a state, giving policymakers statewide information on costs, quality, utilization patterns, and both access and barriers to care, as well as numerous other health care measures. The purpose of such database is to make it publically available to consumers and purchasers as well, providing it as a comparison tool for price and quality as they make health care decisions. APCDs are proving to be helpful tools, filling longstanding gaps in healthcare information.…

    • 896 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    2. More Specialists Migrating to Accountable Care Organizations (ACOs) The survey found that PCPs and specialists have similar rates of cash-only practices (5% and 6% respectively) as well as participation in a concierge model (4% and 3%). 37% of specialists either already do participate or are planning to participate this year in accountable care organizations (ACOs). His number is quite a bit lower than PCPs participation in ACOs, which is at 45%.…

    • 807 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    1.2 There are four approaches to outcome based practice - results based accountability, outcomes management, outcomes into practice and the logic model. Results based accountability, also known as outcome based accountability is an approach which uses data to problem solve and make decisions, such as a feedback system. It is often used to look at communities to improve the lives of children, youth, families, adults and communities as a whole. It is also used within services to improve performance. Results based accountability works backwards starting with the desired end outcome and is a means to getting past talking about problems and finding solutions to make improvements.…

    • 1076 Words
    • 5 Pages
    Improved Essays
  • Decent Essays

    Affordable Care Act (ACA)

    • 287 Words
    • 2 Pages

    Although many of us, when we hear the name Affordable Care Act (ACA) we right away think about low coverage, better access, and affordability but there’s so much more to it. Physicians are now being faced with having to provide better patient safety and quality of care. Thanks to Medicare’s Hospital Value-Based Purchasing Program (VBP), the quality of care provided to patients by hospitals is now measured through the use of quality measures and the patients’ overall satisfaction of care. Since the program was implemented, the ACA has showed significant results in the healthcare industry. For example, by improving patient safety and quality of care, adverse effects have lowered significantly.…

    • 287 Words
    • 2 Pages
    Decent Essays
  • Improved Essays

    Healthcare providers are supposed to manage quality care. In addition, this care should be provided for their patients. Quality of care has been tied to Medicare. Payment accountable care is provided for care organizations. Medicaid programs and private payers have made efforts to further the progress of valued based payment throughout the health care system.…

    • 346 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    Affordable Care Act

    • 1007 Words
    • 5 Pages

    The Affordable Care Act (ACA), is shortened for The Patient Protection and Affordable Care Act (PPACA), which is the new health care renewed regulation in America, and is known as Obamacare. The Patient Protection and Affordable Care Act is made up from several milestones in health care, such as of the Affordable Health Care for America Act, the Patient Protection Act. In addition, other milestones which took place in the health care was the ACA, which is also associated with health care sections of the Health Care and Education Reconciliation Act, and the Student Aid and Fiscal Responsibility Act. Furthermore, it consist of modifications to other laws like the Food, Drug and Cosmetics Act and the Health and Public Services Act. From the time…

    • 1007 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    Managed Care Failure

    • 694 Words
    • 3 Pages

    CMS (2015) informs us that in 1990's managed care plans managed reducing costs by negotiating discounts from providers and used lower cost settings (i.e., hospital versus ambulatory surgery center). As consumers required less restrictive care their utilization increased and such health expenditures increased. This is not because the managed care organizations (MCO's) have failed or they do not contain costs, it is a function of consumer demand. MCO's work diligently to control costs by ensuring the care is delivered in the safest cost effective setting, managing staff patient ratios, leveraging size to obtain the lowest possible price and standardizing the supply chain. MCO's can effectively manage costs, especially when compared…

    • 694 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    The Affordable Healthcare Act (ACA) was signed into law on March 23, 2010, and has since affected the practice of healthcare in the United States (U.S. Department of Health and Human Services [USDHHS], 2014). The ACA has had significant impacts on health care by requiring health care providers to be completely digital to allow for better access to patient histories and expanding coverage to those who may previously not have had access to healthcare (USDHHS, 2015). The current law is trying to improve quality and lower health care costs while providing better access to health care (USDHHS, 2014). While the law seems to be working well for patients, there are several factors that affect healthcare providers and organizations, which has caused…

    • 922 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    There are several business principles related to patient and system costs in health care that are needed to maintain safe, quality, patient-centered care that is fiscally sound. For this discussion, I will put myself in the shoes of a nurse manager, director of nursing, Chief Nursing Officer, or business owner and consider three of the principles from the Greg Fisher Power Point (2008). The principles I will examine are: 1) decide what makes you different; 2) manage employees; and 3) set goals. The reason why I selected these three business principles is that they appear to me to be a good place to start the groundwork for any business model, including the field of health care.…

    • 893 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    According to Hader (2015), “A key feature of the Affordable Care Act (aka, the ACA) includes strategies for quality measures reporting and reimbursement specifically, the shift away from paying for the volume of care provided toward paying for the quality of care” (p. 270). The ACA established the value-based purchasing (VBP) program. The VBP program “rewards Medicare participating hospitals for improving the quality of care during measured episodes of coordinated care, including heart attacks, heart failure, health care-associated infections, pneumonia, surgical care, and patient satisfaction” (Hader, 2015, p. 271). A provision of the ACA “requires health plans to submit reports each year demonstrating how they reward health care quality through market-based incentives in benefit design and provider reimbursement structures” (Hoo, Lansky, Roski, & Simpson, 2012,…

    • 1085 Words
    • 4 Pages
    Improved Essays