ACO’s is an association of a group of doctors, hospitals, healthcare providers and insurers that are all joined together and take on the responsibility for the quality of patient care as well as how money is being spent that pertains to a certain population. The main goal of ACO is to improve the overall status of health by providing efficient quality care by overseeing a pay-for performance that measures the care of patients and controls the cost of service. Certain criteria have been put in place to measure the provider’s service to the patient. Depending on the providers performance the payment for cost for service could either be lower or higher from Medicare.
