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Accountable Care Organizations Experience Growth, Challenges
As seen in Bloomberg Law – Health IT Law & Industry Report.
Medicare coordinated-care programs are growing in number and making progress on cost savings and health outcomes, but are facing obstacles including hefty startup costs and arduous regulation requirements, experts say.
Accountable care organizations, or ACOs, are provider-based networks that aim to improve coordination between physicians and services, improve patient outcomes, and reduce spending growth. In these networks, doctors and hospitals share financial and clinical responsibility for providing coordinated services to patients to limit unnecessary care.
Corinne Smith, partner at Strasburger & Price, LLP, recently shared her commentary about this on Bloomberg BNA. She sees problems in tracking long-term quality success in the ACO programs.
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