question archive Define Accountable Care Organization (ACO) and discuss their impact on the contemporary health care system
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Define Accountable Care Organization (ACO) and discuss their impact on the contemporary health care system.How do CAOs drive cost-effectiveness,innovation and collboration in the delivery of health care?
1- These are some organizations consisting of health care professionals, clinicians and hospitals who voluntarily provide best quality health care to some selected group of patients.
2- They have impacted greatly as they choose wisely how to spend their health care savings on the right program suited for the patients. They prevent medical errors and provide patients with the right information needed.
3- Their services are cost effective as sponsoring payers and medicare services return some savings back to the ACO's who then distributes these contributions back to the providers.
4- ACO's have innovative strategies and they collaborate with the people they work as they have developed physician leaderships, enforced true participation of all members and effective integration of the clinics.