Discussions of Accountable Care Organizations (ACOs) are sure to dominate the minds of hospital and health plan administrators in the next few months/years. The establishment of these entities will likely impact the work and expectations of health care quality professionals. Kaiser Health News recently posted an ACO FAQ list. You can find it here.
This FAQ provides thoughts to the following questions:
- What is an accountable care organization?
- When will ACOs begin operating?
- Why did Congress include ACOs in the law?
- How would ACOs be paid?
- How will an ACO be different for patients?
- Who's in charge — hospitals, doctors or insurers?
- If I don't like HMOs, why should I consider an ACO?
- What can go wrong?
- Are there any possible legal concerns?
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