What is an Accountable Care Organization?
An Accountable Care Organization, or ACO, is a coordinated health care system that strives to deliver quality care at a lower total medical cost by focusing on several key areas:
- Coordination of care across multiple medical specialties and care settings, both inpatient and outpatient.
- Evidence-based care practices.
- Use of information technology.
- Quality measurement and accountability for quality of care, patient satisfaction and the total cost of care.
- Incentives for prevention, care management and outcomes.
ACOs practice team-based care in which physicians, nurses and specialists work together to provide coordinated care for patients. These professionals come together and agree on ways to improve care outcomes. A strong emphasis is placed on proactive measures, including prevention, identification of disease, and ongoing intervention on disease states.
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