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All Posts Tagged: Obamacare

Are Accountable Care Organizations, ACOs, the Business Model for Healthcare of the Future?

ACO—that’s the latest acronym to add to the growing list of health-related terms that you need to know. ACO stands for Accountable Care Organization, a payment and care delivery model that links provider reimbursements to quality metrics and reductions in the total cost of care for a specific population of Medicare Fee-for-Service patients. This new term is really new: it was first used in 2006 during a public meeting of MPAC—that is, the Medicare Payment Advisory Commission. In 2009, it was included in the PPACA—that is, the Medicare Fee-for-Service patients Protection and Affordable Care Act, sometimes called “Obamacare.”

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