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By Staff Reporters
DEFINITION: An accountable care organization (ACO) is a group of doctors, hospitals, and other health care providers that work together on your care. Their goal is to give you — and other people on Medicare — better, more coordinated treatment. The largest effort in payment innovation in Medicare is a portfolio of accountable care organization (ACO) programs that include the Medicare Shared Savings Program (MSSP), the Next Generation model, and Comprehensive End Stage Renal Disease model. But drawbacks include limited choice as some patients will have trouble finding doctors outside of a specific group. The shortage of options could lead to higher patient costs. And, referral restrictions as ACOs provide doctors incentives to refer to specialists within the group.
CITE: https://www.r2library.com/Resource/Title/082610254
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In a recent survey from AKASA healthcare finance leaders ranked the biggest challenges in recruiting and retention within the revenue cycle as healthcare organizations navigate significant staffing gaps across the board.
Great Resignation: https://medicalexecutivepost.com/2022/03/08/healthcare-industry-hit-with-the-great-resignation-retirement/
• #1: Competitive market for talent (71%)
• #2: Vaccine mandates (42%)
• #3: Employee burnout (41%)
• #4: Rapid employee turnover (40%)
• #5: Limitations to offer remote work (23%)
Source: AKASA via PR Newswire, February 23, 2022
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BUSINESS of MEDICINE: https://www.amazon.com/Business-Medical-Practice-Transformational-Doctors/dp/0826105750/ref=sr_1_9?ie=UTF8&qid=1448163039&sr=8-9&keywords=david+marcinko
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Filed under: "Doctors Only", Accounting, Career Development, Ethics, Health Economics, Health Insurance, Healthcare Finance | Tagged: Accountable Care Organizations, ACO, ACOs, AKASA, great resignation, MCOL, PR Newswire |
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ACOs
https://www.healthcare-brew.com/stories/2022/12/22/the-move-to-acos
Sheila
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