The Importance of the Accountable Care Organizations (ACOs)

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The Importance of the Accountable Care Organizations (ACOs)

The importance of ACOs or Accountable Care organizations lies in the fact that they offer
organized and coordinated health care services which at the same time is both cost effective
and of high quality. However it is difficult to achieve perfection through ACOs services unless
the system structure is well planned and the plan well executed.
According to experts all Accountable Care Organizations should be supervised by experienced
medical practitioner and should be primarily focused on enhancing care quality for patients. At
present there are various private health care centres under reputed physicians which functions
as ACOs. The reason behind the growth of such health centres is payment incentives which
have been designed to curtail medical expenses and to help build a favorable mechanism to
gain access in American healthcare industry.
There has been a great debate amongst medical researchers over the matter as to whether
ACOs are effective system in an economy like America or not. According to a report issued by
the commonwealth fund about 54 % of medical supervisors vote that Accountable Care
Organization is an effective model that proficiently caters to health care problem across over
populated American states. The congressional budget firm calculated that Accountable care
organizations which have been modeled on Shared Savings Scheme can actually save federal
government's treasury upto Five Billion Dollars (2011 to 2019)
The concept of Accountable care organization as conceived by the government has been
developed to cover areas that lie within the reach of medical insurances. People who have filed
forms of insurance whether with public or private insurers can take advantage of facilities
provided by ACOs. The benefit that an individual can reap by paying for ACOs is to consult
expert physicians regarding health care know-how and treatment. Part from this the patient
will also have the assurity that the health care services provided are of best quality and within
the individual's budget.
The Accountable Care Organization program has many sub clauses explaining legal disclaimer,
governance issues, conditions of partnering with healthcare centers, risk management,
employment agreements and more. It is important that service seekers first understand the
complication of the process and then decide upon whether they want to take on insurance
cover for ACOs or not. For this matter consulting with a practiced insurer, one who is
knowledgeable enough to explain ACOs system is a better option.


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