David Harlow presents an interesting webinar on the Affordable Care Act’s implementation of Accountable Care Organizations and the Medicare Shared Savings Program. He states, “ACOs exist in the commercial insurance world as well, as part of the broader trend towards value-based payment.” Just click on the link at the top of this post to listen to this informative webinar.
In a recent article from mHealth News, ACOs are reaping mHealth benefits. The 13-hospital Franciscan Alliance Accountable Care Organization, has achieved a “5 percent readmission rate (the national average for a Medicare population is 20 percent), medication reconciliation rates above 40 percent, and a patient retention rate of 95 percent.”
In an article by Debbie Hacker and Karen Walker in the American Journal of Public Health on ACOs, they state, “Coordinated care helps ensure that patients, especially the chronically ill, get the right care at the right time, with the goal of avoiding unnecessary duplication of services and preventing medical errors. When an ACO succeeds in both delivering high-quality care and spending health care dollars more wisely, it will share in the savings it achieves for the Medicare program.”
For more information, please watch the video sessions below for better understanding of The Role of Informatics in Accoountable Care.”