The carrot-and-stick approach in the Medicare program, the Accountable Care Organizations (ACOs), has become one of the most talked about new ideas in Obamacare. Providers are entitled to receive more payments if they keep their patients healthy. According to an estimate, nearly four million beneficiaries now belong to an ACO and along with the private Read more…
ACO
Healthcare IT: Does it need more encouragement from the government?
The Federal government seems increasingly concerned about the cost of healthcare, which has been on the rise for the last fifteen years, when the Medicare and Medicaid programs were launched. In the 1970s, the Nixon administration decided that the healthcare system was in a crisis and needed sweeping changes. It expanded the number of Health Read more…
The Impact of Accountable Care Organizations on Healthcare
The Centers for Medicare and Medicaid Services (CMS) describe Accountable Care Organizations (ACOs) as groups of doctors, physicians, nurses, support staff, hospitals and healthcare centers that voluntarily work together to benefit Medicare patients. ACOs are formed to provide timely and quality healthcare services to people who are aged 65 and above, and who are suffering Read more…