Accountable Care Organization Archive

Several EHR Vendors Relying On Healthcare Providers

As per recent reliable reports, Affordable Care Act (ACA) has provided for the establishment of Accountable Care Organizations or ACOs in order to decrease healthcare costs. Also, the ACOs have represented a new class of customer for EHR solution providers and medical transcription companies to make efficient use of electronic health care systems. However, some

CMS Introduces New Approach For ACOs

Recently, the Centers for Medical and Medicaid services, also known as CMS, announced the availability of a new approach for accountable Care Organizations that are involved in the Medicare Shared Savings Program. This will definitely help the medical billing solutions who are looking to improve their facilities. The advantage of such ACOs is that they

Annual Result For ACOs Highlights Mixed Results For Shared Savings

As per reliable sources close to healthcare sector, the Centre for Medicare and Medicaid services has released the annual result for ACOs or accountable care organizations in the Medicare’s Shared Savings program. This is the second ACO model and this program works along the same lines to the Pioneer program and medical billing and coding

Healthcare Organizations Need To Accept Accountable Care Arrangements

As per recent reports, major healthcare providers and healthcare IT companies have started to accept accountable care arrangements as an option to improve the healthcare facilities. Using these arrangements results in cutting down the overall cost involved as well as improving the patient care and thus, enhancing health management. Accountable care organizations or ACOs look

Healthcare Consumer Satisfaction Significantly Improves With Accountable Care Organizations

The growth of Accountable Care Organizations is, without doubt, one of the greatest changes that occurred in the past few years. Enhancing quality of care, mitigating healthcare costs, and improving healthcare consumer experience is something the Affordable Care Act is designed for. A recent study revealed that beneficiaries are happier with their care after a

The New Healthcare Requires Collaboration

Highly specialized medicine and increasing patient mobility have brought about an unprecedented interdependence in healthcare. Today’s patients are cared for by multiple specialists and any one doctor’s treatment will most certainly affect another’s domain.  For the very sake of patient safety, doctors across specialties are now expected, if not required, to share information about their

Accountable Care Organizations (ACO) – What You Need to Know About Setting Up an MSSP ACO

Accounting Care Organizations are required to submit the names of ACO participants. Examples of such participants include a group and solo practice, a pharmacy, an acute care hospital, a Critical Access hospital, a federally qualified health and a rural health center, and other such entities that are enrolled with Medicare and bill Medicare for services.

Considering an ACO? You Need to Start Planning Now

If you’ve read our blogs regarding Medicare’s new ACO model, perhaps you’re wondering how you can get started and how long the process will take. The below chart provides a general overview of what you can expect relative to the typical application process.   It’s important to note that the window for beginning the ACO

ACO’s, The Real Deal or Passing Fad?

We have all seen it over the years as the health care sector responds to the latest government initiative.  I wonder as the sector moves toward the ACO model, will it be with us long term?  When you look at what is happening with acquisitions of physician practices it does make me also wonder if

ACO + Healthcare IT EHRs = Increase in Software Innovation

ACOs lower the cost of healthcare by merging healthcare services and streamlining the process for patients to receive medical attention. Many ACOs use Healthcare IT EHRs to improve on this process by providing automated systems that can maintain the work load of a typical provider and allow different providers easier access to a patient’s medical