Accountable Care Organization Archive
26 Mar 2015
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 healthcare systems. However, some physicians
23 Mar 2015
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
23 Mar 2015
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
02 Jan 2015
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
11 Dec 2014
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
06 Dec 2012
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
19 Nov 2012
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.
09 Nov 2012
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 application
06 Nov 2012
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
31 Oct 2012
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
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