Dr. Colin Cooke Discusses the Affordable Care Act's Impact on Patient Outcomes
"I think probably most importantly, the Affordable Care Act (ACA) seeks to expand insurance coverage for a large population of people," said Colin Cooke, MD, MSc, Assistant Professor of Medicine, University of Michigan, Ann Arbor, MI. Dr Cooke also discusses the importance of accountable care organizations (ACOs) in regard to the ACA. Groups will be responsible for the cost of care for their patient population as well as the quality of care. Dr Cooke states that the success of accountable care is dependent upon patients no longer being limited to their choice of provider. He says that the quality of care will improve now that there is accountability for measuring quality.
This video was taken on May 19, 2013, at the ATS 2013 International Conference in Philadelphia, PA.
Panelists discussed the price of pharmaceuticals and controlling the cost of care at the 64th Annual Roy A. Bowers Pharmaceutical Conference: A Measured Approach—Health Care Delivery and Transformation in a Metric Driven World, held by Rutgers University.
From the youngest patients to the oldest, the Affordable Care Act’s promise that care will be provided despite pre-existing conditions is bumping against the challenge of keeping costs in check. From around the country come reports of pushback, which evoke the 1990s stories of managed care’s debut: limited choice.
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bioTheranostics, Inc’s Breast Cancer Index, a genomic test quantifying the risk of breast cancer recurrence and predicting which patients will likely benefit from extended endocrine therapy, will be covered by Medicare.