More than 400 accountable care organizations (ACOs) exist across the country, and physician groups have overtaken hospitals as the largest backers of ACOs.
More than 400 accountable care organizations (ACOs) exist across the country, and physician groups have overtaken hospitals as the largest backers of ACOs.
The Heritage Provider Network formed one of the largest physician-led pioneer ACOs in 2012. The Pioneer ACO Model was designed for more advanced providers who wanted a greater return for helping reducing Medicare spending, but in return would face penalties for having expenditures rise too much under their watch.
When initial results regarding pioneer ACOs were released last summer, Heritage was one of 13 organizations to have generated enough savings to make it eligible to share the savings with the Medicare program.
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Source: MedPage Today
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