Until recently, it's been unclear whether accountable care organizations can live up to the hype or are just a passing healthcare reform fad.
Some people used to say that accountable care organizations (ACOs) are like unicorns—they sound amazing but nobody has seen one in real life. However, with hundreds of ACOs now sprouting up in an array of shapes and sizes in Medicare, Medicaid, and the commercial sector, this saying has finally been put to rest.
Still, until recently, it’s been unclear whether ACOs can live up to the hype or are just a passing healthcare reform fad. Although the results are preliminary, the experiences of Medicaid ACO programs in Colorado, Minnesota, and Oregon show that this model of coordinating care—and then sharing in the resulting savings with payers—holds real promise.
Read more at The Commonwealth Fund: http://bit.ly/1B8PYeA