accountable care organizations
Accountable Care Organizations (ACOs) are groups of healthcare providers, such as doctors and hospitals, that come together to deliver coordinated care to patients. Their goal is to improve patient outcomes while reducing healthcare costs. ACOs focus on preventive care and managing chronic conditions, ensuring that patients receive the right care at the right time.
By working collaboratively, ACOs aim to minimize unnecessary tests and procedures, which can lead to better health and lower expenses. If ACOs successfully meet specific quality and cost targets, they can share in the savings generated, creating an incentive to provide high-quality care.