Freed Associates

The Power of Partnerships: Why Accountable Care Organizations?

By Ally Evans

TOPIC: Accountable Care Organizations

Largely due to its fee-for-service model and a fragmented care delivery system that promotes waste and redundancy, the United States has the highest healthcare spending in the world while scoring among the lowest on key health indicators. The goal of ACOs is to shift the focus of healthcare from volume to value, as participating organizations agree to be financially accountable for the quality and cost of care. A rapidly growing proportion of healthcare organizations are participating in ACOs, which, if successful on a wide scale, promise to fundamentally alter the healthcare system in favor of high-quality care and responsible spending.