May 12, 2011 — An association representing the nation's largest multispecialty medical groups is telling the Obama administration to simplify proposed rules for accountable care organizations (ACOs) if it expects physicians to sign up for them.
Created by the new healthcare reform law, ACOs bring together physicians, hospitals, and other providers in various combinations for the purpose of coordinating the care of Medicare patients who otherwise might fall through the clinical cracks and run up a higher bill as a result. Beginning in 2012, ACOs can share in any savings they produce for Medicare, provided they also meet certain quality-of-care standards. The bonus would come on top of their usual fee-for-service revenue.
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