PROBLEM
Accountable care organization (ACO) is an effort that focuses on support for Medicare patients, to ensure that these patients, especially the chronically ill, receive the right care at the right time, while avoiding unnecessary duplication of services and preventing medical errors.
Hancock Regional Health has taken on the responsibility of becoming an ACO. Part of the ACO effort is to know and understand all the care their ACO patients receive, no matter where they receive it, so they can provide support to reduce preventable hospital readmissions, for example.
When an ACO succeeds in delivering high-quality care (as in reducing hospital readmissions) and spending health care dollars more wisely, it will share in the savings it achieves for the Medicare program.