U.s. Department Of Health And Human Services

1003 Words5 Pages
As you are well aware of, how patient care is delivered is ever-changing in the healthcare world in which we live in. Since the passing of the Affordable Care Act or “Obamacare” in March of 2010 the world of healthcare that we know has drastically changed. In 2011 the U.S. Department of Health and Human Services (HHS) developed new rules under “Obamacare”, aimed at helping doctors, hospitals and other provider’s better coordinate care by implementing Accountable Care Organizations, or ACOs Leavitt Partners has been actively tracking ACOs since 2010 and the number of current ACO’s in the United States as of January 2015 is 744. According to the Leavitt Partners survey, over 23.5 million people are being covered under one of the ACO models (Health Affairs Blog, 2015). According to these statistics and growing number of hospitals participating in ACOs, where is does your hospitals potential financial performance stand if it were to become part of an Accountable Care Organization (ACO)? I am aware that there is many components to this process and transitioning to this style of patient care may be quite challenging. The primary six guidelines to creating a successful ACO is only the groundwork or blueprint to base organizations on, which most hospitals are expected to adhere by whether they are part of an ACO or not. These six guidelines tie in two major aspects of an organizations financial profile in terms of market characteristics and competitive pressures. Some of
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