News Headlines Article

Health care looks to ACOs to cut costs
Sacramento Business Journal

Add another acronym to the alphabet soup in health care: ACO. Accountable care organizations aren’t health plans like health maintenance organizations or preferred provider organizations that impose requirements on where consumers can go for care. ACOs aren’t even health plans. They generally reflect agreement among providers — or providers and health plans — to deliver accountable care to patients and cut costs by a certain amount. If they don’t, they share the tab. If there’s money left over, they share the pot.