Reach of ACOs hits 31 million individuals

Share this article:

Accountable care organizations are already beginning to change the landscape of American healthcare, veteran observers say.

ACOs currently reached as many as 31 million Americans, according to a report from consulting firm Oliver Wyman. In “The ACO Surprise,” the group suggests that a combination of privately and government run ACOs have built a broader base than many may have thought.

“In a competitive market, when an ACO shows up, other competitors feel like they need to become ACOs as well,” said report co-author Richard Weil.

Long-term care providers have been keen to pair up with quality acute-care partners. The latter are seen as the gate-keepers to the funds.

Currently, 153 ACOs contract with Medicare. That number might double in January, said Richard Gilfillan, the head of the Center for Medicare & Medicaid Innovation.

When certain quality marks are reached by an ACO, involved providers will share any savings achieved. 

About $10 billion is available to the Innovation Center through fiscal 2019 due to funding under healthcare reform. 

Share this article:

More in News

House leader urges HHS to end settlements meant to cut Medicare backlog

The Department of Health and Human Services may not have had the authority to offer providers special settlements to help clear a huge backlog of Medicare appeals, a leading Congressman said in a recent letter to the agency. Rep. Kevin Brady (R-TX) is urging HHS ...

One-fifth of caregivers take 6 months or longer to choose a senior ...

A significant number of people take six months or longer to choose a senior care or housing option for a loved one, recently released survey results showed.

CMS releases updated Minimum Data Set manual

CMS releases updated Minimum Data Set manual

The Centers for Medicare & Medicaid Services released an updated version of the Minimum Data Set 3.0 Resident Assessment Instrument manual Friday.