Thursday, November 28, 2013
Friday, September 6, 2013
About Health Care Acronyms
The Health Care Industry is rapidly moving and changing, new or home brewed Acronyms are emerging rapidly.
EHR, HL7, MU, HITECH, EMR, IHE, NHIN, ONC, HHS, CDA,
Trying to keep up is challenging, especially when they change or
add to what has already being used.
A New Acronym ACO
Well, what is an ACO ?
ACO stands for, “accountable care organization,” which is a network of physicians and other health care providers that agree to share responsibility for the care of a group of individuals with the intent to preserve health and promote healthy living.
National Public Radio recently published an article titled, “Accountable Care Organizations, Explained,” that explores the proposed ACO model in light of health care reform discussions. The article quotes Harold Miller, president and CEO of the Network for Regional Healthcare Improvement and executive direct of the Center for Healthcare Quality & Payment Reform in Pittsburgh, who describes the ACO function as similar to manufacturing a television.
n the ACO model instead, the designated group of physicians are responsible for the quality, cost and overall care of a community. It would allow physicians and health system leaders to plan and budget health care expenses for the community, ultimately lowering overall costs as well as redundant patient testing. This model for care is particularly favorable for communities who rely heavily upon Medicare and Medicaid to fund health care.
The traditional fee-for-service system is considered as being unsustainable, which is why many health care leaders are embracing the ACO model of service.
From Consultancy to App for your Health Care Organization.
For Further Information on HL7 or ACO in Miami
Contact: Andrew Adams (305) 814-0205
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