Achieving Higher Quality Healthcare at Lower Costs: Efficacy and Unintended Consequences of Accountable Care Organization
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Accountable Care Organizations (ACOs) are groups of healthcare organizations that agree to assume joint responsibility for the quality and costs of care for a defined patient population. - 1,000 (or 20%) of US hospitals participating. - 28 million beneficiaries. - Expected to reach 105 million persons in 2020. - Start-up and operating costs: $11.6 million - $26.1 million.