Accountable Care Organization
Welcome to the Accountable Care Organization
The Hackensack Alliance Accountable Care Organization (ACO) was established to participate in the Medicare Shared Savings Program (MSSP), which is designed to reduce the growth in Medicare expenditures through the development of a patient centered care model that focuses on providing high quality services and medical care.
What is an Accountable Care Organization?
An Accountable Care Organization (ACO) is a group of health care providers who participate together to share the responsibility for the clinical and financial outcomes experienced by their Medicare Fee-for-Service patients. Under traditional Medicare Fee-for-Service, providers get paid for treatments that they provide, and are not responsible for the care that is provided by others, nor for the value that results from the dollars that are spent on treatment. The ACO model is intended to change that, by making the group as a whole responsible for the health of the Medicare Fee-for-Service patient and rewarding the group for the outcomes that their patient’s experience.