Your Future and ACOs
March 31st, 2011
The proposed ACO guidelines were issued today. They remain extremely vague not even defining who will be in charge of administering the health care dollar in ACOs. The guidelines do say that payments will continue under a fee for service paradigm. However, there will be bonuses issued to providers for improving quality and decreasing cost.
In a related story, the Federal Trade Commission has issued a statement saying that EVERY ACO will fall under FTC scrutiny for antitrust violations. The FTC does say it is committed to assist in anything that will help lower the cost of healthcare; but also refers to the number of studies that show that ACOs will drive the cost of healthcare up not down.
A very good article may be found at: http://www.kaiserhealthnews.org/stories/2011/january/13/aco-accountable-care-organization-faq.aspx?referrer=search
The HHS statement may be found at: http://www.hhs.gov/news/press/2011pres/03/20110331a.html
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