It’s clear that healthcare providers are increasingly recognizing and accepting that value-based payment is here to stay. The tremendous growth in Accountable Care Organization (ACO) arrangements is a testament to this fact.
When properly managed, ACOs present hospitals with the single greatest pathway to operational and financial success. Yet, some new ACOs have found that providing higher quality care and taking advantage of incentives from CMS are harder to achieve than initially expected. As a result, high hopes and the best of intentions can quickly turn into defeat.