WILL ACCOUNTABLE CARE ORGANIZATIONS BE ABLE TO REIN IN HEALTHCARE COSTS? ELIZABETH TRACEY REPORTS
Accountable care organizations or ACOs are the newest kid on the block when it comes to models of healthcare delivery, and changes are good that you’ll interact with one sometime soon. Redonda Miller, an internal medicine expert at Johns Hopkins, says the ACO model does account for an increasing number of physicians working directly for hospitals.
MILLER: It does play into the fact that we’re seeing a trend for more physicians opting for hospital employment, that is clear. Whether academic medical centers or community hospitals, the trend is obvious so if you envision an accountable care organization to include both hospitals and providers then this might be the first step in the pathway we’re already seeing to controlling costs. Both sides have their incentives aligned. :26
If both physicians and hospitals are vested in controlling costs through better patient management it could help all concerned. At Johns Hopkins, I’m Elizabeth Tracey.