What Are the Benefits of Joining an ACO?

benefits of joining an aco accountable care organization

As value-based care gains popularity in the U.S. there are now hundreds of Accountable Care Organizations (ACOs) with millions of beneficiaries. In 2017, more than 900 public and private ACOs were active in the U.S. – and that number is expected to grow.

In addition providing better healthcare at a lower cost, here are some of the benefits of joining an ACO.

Patient Perks

When a patient sees providers associated with an ACO, navigating the healthcare system becomes simpler.  The primary care physician (PCP) becomes a patient’s “home base” and all medical care (from hospital stays to specialist visits and procedures) are coordinated through the PCP.

Patient benefits from this PCP-centered collaborative model include:

  • Continuity of care
  • Prevention of medical errors
  • Prevention  unnecessary hospital visits and procedures
  • Reduced duplication of services

Med3000’s has ACO clients who have seen reduced ER visits for their patients and increased satisfaction among patients.

Physician Perks

ACOs take the focus away from a fee-for-service model, empowering physicians to practice individualized, patient-centered medicine.  In addition to cost savings, joining an ACO can provide benefits to improve practice efficiency and morale.

Physician perks from participating in an ACO include:

  • Improved patient outcomes
  • Cost savings
  • Reimbursements
  • Coordinated patient care
  • Data sharing
  • Support
    • An outstanding ACO provider will become a valuable resource for a medical practice, offering tools, education, coaching and other resources.
  • Improved efficiency

Med3000 connects our clients with ACO provider Aledade, as they share our physicians-first philosophy.  Aledade provides an ACO experience that helps physicians remain independent, provide outstanding service, and thrive financially.  

If you’re considering an ACO, contact our team today to learn more!