Preview

Accountable Care Organizations

Best Essays
Open Document
Open Document
1545 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Accountable Care Organizations
Accountable Care Organizations and The National Healthcare System | :The Next generation of Healthcare in America |

|

Accountable Care Organizations and the National Healthcare System
The Next Generation of Healthcare in America
National healthcare has been a hot button issue around dinner tables in America for years. Everyone seems to have an option on what will or will not work, how our county will afford it and what a plan would entail. Although we are unsure of how a plan would affect the country or the average American. Whether one is for or against the current healthcare plans that have been put in place by our government, We can all agree that the need for a national healthcare system is due to rising healthcare cost, the rapidly rising rate of uninsured American in our county and the rising cost of the average insured healthcare premiums through their employer based healthcare coverage plan. Accountable Care Organizations Could be part of the answer to the healthcare puzzle ACO’s offer a several befits to help to help curb spending and over utilization of healthcare by setting accountability, quality, and Healthcare standards. No one can argue that the United States of America has a grave need for some type of national healthcare system one reason for this is the rapidly rising cost of health care. The rising cost of healthcare is due to several factors. The main causes are technology, prescription drugs, chronic diseases, aging populations, and rising administrative cost. The cost of technology and prescription drugs has sky rocketed over the last several years. Analysts agree that the rising demand for the development of technology driven services and prescription drugs whether they are more effective than previous technologies and drugs or not has a large direct effect on the total healthcare cost. Consumers are demanding availability of these more expensive technologies and drugs as they are developed, even if they are not as cost



Cited: Web. 15 Dec. 2011. . D, Altman, and L. Levitt. "The Sad History of Health Care Cost Containment As Told in One Chart." Health Affairs Web Exclusive (2003). Print. Calculation, Mr. Altman’s. "Insurance Premiums Still Rising Faster Than Inflation and Wages - NYTimes.com." The Business of Health Care - Prescriptions Blog - NYTimes.com. Web. 13 Apr. 2011. . "ACCOUNTABLE CARE NETWORKS TRANSITIONS for SMALL PRACTICES and COMMUNITY HOSPITALS." Pittsburgh Regional Health Initiative/Jewish Healthcare Foundation (2009). Print United States

You May Also Find These Documents Helpful

  • Powerful Essays

    The healthcare sector in the US has been in the spotlight for some time now regarding economic issues that intimidate to obstruct the entire system. This has led to an uproar particularly from the public that tends to feel the tweak the most and things keep on getting worse by each day. There is a emphasis on the over 46 million Americans who are uninsured, as well as the insured people, continue to wrestle with the problem of the ever increasing and the consequential out-of-pocket costs. The Obama Administration and the Congress are persistently engaged in ways that can subsidize health care spending, but they as well as other stakeholders need to transfer with speed in order to reinstate some bring the sector under control. In this paper I will discuss the most important and pressing economic issues that confront the United States healthcare industry today and will continue to do so into the next decade, analyze the most significant economic effects of the economic issues on healthcare industry, discuss entities stakeholders may use to address the selected issues from an economic perspective, determine the strategic manner in which the United States can apply best economic best practices from other countries in addressing these issues, assess the likelihood of government and or private sector effectively addressing the issues.…

    • 3134 Words
    • 8 Pages
    Powerful Essays
  • Best Essays

    With the enactment of the Patient Protection and Affordable Care Act (PPACA) in March 2010, health care reform has become the law. The legislation will extend health care coverage to more citizens, stabilize health insurance markets, enhance regulation and consumer protection, and improve the affordability and quality of health care in the United States. Changes in payment system of health care proposed by PPACA have led to the development of Accountable Care Organization (ACO). This paper will address how ACOs and the bundled payments system will impact the future of health care.…

    • 4617 Words
    • 15 Pages
    Best Essays
  • Powerful Essays

    Health Care Museum

    • 1262 Words
    • 5 Pages

    References: Austin, A., & Wetle, V. (2012). The United States health care system: Combining business, health, and delivery. (2nd ed.). Upper Saddle River, NJ: Pearson Education.…

    • 1262 Words
    • 5 Pages
    Powerful Essays
  • Better Essays

    The Cost Of Health Care

    • 2150 Words
    • 6 Pages

    Health care cost have been on the rise for some time. To find solutions to the problem of rising health care costs, we must look at what we have done in the past. We must look at the highlights of what worked and what did not to even begin to understand where to start our search to reduce the cost of health care in America. In the 1920s, the rising…

    • 2150 Words
    • 6 Pages
    Better Essays
  • Better Essays

    For some time now, Americans have been wanting to switch to a universal health care system. A healthcare system where all Americans will have access to the proper health care that is affordable and fits their needs. Some solutions that can be implemented are replacing for-profit insurance companies, reforming the health care system, and hiring insurance companies that have slow cost growths. These are excellent solutions because there are a substantial number of Americans who do not have health insurance and desperately need it. However, we should not put a national health care system into effect because our current health care system is in a corrupt state and has to be addressed before we can move forward.…

    • 1215 Words
    • 5 Pages
    Better Essays
  • Better Essays

    When we look at the history of health care economics we can clearly see that we have come a long way since that house call from the doctor to our ‘little house on the prairie’ days. We are no longer a small population of townspeople needing a teaspoon of medicine from the bottle, out of the doctor’s black bag, that seems to be a cure for almost any illness. We are now a nation of millions and we have numerous doctors, nurses, technicians and many other healthcare professionals to choose from. We have access to many health care services that provide us with many levels of care, and we have advanced in medical technology. These advances in health care have not come without their toll on the economy; the health care industry has become a trillion dollar empire. The reason for this is people value their health above most other things and are willing to spend their money to stay healthy.…

    • 1224 Words
    • 5 Pages
    Better Essays
  • Best Essays

    Accountable care organization is composed of a group of care providers, hospitals, and doctors who join up collaboratively together to provide high-quality care to the patients. The goal of an Accountable Care Organization is to ensure that they provide coordinated care to the patients ensuring that the chronically ill especially will get the right care at the right time while avoiding unnecessary services duplication as well as preventing medical errors. The rate of healthcare spending is expected to rise by 6 percent every year by the end of 2020 in the United States (Devore & Champion, 2011). By the period, the health care spending is expected to account for about a fifth of the country economy and the federal government will be expected to pay a greater share in financing the health care cost ever than before. In the recent days, there have been reforms in the Medicare federal programs changing the way the healthcare is paid for and organized. Recent rules have stipulated a new path for hospitals, doctors and other healthcare providers to form teams referred to as “Accountable Care Organizations” that are essential in saving money through coordination of medical care services for the patients. Under the reforms, the teams are expected to provide health care at a lower cost treating the patients for lesser money. The government has committed to rewarding such organizations financially if they meet the expected quality measures (Lieberman & Bertko, 2011).…

    • 1717 Words
    • 5 Pages
    Best Essays
  • Powerful Essays

    Rashford, M. (2007). A universal healthcare system: is it right for the United States?. Nursing…

    • 1358 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Even although, the cost of the health care system and the care it offers my not allow the national debt to decline to a level that will or would enhance the economy forward the cost of running a system that is backed by the government is too costly, and it will not help the deficit. , the legal responsibility of the organization is that every patron should have the same treatment for the same ailment. There are no predetermined dispositions; everyone is eligible as a government-backed facility. The funds are to assure those who have no insurance are covered. The accountable care organization needs to sustain a system of health care to the elderly and financially handicap; no one turned away from health care under this system of care. Including but not limited to the handicap and mentally disturbed and during the implementation of the ACA for the elderly, the system allowed all who need care to continue to have health care. All who live in America have the right and the ability to use the systems health care services for their benefit.…

    • 1221 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    The Patient Protection and Affordable Care Act also called the Affordable Care Act (ACA) was signed into law on March 23, 2010. It has been the source of many heated political debates and has been under scrutiny since its inception. Currently, 18 percent of our U.S. gross domestic product is spent on healthcare, that equals out to approximately 2.9 trillion dollars and we don’t have the quality care to show as the results. With the costs continually increasing and the lack of positive results, something has to change in our healthcare system. The Affordable Care Act is the cornerstone to help initiate these changes.…

    • 740 Words
    • 3 Pages
    Good Essays
  • Best Essays

    In the 1980s and 1990s Health Maintenance Organizations (HMOs) were the next big thing in the health care community. At the time, this form of health insurance was believed to be end all solution to high, and getting higher health care costs. The Government quickly started using HMOs and its different forms for their federally funded health insurance companies of Medicare and Medicaid. Thirty years have passed since the hay day of HMOs, and the U.S. Government has deemed that HMOs are just not working any more, the cost of health care continues raise, and we need to fix the problem. What is the solution? Accountable Care Organizations (ACOs)! To many people, these organizations are just HMOs with bright red lipstick, but nothing else has really changed. Let’s call it an HMO hybrid. This paper takes a closer look at ACOs, their history, track record, and views from leading authorities on their effectiveness. The paper will also give topics of consideration that all physicians should look into, before deciding if they should join an HMO with lipstick. I mean an ACO.…

    • 3935 Words
    • 113 Pages
    Best Essays
  • Satisfactory Essays

    It is common knowledge that the ACA has granted more Americans access to health care insurance. As discussed earlier, the increase in insured persons means more patients in the already burdened health care system. The up-front cost of providing care to nearly 16.4 million Americans will be great to health care providers and organizations. The ACA presented new concepts to health delivery that move away from the traditional fee-for-service payment model in hopes to increase quality of care, improve patient outcomes, reduce costs, and increase savings to providers and organizations. The Accountable Care Organization (ACO) is a model implemented by the ACA to allow economic incentives for organizations.…

    • 287 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Health Care Professionals

    • 1766 Words
    • 6 Pages

    The structure of the U.S heath care system is certainly a topic greatly debated. Whether it is discussing the cost of health care, poor outcomes, shortages in health care workers, underutilization of other health care workers, the lack of access to care, or growing demand by consumers for health care that offers choice, quality, convenience, affordability and personalized care. It is not a secret that the United States spends more money than any other nation on health care, but only ranks 34th in the world in life expectancy and has higher mortality rates in infants than any other nation that is developed.…

    • 1766 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Democratic Socialism

    • 807 Words
    • 4 Pages

    When the government needs to be structured to benefit its people with security and, freedom only one economic system comes to mind. Democratic socialism provides the stability of a command system with the opportunity and, the free consumer market of a market economy. This combination is most ideal for countries all around the planet.…

    • 807 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Section 3022 of the Affordable Care Act requires the Secretary to establish a shared saving program outlining, encouraging and guiding the development of Accountable Care Organizations (ACOs) in Medicare (CMS,HHS, 2011). Shared savings is a key component of Medicare reform and the ACO is a new concept that is being explored as a vehicle to bring shared savings from concept to practice. After the initial rules for ACO formation were proposed, the Department of Health and Human Services (HHS) received over 1,300 comments which they reviewed before issuing the final rule on October 20, 2011 (CMS,HHS, 2011). The intent of this paper is to outline the benefits and risks of forming an ACO, with particular focus on shared savings and shared losses.…

    • 3117 Words
    • 13 Pages
    Powerful Essays