Two new accountable care organizations are taking root in Connecticut as part of a national effort to better coordinate and improve the quality of care, and reduce health care costs.
The U.S. Department of Health and Human Services (HHS) has unveiled a list of 89 new Accountable Care Organizations (ACOs) that have begun serving 1.2 million people with Medicare in 40 states and Washington, D.C.
ACOs are organizations formed by groups of doctors and other health care providers that have agreed to work together to coordinate care for people with Medicare.
The 89 new ACOs have entered into agreements with the Center of Medicaid Services to take responsibility for the quality of care they provide to people with Medicare in return for the opportunity to share in savings realized through high-quality, well-coordinated care.
In Connecticut, Middletown's MPS ACO Physicians, LLC and PriMed LLC of Shelton have both signed on to take part in the project. MPS ACO Physicians has 38 physicians on staff, while PriMed has 116 doctors.
Participation in an ACO is voluntary for providers. The Medicare Shared Savings Program (MSSP), and other initiatives related to ACOs, is made possible by the 2010 Affordable Care Act. Federal savings from this initiative could be up to $940 million over four years.
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