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Looking For Answers to Your ACO Questions?
Discover the AAFP's Newly Posted FAQ on ACOs
By News Staff
According to the AAFP document, "An ACO is a group of health care providers who agree to take on a shared responsibility for the care of a defined population of patients while assuring active management of both the quality and cost of that care."
The FAQ document also provides more than two dozen answers to questions such as:
- How do you get paid in an ACO?
- What is shared savings, and how will the savings be distributed to providers?
- What is risk adjustment in the context of an ACO?
- How is efficiency measured?
- What should you consider if approached to sell your practice?
- Are ACOs just a passing fad, or are they here to stay?
- What actions should you take immediately?
Bruce Bagley, M.D., the AAFP's medical director of quality improvement, was the primary author of the FAQ document. "We created the FAQ because there is a tremendous amount of confusion, fear and misunderstanding about ACOs," said Bagley. "The idea was to create simple answers to everyday questions."
According to Bagley, the answers in the FAQ are not in-depth, "but they should go a long way toward helping physicians understand the basic issues surrounding ACOs."
In other ACO news, the Academy has posted an archived version of an ACO webinar it held on June 22.
The "Accountable Care Organizations and You: How ACOs Affect Your Practice" webinar was moderated by Bagley and Terry McGeeney, M.D., M.B.A., president and CEO of TransforMED.
AAFP members have free access to all of the Academy's ACO resources.