Presented by: Milestones and Deadlines Consolidation has already started as healthcare providers prepare to participate in a new model for care.


A lot of our clients are ramping up to deal with that change, and that has a definite impact on them and us. Bradley Cox, Lexington Insurance Company


The Act sets January 1, 2012, as the launch date for a Medicare shared savings program that promotes a new way of delivering and paying for healthcare. Under the Act, accountable care organizations (ACOs) – a type of integrated network of healthcare providers – will receive financial incentives for providing fee-for-service Medicare recipients with higher quality care at lower cost.


Many healthcare providers are consolidating in anticipation of that date. To participate in this program, ACOs will need to redesign care processes and have systems for sharing electronic medical records and reporting patient outcomes. While general guidelines have been issued for ACOs, concrete regulations have not yet been issued. But that hasn’t stopped healthcare providers from moving forward to change their business model in response to this opportunity.


Copyright © 2011 by A.M. Best Company, Inc. All rights reserved. No part of this report may be reproduced, stored in a retrieval system or transmitted in any form or by any means; electronic, mechanical, photocopying, recording or otherwise.


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