Accountable Care Organizations (ACOs) are the keystone of the Obamacare efforts to improve quality and control costs.
After considerable initial enthusiasm providers have cooled on the ACO concept, especially as envisioned by the Center for Medicare and Medicaid Innovations. Why? Apparently.....
* ACOs are very difficult to organize and assemble
* ACOs are very difficult to operate and manage
* ACOs are unlikely to provide gain sharing dollars higher than new administrative costs
So is there good news? Yes.
Providers appear to be picking various components of the ACO concept and creating new and innovative models for improving care and containing costs.
It is way too early to declare a trend or to make definitive statements, but it appears providers are creating Innovative Projects With ACO Characteristics, or IPWACOCs.