Southampton A.C.O. Announces the Benefits of Joining an Accountable Care Organization
Southampton, NY (PRWEB) April 30, 2014 -- Southampton A.C.O. announces the benefits of joining an accountable care organization. As many healthcare professionals and facilities adapt to this new pragmatic approach, Southampton A.C.O. allows its member to structure the organization and develop principles the members will follow.
“The accepted condition for ACO formation is that no two ACO’s are the same. Therefore, as a doctor, you and your colleagues will decide on the structure and selection of principles that will make Southampton ACO unique. Private insurance companies and public institutional payers encourage innovation and both are ready to strike a balance between what doctors would like to change and what they see as the necessary prerequisite for the new pragmatic approach,” stated Lee Ropiak, Project Manager for Southampton A.C.O.
Ropiak continues to describe accountable care organizations as a private-public hybrid healthcare organization. Often looked at as a government program, an A.C.O. is part of the Shared Savings Program which falls under the Affordable Care Act (ACA). However, the two initiatives, A.C.Os and Share Savings Program were created over 10 years ago in the private sector only recently to be adopted by the Department of Health and Human Services to help implement ACA. Therefore, it is a private-public hybrid solution to the high cost of healthcare.
Southampton ACO looks to organize a group of healthcare professionals who are interested in enhancing the quality of care, improving patient satisfaction and controlling the growth in healthcare cost. Added benefits of joining an accountable care organization are as follows:
1.Provide high quality and efficient care: Doctors are able to keep electronic medical records for review and the follow up process. Healthcare professionals also have the ability to adopt easy quality measures in four domains; patient/caregiver experience, care coordination and patient safety, preventive health and caring for at-risk populations. Joining an A.C.O. may even reduce the risk of malpractice liability.
2. Ensure the integrity of a doctor’s practice: The management of an A.C.O. fosters professional, private doctor and patient experience. Also ensures providing timely, transparent and responsible distribution of shares of savings and reimbursements.
3. Streamline Healthcare: By forming an A.C.O., the organization learns to understand its immediate population. The organization can eliminate the need for pre-approval and the specter of suspicion regarding conflict of interest. Accountable care organizations can also make the non-self-referral “Stark” rules non applicable by demonstrating a value based outcome oriented approach.
4. Reduce Cost: For patients, going to doctors who belong to an A.C.O. it prevents them from being stuck with large bills because of a billing error or pre-approval confusion. Patients can also receive medical attention when they need it. For example, a patient could be waiting for an eye exam but also receive a flu vaccination because your etymologist read the patient’s most recent electronic medical record and saw he or she needed one.
For more information about Southampton A. C. O. please visit http://www.southamptonaco.com or feel free to contact by email: ask(at)SouthamptonACO(dot)com or phone: (631)328-2644
About Southampton A.C.O
Established in 2013, Southampton A.C.O was formed under section 3022 of the Center for Medicare and Medicaid rule. The organization will allow local primary care physicians and specialists delivering primary care services to file additional claims for shared savings. ACOs will work to reduce health care professional and patient frustration and disconnected care. It will allow for doctor’s visits to streamline as it will ease access of information and previous medical history. For more information please visit: southamptonaco.com.
Lee Ropiak, Infinity Medical Equipment Services, +1 (212) 860-7160 Ext: 1, [email protected]
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