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Accountable Care Organization

ah-KOWN-tah-bul kair or-gah-nih-ZAY-shun

/əˈkaʊntəbəl kɛər ˌɔːrɡənɪˈzeɪʃən/

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Syllable breakdown

accountablecareorganization

Dictionary meaning

A network of doctors, hospitals, and other health care providers that voluntarily comes together to provide coordinated high-quality care to Medicare patients, sharing in savings if costs are held below a benchmark

History and origin

Created under the Affordable Care Act (ACA) of 2010 in the United States; abbreviated ACO

Examples

  • Medicare ACOs have demonstrated modest but meaningful reductions in spending and improvements in preventive care.
  • Joining an ACO requires significant investment in health information technology and care coordination infrastructure.

Synonyms: ACO, integrated care network

Pronunciation tips

Abbreviation 'ACO' is widely used; say each letter: 'A-C-O'

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