An accredited care organization or ACO is a network of doctors, hospitals and rehab/skilled care locations that share financial and medical responsibility. By coordinating care to patients, ACOs are able to illuminate or reduce unnecessary spending.
In Medicare’s traditional fee-for-service payment system, doctors and hospitals generally are paid for each test and procedure which drives up costs.
ACOs create an efficiency incentive. Specific quality benchmarks help ACOs focus on prevention and carefully managing patients with chronic diseases.
Certain ACO physician networks and hospitals are able to send Medicare beneficiaries to a ACO rehab/skilled care location without a prior hospital stay.
To help them live in their own homes as long as possible, Northwood Retirement Community encourages seniors to live a healthy lifestyle and seek appropriate rehab services to build and maintain strength. We care about the seniors in our area and stand by our mission that “In Christ’s Love, Everyone Is Someone.”
Call your physician or Northwood Retirement Community today and learn if you are eligible for ACO benefits. Find out more at medicare.gov.