Medicare, 27 ACOs Launch Shared Savings Program

Law360, New York (April 10, 2012, 6:02 PM EDT) -- Medicare launched a pilot program Tuesday that officials said would “fundamentally transform” the way Medicare pays for health care, naming 27 accountable care organizations as its first participants as antitrust regulators keep an eye on the program's implications for competition.

ACOs are groups of physicians, hospitals and other health care providers who work together to coordinate patient care, with the aim of providing better care and saving money, partly by preventing expensive illnesses and injuries.

In the Centers for Medicare and Medicaid Services' shared savings program,...
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