05 Apr Announcing the Florida Association of Accountable Care Organizations (FLAACOs)
Accountable Care Organizations in Florida have joined together to form the Florida Association of ACOs (FLAACOs). With more than a dozen ACOs in Florida up and running, FLAACOs’ mission is for members to collaborate to ensure that each organization grows and thrives. The newly formed association is aligning goals to shift physician incentives and improve health-care outcomes across the state.
The Accountable Care approach to health-care delivery is varied but the overall aim is to provide financial incentives for coordinating and holistically managing care. After years of national debate and industry conferences targeting fundamental change, ACOs are gaining momentum across the nation and the state of Florida.
The Centers for Medicare & Medicaid Services have paved the way for ACOs with the Medicare Shared Savings Program (MSSP). In only three months since January’s third wave of MSSP- approved ACOs were announced, physician-focused and patient-centered groups from Tallahassee to Miami have begun building infrastructures with new technology and staff. This program will help Medicare beneficiaries with chronic illnesses benefit from ACO care coordination efforts – less duplication of services and greater attention to medication and treatment plans – and hospital administrators in Florida are also eyeing the ACO goal of reduced readmission rates.