Medicare accountable care organization initiatives to improve how the health system cares for patients.
The Centers of Medicare & Medicaid (CMS) announced that National Rural ACO 07 LLC was selected as one of nearly 150 renewing Medicare Shared Savings Program Accountable Care Organizations (ACOs). Iowa Specialty Hospital in Belmond and Clarion are members of this ACO.
Doctors, hospitals and health care providers establish ACOs in order to work together to provide higher-quality coordinated care to their patients, while helping to slow health care cost growth. National Rural ACO 07 LLC will be one of 434 ACOs participating in the Shared Savings Program as of January 1, 2016. Beneficiaries seeing health care providers in ACOs always have the freedom to choose doctors inside or outside of the ACO. ACOs receive a portion of the Medicare savings generated from lowering the growth in health care costs as long as they also meet standards for high quality care.