WASHINGTON – The Department of Health and Human Services (HHS) has released regulations today on accountable care organizations (ACOs). The rules will guide provider organizations in setting up exchanges of healthcare data to improve care and reduce costs, as mandated under the Affordable Care Act.
The new regs can be found here.
"The industry is certainly anxiously awaiting this rule, as it is the most hyped since meaningful use, but could very well begin the redefinition of our nation’s healthcare system,” said Justin Barnes, vice president of marketing, corporate and government affairs at Greenway Medical.
[See also: New center to focus on ACO policy.]
HHS will host a call today on the new regulations, expected to be released prior to the call. The call will take place a noon EDT today and can be accessed by calling 800-475-8413 Code: HHS.
Accountable care organizations are pivotal to the federal government's plan to reduce healthcare costs and improve quality. Some providers, such as Intermountain Health in Utah, have been using an approach that's something similar to ACOs for years. Collaborations between doctors and other providers make care more uniform, based on the best outcomes. Often, this care is also the most cost-effective. Some have called ACOs the HMOs of today.
[See also: Payers, providers agree and disagree on ACOs.]
Wednesday afternoon, CMS Administrator Donald Berwick and other federal officials hosted a pre-regulation release call on the pending ACO rule. According to Barnes, who was on the call, Berwick said that ACOs will not simply be the status quo repackaged – and that this will not be a one-size-fits-all approach.
According to Barnes, Berwick said the rule would put patients and families at the center of care, make ACOs particularly sensitive to care transitions and promote innovative care.
Follow Diana Manos on Twitter @DManosHFN for more information on the new regulation and the call, and check back here for a story to follow.
This story was updated at 11:30 a.m., adding the link to regs.
