Blog ACOs Are the Latest Assault on Private Medical Practice Share This Post Healthcare ACOs Are the Latest Assault on Private Medical Practice By redkudzu_admin on February 17th 2015 No Comments / 188 views In a critique of Accountable Care Organizations (ACOs) last October I wrote: “Now comes news that three more of the original groups will jump ship, leaving only 19 of the original 32 still on board. A nearly 50 percent attrition rate should be seen as a death knell for the concept, as these were likely the best of the best, and the inducements most generous. Reasonable people would head back to the drawing board. But we are dealing with government bureaucrats, health policy wonks, and administrators. They will damn the torpedoes and push on at flank speed.” And, as predicted, that is exactly what is happening. Amid fanfare, the Secretary of HHS Sylvia Mathews Burwell recently announced plans to move 50 percent of Medicare spending into ACOs and other forms of “payment for value.” This initiative is being pushed through by special interests that expect to benefit. Patients and practicing physicians, the people most affected, are simply not represented. Reporting from the Wall Street Journal suggests who will benefit from this approach: “The secretary on Monday was flanked by top insurance industry, health system, medical association and consumer-group executives as she announced a goal that she described as historic.” Read more… Leave a Reply Cancel ReplyYou must be logged in to post a comment. Login with: Continue with Facebook Continue with Google Continue with Twitter Share This Post redkudzu_admin The goal of this site is to give information. Whether from national sites or locally in Georgia. Related Articles ‘Hoot’ of the day! April 13th 2019 Protests May Have Spread Coronavirus, Some Cities Say July 18th 2020 Hydroxychloroquine rated ‘most effective’ coronavirus treatment, poll of doctors finds May 12th 2020