What does the acronym ACO stand for?

The acronym ACO stands for Accountable Care Organization. This term refers to a group of doctors, hospitals, and other healthcare providers who come together to provide coordinated high-quality care to their patients. The goal of an ACO is to ensure that patients receive the right care at the right time while avoiding unnecessary duplication of services and preventing medical errors.

In the context of healthcare reform, ACOs aim to improve patient outcomes while reducing costs. They are incentivized to provide value-based care, which focuses on the quality of care delivered rather than the volume of services provided. By working collaboratively, ACOs can better manage patient populations, improve the quality of care, and ultimately enhance patient experiences within the healthcare system.

Other options do not accurately represent the concept of ACOs in the healthcare landscape. Active Care Overview, Aging Care Option, and Advanced Care Order do not match the established definition or framework associated with ACOs. Understanding ACOs is crucial for those involved in healthcare access and administration, as they play a significant role in the ongoing evolution of healthcare delivery models.