Business Finance
University of Phoenix Week 3 Accountable Care Organization Executive Summary

University of Phoenix

Question Description

Help me study for my Management class. I’m stuck and don’t understand.

Assignment Content

  1. Urban and rural health care organizations throughout the industry are working together to coordinate care for Medicare patients. Accountable Care Organization (ACO) programs were established by the Centers for Medicare & Medicaid Services to help facilitate this cooperation. Select a type of health care organization that would accept Medicare patients (e.g., family practice, hospital, urgent care, or nursing home). Write a 1,000 to 1,200-word executive summary that discusses the purpose of joining an ACO and the funding available through one. Ensure your summary does the following:
    • Describe the organization you selected and the general services that would be offered to Medicare patients.
    • Describe the types of ACOs recognized by the Centers for Medicare & Medicaid Services. Naming the types is not adequate. You must describe and give examples.
    • Evaluate industry dynamics that would influence your organization’s decision to participate in an ACO.
    • Identify the steps needed to participate in an ACO.
    • Justify participation in an ACO for your organization.
    Cite 3 reputable references to support your assignment (e.g., trade or industry publications, government or agency websites, scholarly works, or other sources of similar quality).
    BE SURE TO ADDRESS ALL OF THE ASSIGNMENT'S ELEMENTS. Format your assignment according to APA guidelines.
    Submit your assignment. For additional help, check out the ULTRA: Access your assignments page.

    Copyright 2018 by University of Phoenix. All rights reserved.

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Final Answer

Attached.

Running head: EXECUTIVE SUMMARY OF ACO

Executive Summary of ACO
Student’s Name
Institutional Affiliation

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EXECUTIVE SUMMARY OF ACO

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Executive Summary of ACO
ACO refers to the group of healthcare facilities, pysicians, who gladly come partner to
offer organized, exemplary attention to the Medicare patients (Barnes, Unruh, Chukmaitov, &
van Ginneken, 2014). The ACOs are enterprises, which presume the medical accountability and
financial obligation for the health care offered to a stipulated patient populance. The purpose of
joining ACO includes having coordinated care, thereby ascertaining high-quality healthcare,
effective spending of healthcare dollars, ensuring the patient receives care at the appropriate time
and mitigating cases of service duplication and medical errors.
Description of the Selected Organization
Huntsville Hospital is a 971-bed healthcare facility, which acts as a regional referral
center for Southen Tennessee and North Alabama. The organization is directed and governed by
Huntsville’s Health Care Authority, and it is the second-biggest healthcare facility in Alabama.
Notably, the organization has expanded its healthcare services throughout the region with the
establishment of the Huntsville Hospital Health System that encompasses facilities in Madison,
Huntsville, Boaz, Moulton, Decatur, Athens, and Red Bay (Huntsville Hospital, 2014). Some of
the general services offered to Medicare patients include pharmaceutical services for certain
drugs, oncology services like coagulation disorders, orthopedics, medical services like bronchitis
and asthma, neurosciences services like spinal procedures, behavioral health, such as depressive
neurosis, cardiovascular services like hypertension, surgical services like minor bladder
procedures, and women and infants services like cesarean, vaginal delivery, and pelvic
evisceration, among others.

EXECUTIVE SUMMARY OF ACO

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Medicare/Medicaid ACOs
Barnes et al. (2014) provide the diverse kinds of ACOs recognized by the Centers for
Medicare & Medicaid Services. Such services include the Medicare Shared Savings Program
(MSSP), ACO Investment Model, Next Generation ACO, and Vermont All-payer ACO.
McWilliams, Hatfield, Landon, Hamed, and Chernew (2018) state that the Shared Savings
Program focuses on attaining enhanced health for people, improving the population healthcare,
and reducing the growing costs of care. The program provides healthcare providers and
suppliers, such as hospitals, clinicians, and other patient care, a chance to establish an ACO (The
Centers for Medicare & Medicaid Services, 2020). Hence, the A...

ephykam (9378)
UT Austin

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