Wednesday, Sept. 19, 2012
This Week's News
This Week's News
Study, conference provide insight into ACO implementation and savings
New data is shedding light on the financial savings that can be achieved through such shared-savings arrangements as accountable care organizations (ACO).
The promise of financial savings has materialized most clearly in accountable care for low income patients who qualify for both Medicare and Medicaid, according to a study published in the Sept. 12 issue of the Journal of the American Medical Association. For participants in the Medicare Physician Group Practice Demonstration, a precursor of Medicare shared-savings ACOs, an average of $532 was saved per dually eligible beneficiary.
Physicians can learn the latest insights about implementing and operating ACOs by attending the National ACO Congress Oct. 30–Nov. 1. Co-sponsored by the AMA, the conference will feature experts with hands-on experience in the development and operation of ACOs. Jay Crosson, MD, AMA vice president of professional satisfaction—care delivery and payment, will present a keynote address titled “Physician culture: The key to long-term ACO success.”
The conference offers two options for participants: in-person attendance at the Beverly Hilton Hotel in Los Angeles or virtual attendance, which is available live and at any time up to six months after the conference.
AMA members get a discounted registration rate of $995, saving as much as $800. Simply use the discount code "AMA" during advance registration.
As part of its new strategic direction, the AMA is committed to enhancing professional satisfaction and practice sustainability by shaping new delivery and payment models.