Magazine
Intelligence Unit Special Reports Special Events Subscribe Sponsored Departments Follow Us

Twitter Facebook LinkedIn RSS

ACOs: From Volume to Value

Jim Molpus, for HealthLeaders Media, March 14, 2011
Are you a health leader?
Qualify for a free subscription to HealthLeaders magazine.

Editor's note: This story was originally published 2/14/2011

The term accountable care organization sounds like an iteration of trends that healthcare has trod before: integration, capitation, and consolidation, to name just a few of the associated buzzwords.

To understand the transformative potential of what ACOs could be requires you to poke at the definition of accountable. Edward Murphy, MD, president and CEO of Carilion Clinic in Roanoke, VA, says understanding the definition helps to build the plans necessary for creating accountable care structures.

“You have to ask two questions: Accountable to whom, and accountable for what?” Murphy says. The answer to the “whom” question is that “we are accountable to our patients and our community, and our community from the perspective that they pay for our services,” Murphy says. The answer to the “what” side of the equation is “we are accountable for outcomes. We are accountable for service. But we are also accountable for cost, and very specifically making them lower.”

Leaders from Carilion, Louisville-KY-based Norton Healthcare and New Jersey-based AtlantiCare gathered at the Virginia Tech Carilion School of Medicine and Research Institute for a HealthLeaders Media Rounds leadership seminar about the promise of ACOs and the challenges in creating them. Both Carilion and Norton are participants in the Brookings-Dartmouth ACO pilot project and AtlantiCare is creating its own ACO capability along with participation in an ACO collaborative with Premier, Inc., members.

1 | 2 | 3 | 4 | 5

Comments are moderated. Please be patient.

1 comments on "ACOs: From Volume to Value"


CelineV (3/15/2011 at 12:53 AM)
Apart from being extraordinary tools for communication, shrinking the world like never before, linking people across the globe, it also offers users access to humongous amounts of information, and therefore is an invaluable tool both in the academic field as well as the business world. Brand new laws in CA and Texas are making some comedians rethink their chosen profession. As the laws go into impact, businesses such as Twitter are shutting down impersonation accounts. <a title="Impersonating another internet is officially a crime" href="http://www.adworkz.com/blog/online-impersonation-criminal-act/"> @ceoSteveJobs</a> was just one account shut down by the new law. The law could be facing tough issues from free-speech supports. Satire exceptions, especially, could come into play.