Physical Therapists are keenly interested in the possibility of Medicare Accountable Care Organizations (ACO).
Private practice and corporate-owned rehabilitation companies are especially interested since we are not considered ACO Providers - but, we can partner with large physician practices and hospitals to provide therapy services and share in any cost savings.
ACOs have grown 38% in the last six months, according to a new report titled Growth and Dispersion of Accountable Care Organzations: June 1012 Update.
"Located in 45 states and the District of Columbia, ACOs total 221 partnerships, up from 160 ACOs in 40 states in November 2011..."I think ACOs offer physical therapists an unrivaled opportunity to compete on the basis of:
- better costs
- better patient satisfaction
- better safety
- and better outcomes
Can anyone suggest a better order?