Children’s Hospital of Orange County, St. Joseph Hoag Health Launch ACO

Irvine, Calif.-based St. Joseph Hoag Health and Orange, Calif.-based Children’s Hospital of Orange County are forming an accountable care organization.

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The two organizations will share in the financial and medical responsibilities of providing patient care at eight hospitals and nine medical groups and affiliated physician networks, according to a news release.

The goal of the ACO is to improve quality of care and patient experience while cutting healthcare costs.

More articles on ACOs:

BCBS of Illinois plans to have 16 ACOs by 2015
6 critical elements of a successful ACO
Report: ACOs to cover 130M lives by 2017

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