3 Principles for Building an Accountable Care Organization

Physicians from two large group practices and Our Lady of the Lake Physician Group in Baton Rouge, La., recently discussed what stapes they would need to take to create an accountable care organization.

Advertisement

“We haven’t committed to an ACO yet, but have good relationships,” said Curtis Chastain, MD, medical director of Our Lady of the Lake, a group of 160 physicians employed by Our Lady of the Lake Medical Center. The two other groups, with a total of 150 physicians, are on staff at the medical center.

While Our Lady of the Lake has been rapidly acquiring physicians’ practices, Dr. Chastain says an ACO would allow the hospital to have other kinds of relationships with physicians.

Here are three principles for building an ACO that Dr. Chastain says the physicians appeared to agree on.

1. Share patient information. This would allow physicians across the ACO to share data such as diabetics’ hemoglobin a1c test results.

2. Share best practices. Physicians would need to agree on protocols for chronic care as well as episodic care.

3. Purchase the same EMR platform. The hospital is looking to purchase an EMR system, which the independent physician groups might be able to buy into.

Read more about accountable care organizations.

– AHA Report Identifies Best Practices for Accountable Care Organizations

– How Hospitals Can Prepare for Accountable Care Organizations: Q&A With Robert Baudino of Baudino Law Group

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Advertisement

Next Up in Integration & Physician Issues

Advertisement

Comments are closed.