The company says it’s in prime position to serve as a consultant to ACOs looking for tips on savings and mitigating risk in new healthcare territory. The third party reinsurance is intended to give ACOs greater freedom in determining where they can improve their business model and seek avenues for increasing their profit margin.
“We are very pleased to be involved at such an early stage of development of the ACO Pioneer Reinsurance program. We educate Accountable Care Organizations as to what their potential savings can be and what options are available,” Executive Vice President Kathryn Bowen said in a press release.
More Articles on ACOs:
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ACOs Will Reduce Hospital Margins in the Near Term
ProMed Alliance Forms ACO in Florida; Plans 50 Across Nation
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