ACOs Moving Toward Risk Last Updated: October 13, 2017
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HFMA: Accountable care organizations (ACOs) are steadily taking on financial risk but remain unsure exactly how to manage costs, according to a recent survey. The move toward risk is in line with what officials at Premier, which advises hospitals on delivery improvements, is seeing in the ACOs and other alternative payment models (APMs) with which they work. But they also noted results indicating some are more hesitant because they aren’t ready for risk. “While it can lead to significant success when done right, increasingly taking on risk is extremely challenging for providers and requires very specific capabilities, as well as the alignment of strategies and incentives across the provider system,” said Brent Hardaway, vice president of population health management advisory services at Premier.

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