MMS Issues Guide to ACOs
WALTHAM — The Mass. Medical Society has released a new publication for physicians and their practice managers, “MMS Guide to Accountable Care Organizations: What Physicians Need to Know.”
The 49-page publication provides detailed guidance on the issues that physicians should consider whether they are currently participating in an accountable-care organization, forming or joining an ACO, or entering into an integration agreement with another healthcare organization. These issues include assessing the readiness of a practice to join an ACO, choosing the right ACO, how to approach an ACO, technology considerations, legal and governance issues, financial impacts, and achieving clinical integration.
“It’s becoming more and more difficult for independent practices to compete effectively in today’s healthcare system,” said Dr. Ronald Dunlap, MMS president. “Many physicians are reassessing their role in this rapidly evolving system. For some, this means becoming an employee of a larger healthcare organization. Others may want to retain some of their professional autonomy, while integrating some aspects of their practice with an ACO. These are complex issues, and there is a great need for objective, third-party information.”
The book was written by Chris Collins, a principal at ECG Management Consultants of Boston, and J. Mark Waxman, a senior partner in the Boston office of the law firm Foley & Lardner. It is available to MMS members at www.massmed.org/acoguide.