MLchartDataset catalogue

Accountable care organization (ACO)

Term · Insurance and risk management · MLC-T-INS-000298

A group of healthcare providers, including doctors, hospitals, and other clinicians, who voluntarily come together to give coordinated high-quality care to their Medicare patients. The goal is to avoid unnecessary duplication of services and medical errors. If an ACO meets quality standards and reduces healthcare costs, it shares in the savings generated for the Medicare program.

Table 1. Record
IdentifierMLC-T-INS-000298
FieldInsurance and risk management
AbbreviationACO
Record as JSON 
{
  "id": "MLC-T-INS-000298",
  "term": "Accountable care organization (ACO)",
  "field": "Insurance and risk management",
  "definition": "A group of healthcare providers, including doctors, hospitals, and other clinicians, who voluntarily come together to give coordinated high-quality care to their Medicare patients. The goal is to avoid unnecessary duplication of services and medical errors. If an ACO meets quality standards and reduces healthcare costs, it shares in the savings generated for the Medicare program.",
  "abbreviation": "ACO",
  "url": "https://mlchart.com/terminology/insurance/accountable-care-organization-aco/"
}

Record 28 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.