Updated: 12/23/2013 8:14 PM
Created: 12/23/2013 8:07 PM WHEC.com
Rochester General Health System has been selected as one of 123 new Accountable Care Organizations (ACOs) in Medicare.
ACOs are designed to create more partnerships between doctors and hospitals in order to strengthen coordinated care for Medicare beneficiaries. ACOs will also help slow the growth of health care costs.
Since the passage of the Affordable Care Act, more than 360 ACOs have been established. They serve more than 5.3 million Americans with Medicare.
"It's about our commitment to improving the health of our community and realigning payment systems to hold us accountable, and to incentivise us for improving the community's health," said Mark Clement, President and CEO of Rochester General Health.
Affordable care organizations must meet quality standards to make sure savings are achieved by ensuring patient care is appropriate, safe, and given at the right time.