TROY, Mich., April 17, 2013 —IPS Technology Services is expanding its current service offerings with the addition of ACO—Accountable Care Organization—consulting services.
ACO or Accountable Care Organization aims to provide well-coordinated, patient-centered healthcare with the goal of achieving improved health, improved patient experiences and lower costs. The fundamental premise of ACO is to set up processes and infrastructure to help providers get reimbursed based on outcome (quality) and not based on fees for service (quantity) which is required by the new Healthcare Law when it is fully enforced. This is why the trend towards adopting ACO by the providers is up as reported by Leavitt Partners, a healthcare consulting firm in Salt Lake City. According to Leavitt Partners, there are 330 ACOs in operation as of November 2012—up from 164 in 2011.
To discourage over-utilization, many payers have shifted from fee-for-service compensation, which rewards physicians for treatment volume, to risk-sharing arrangements that prioritize outcomes. Under the new system, when treatments deliver the desired results, provider compensation may be less than before.
ACOs are here to stay and it is going to be an immensely important tool to stay in business because the benefits are proving to be real. It will improve the quality of care and reduce waste as well as help organizations implement value-based care concepts in a step-by-step fashion.
For more information on how ACO works as well as its implications for the healthcare industry, visit http://healthcare-parttimecio.blogspot.com/2013/04/what-is-aco-or-accountable-care.html
About IPS Technology Services
IPS Technology Services provides end-to-end IT services to the Small and Medium Businesses (SMB) marketplace. IPS develops custom applications using state of the art tools such as .Net, C#, VB, SaaS, SOA, Oracle, SQL Server, and/or by using third party software. IPS provides IT services in the following six areas:
1. IT Staffing (SharePoint, Oracle, Java, Dot Net, SQL Server, SAP, PM)
2. CIO Services and Technology Consulting
3. Web based and Mobile Application Development and Integration
4. Healthcare IT with EHR and Practice Management implementation
5. Engineering IT services
6. Website development and Digital Marketing
For more information on IPS Technology Services, please call 248-526-9000 or click www.ipstechnologyservices.com.