Bill 118 hr 7665, also known as the ACO Assignment Improvement Act of 2024, aims to make improvements to the assignment process for Accountable Care Organizations (ACOs) in the United States. ACOs are groups of healthcare providers who work together to coordinate care for Medicare patients and improve quality while reducing costs.
The bill includes provisions to streamline the assignment process for Medicare beneficiaries to ACOs, ensuring that patients are assigned to the most appropriate ACO based on their healthcare needs. This will help to improve the quality of care provided to patients and ensure that ACOs are able to effectively manage the health of their assigned population.
Additionally, the bill includes measures to increase transparency and accountability within ACOs, requiring them to report on quality measures and outcomes to the Centers for Medicare and Medicaid Services (CMS). This will help to ensure that ACOs are meeting the necessary standards of care and providing high-quality services to Medicare beneficiaries.
Overall, the ACO Assignment Improvement Act of 2024 aims to enhance the effectiveness of ACOs in delivering high-quality, cost-effective care to Medicare patients. By improving the assignment process and increasing transparency and accountability, the bill seeks to promote better health outcomes for beneficiaries and reduce healthcare costs in the long run.