ACO Definitions

  • A

    accountable care organization (ACO)

    An accountable care organization (ACO) is an association of hospitals, providers and insurers in which all parties assume accountability for the quality of patient care, and how money is spent as it pertains to a population.

  • M

    MACRA (Medicare Access and CHIP Reauthorization Act of 2015)

    MACRA (Medicare Access and CHIP Reauthorization Act of 2015) is U.S. healthcare legislation that provides a new framework for reimbursing clinicians who successfully demonstrate value over volume in patient care.

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