Under the new Obama administration, hospitals and doctors will be able to form networks with the aim to reduce health care costs for consumers. The US Department of Health and Human Services issued new rules today for the important accountable care organizations that will be formed during the ongoing health care reform overhaul. The program may save the US government over $960 million over a three year period.
The program wants doctors, hospitals and medical providers to collaborate on better care for patients and also reduce costs through efficiency. The incentive for the government is that they will share in the cost savings along side with the medical care providers. This will also inevitably lead to lower health insurance premiums for consumers. The program wants independent hospitals and doctors to act more like integrated health systems. This will make their practice more efficient, similar to groups like the Mayo Clinic or the Cleveland Clinic.
The government will create new laws and regulations to allow doctors and hospitals to share confidential information. A key requirement in the new program that the government wants to implement. Read more about the changing medical environment here.