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Although accountable care organizations (ACOs) have never been particularly popular among skilled nursing facilities, timing may be ripe to take on more risk to stay competitive in the market.
ACO participation may help operators maintain referrals when so many potential residents are being diverted to home health care, hospice and other tracks along the continuum of care.
The industry’s move toward value-based care makes it more imperative to strengthen physician relationships too; physicians are at the core of ACO membership, along with hospital systems and other health care providers to care for Medicare fee-for-service beneficiaries and in turn reduce medical errors and duplicate services.