How Vermont's all-payer ACO model paves the way for value-based care
TechTarget
As its name states, the Vermont All-Payer Accountable Care Organization (ACO) Model is an arrangement that incorporates patients with both private and public healthcare coverage, but what makes this model so appealing to providers? Is this system finally the solution to moving more healthcare stakeholders away from traditional fee-for-service and toward value-based care?
The model’s impacts on spending and quality point towards yes and the importance of boosting participation in ACOs and APMs not only in Vermont but across the whole country.
The model uses an ACO structure to align financial incentives across payers through risk-based payments tied to provider performance. With the goal of rewarding quality over quantity, healthcare stakeholders see the model as a promising path to value-based care.