Question

multiple choice question

a network that shares responsibility for managing the quality and cost of care provided to a group of patients is called a(n) _______

account care plan
managed care organization
accountable care organization
health cost plan

Explanation:

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<reasoning>

Analyze the definition in the prompt

Using the Accountable Care Organization knowledge point

An Accountable Care Organization (ACO) is defined as a healthcare organization characterized by a network of doctors, hospitals, and other healthcare providers who come together voluntarily to give coordinated high-quality care to their Medicare patients. The goal of coordinated care is to ensure that patients, especially the chronically ill, get the right care at the right time, while avoiding unnecessary duplication of services and preventing medical errors. When an ACO succeeds both in delivering high-quality care and spending health care dollars more wisely, it shares in the savings it achieves for the Medicare program. This matches the definition: "A network that shares responsibility for managing the quality and cost of care provided to a group of patients."

Evaluate the options

• account care plan: This is not a standard healthcare industry term.
• managed care organization: A Managed Care Organization (MCO) is an organization that delivers healthcare services through a contracted network of providers to manage cost, quality, and access (such as HMOs and PPOs), but the specific definition of a network sharing responsibility for managing both quality and cost for a designated group of patients under a shared-savings model refers to an ACO.
• accountable care organization: This matches the definition perfectly.
• health cost plan: This is not a standard term for a provider network sharing clinical and financial responsibility.

</reasoning>

<answer>
<mcq-option>account care plan</mcq-option>
<mcq-option>managed care organization</mcq-option>
<mcq-correct>accountable care organization</mcq-correct>
<mcq-option>health cost plan</mcq-option>
</answer>

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"Accountable Care Organization"
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Answer:

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<reasoning>

Analyze the definition in the prompt

Using the Accountable Care Organization knowledge point

An Accountable Care Organization (ACO) is defined as a healthcare organization characterized by a network of doctors, hospitals, and other healthcare providers who come together voluntarily to give coordinated high-quality care to their Medicare patients. The goal of coordinated care is to ensure that patients, especially the chronically ill, get the right care at the right time, while avoiding unnecessary duplication of services and preventing medical errors. When an ACO succeeds both in delivering high-quality care and spending health care dollars more wisely, it shares in the savings it achieves for the Medicare program. This matches the definition: "A network that shares responsibility for managing the quality and cost of care provided to a group of patients."

Evaluate the options

• account care plan: This is not a standard healthcare industry term.
• managed care organization: A Managed Care Organization (MCO) is an organization that delivers healthcare services through a contracted network of providers to manage cost, quality, and access (such as HMOs and PPOs), but the specific definition of a network sharing responsibility for managing both quality and cost for a designated group of patients under a shared-savings model refers to an ACO.
• accountable care organization: This matches the definition perfectly.
• health cost plan: This is not a standard term for a provider network sharing clinical and financial responsibility.

</reasoning>

<answer>
<mcq-option>account care plan</mcq-option>
<mcq-option>managed care organization</mcq-option>
<mcq-correct>accountable care organization</mcq-correct>
<mcq-option>health cost plan</mcq-option>
</answer>

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