Southampton A.C.O. Announces the Benefits of Joining an Accountable Care Organization - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
April 30, 2014 Newswires
Share
Share
Post
Email

Southampton A.C.O. Announces the Benefits of Joining an Accountable Care Organization

PR Web

Southampton, NY (PRWEB) April 30, 2014

Southampton A.C.O. announces the benefits of joining an accountable care organization. As many healthcare professionals and facilities adapt to this new pragmatic approach, Southampton A.C.O. allows its member to structure the organization and develop principles the members will follow.

"The accepted condition for ACO formation is that no two ACO's are the same. Therefore, as a doctor, you and your colleagues will decide on the structure and selection of principles that will make Southampton ACO unique. Private insurance companies and public institutional payers encourage innovation and both are ready to strike a balance between what doctors would like to change and what they see as the necessary prerequisite for the new pragmatic approach," stated Lee Ropiak, Project Manager for Southampton A.C.O.

Ropiak continues to describe accountable care organizations as a private-public hybrid healthcare organization. Often looked at as a government program, an A.C.O. is part of the Shared Savings Program which falls under the Affordable Care Act (ACA). However, the two initiatives, A.C.Os and Share Savings Program were created over 10 years ago in the private sector only recently to be adopted by the Department of Health and Human Services to help implement ACA. Therefore, it is a private-public hybrid solution to the high cost of healthcare.

Southampton ACO looks to organize a group of healthcare professionals who are interested in enhancing the quality of care, improving patient satisfaction and controlling the growth in healthcare cost. Added benefits of joining an accountable care organization are as follows:

1.Provide high quality and efficient care: Doctors are able to keep electronic medical records for review and the follow up process. Healthcare professionals also have the ability to adopt easy quality measures in four domains; patient/caregiver experience, care coordination and patient safety, preventive health and caring for at-risk populations. Joining an A.C.O. may even reduce the risk of malpractice liability.

2. Ensure the integrity of a doctor's practice: The management of an A.C.O. fosters professional, private doctor and patient experience. Also ensures providing timely, transparent and responsible distribution of shares of savings and reimbursements.

3. Streamline Healthcare: By forming an A.C.O., the organization learns to understand its immediate population. The organization can eliminate the need for pre-approval and the specter of suspicion regarding conflict of interest. Accountable care organizations can also make the non-self-referral "Stark" rules non applicable by demonstrating a value based outcome oriented approach.

4. Reduce Cost: For patients, going to doctors who belong to an A.C.O. it prevents them from being stuck with large bills because of a billing error or pre-approval confusion. Patients can also receive medical attention when they need it. For example, a patient could be waiting for an eye exam but also receive a flu vaccination because your etymologist read the patient's most recent electronic medical record and saw he or she needed one.

For more information about Southampton A. C. O. please visit http://www.southamptonaco.com or feel free to contact by email: ask(at)SouthamptonACO(dot)com or phone: (631)328-2644

About Southampton A.C.O
Established in 2013, Southampton A.C.O was formed under section 3022 of the Center for Medicare and Medicaid rule. The organization will allow local primary care physicians and specialists delivering primary care services to file additional claims for shared savings. ACOs will work to reduce health care professional and patient frustration and disconnected care. It will allow for doctor's visits to streamline as it will ease access of information and previous medical history. For more information please visit: southamptonaco.com.

Read the full story at http://www.prweb.com/releases/2014/05/prweb11811576.htm

Copyright:  (c) 2014 PRWEB.COM Newswire
Wordcount:  583

Older

Ohio Health Care Association Elects Canfield Businessman as President

Advisor News

  • Wealth planning vs. estate planning: Honoring your client’s wishes
  • What to discuss during the first retirement planning meeting
  • Inflation, competing priorities and uncertainty erode retirement security
  • As health premiums rise, 1 in 8 workers cut retirement savings
  • CT governor’s candidates claims: What’s true, and what’s misleading
More Advisor News

Annuity News

  • National Life Group expands annuity portfolio
  • AM Best to Join Life/Annuity Insurance-Focused Panel Discussion at Capitol Forum Event
  • USAA Earns No. 1 Ranking in JD Power Individual Annuity Study for the Third Consecutive Year
  • How flexible annuities fit today’s retirement portfolios
  • Foresters Financial appoints Tom Ross as chief distribution officer for U.S. annuity sales
More Annuity News

Health/Employee Benefits News

  • Pennsylvania Health Plans Must Cover Colon Cancer Screening at 45
  • In Miami-Dade court, health insurer fights an order to cover $48,500 cancer drug
  • Fed judge blocks Medicaid work requirement rule
  • Health insurers leave millions unpaid for mental health crisis care in California
  • Commissioner places Mending Health in conservatorship
More Health/Employee Benefits News

Life Insurance News

  • AM Best Affirms Credit Ratings of Insignia Life S.A. de C.V.
  • FINANCIAL FRAUD
  • Security Benefit Announces Planned Dividend Rate Reset for Series B Preferred Stock
  • Palmetto Heritage and Atlantic Coast Life Announce Discussions Regarding Potential Acquisition
  • Jury finds insurance company acted in bad faith, awards Nebraska woman $11.3M
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Spectrum Weather & Specialty Insurance Celebrates 15 Years and Welcomes the Next Generation
  • Royal Neighbors of America® Increases Service Capacity
  • Benefits Studio Launches to Fill the Missing Middle of Benefits Navigation at $49/mo
  • Lauren Sinnott Named to Ragan’s Top Women in Marketing Awards, Class of 2026 
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.