Hospital participation in accountable care organizations (ACOs)
is projected to double in 2014, according to Premier, Inc.’s
Economic Outlook C-Suite survey.
Facilities manager who want to learn more about ACOs can attend
the half-day seminar co-hosted by Health Care Institute of IFMA
and Corporate Realty, Design & Management Institute. At the
seminar, Walter Armstrong, Senior VP/Capital Facilities and
Engineering at Beth Israel Deaconess Medical Center, will speak
about best practices for consolidated management of multiple
facilities for ACOs. The half-day seminar will take place in
Boston on January 30.
According to Premier, Inc., more than 18% of 115 senior
executive respondents – primarily CEOs (43.5%), chief financial
officers and chief operating officers – across 35 states say
their hospitals currently participate in an ACO, up from 4.8% in
spring 2012. This growth is projected to accelerate, with about
50% of respondents suggesting their hospitals will participate
in an ACO by the end of 2014. Overall, 76.5%of respondents say
their hospital does or will participate in an ACO.
The pace of ACO adoption has been slower than originally
anticipated by senior executives surveyed 18 months ago. Though
51.8%of executives predicted in the spring of 2012 that their
systems would create or join an ACO by the end of 2013, results
show that only 23.5% will likely meet that projection.
“The ACO transition is challenging for all providers, and it
involves taking significant risks,” said Wes Champion, senior
vice president, Premier Performance Partners. “It’s
understandable and appropriate that some providers have been
more deliberate and cautious about when they participate in an
ACO. And it’s clear that many are now prepared to proceed.”
For details on Boston seminar, see