Minnesota's Star Tribune reports that the Mayo Clinic opposes the proposed Accountable Care Organizations (ACO) rules contained in the PPACA and will not participate in the ACO program.
The Rochester-based clinic, according to the paper, "is raising questions about accountable care organizations, or ACOs, which are supposed to be updated -- and better -- versions of health maintenance organizations. Approved as part of the 2010 health care law, they are designed to improve care and cuts costs by over half a billion dollars a year."
Dr. Douglas Wood, Mayo's chairman of health care policy and research, said that the Mayo Clinic does not want to significantly change from its current practices which they believes is already able to provide care in an efficient, patient-friendly manner. Wood said that Mayo would not "participate in a Medicare accountable care organization under the circumstances proposed."
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