Accountable Care Organizations: The End of Innovation in Medicine?

“The Obama administration envisions accountable care organizations (ACOs) as the drivers of health care innovation, but such innovation has historically come from entrepreneurs in the private sector.
ACOs offer financial incentives to cut costs, but this means restricting patient choice and limiting the use of some expensive care.
The ACO concept is not new. Similar ideas have been tried before, but they failed because they were unable to control costs or manage medical risk.”