“Nine of 32 hospitals and health systems dropped out of a U.S. pilot program created through the Affordable Care Act to reduce medical costs by moving away from a traditional fee-for-services model, the government said.”
[…]
“The program, begun in January 2012, created accountable care organizations, or ACOs, designed to save money by more efficiently managing care for patients with chronic diseases… The health providers are paid a fixed monthly stipend for patients rather than receiving fees for medical services.”
[…]
“The nine medical providers had told Medicare officials they might leave the three-year program early..;Seven of the health providers,…said they will apply for a lower-risk Medicare cost-savings plan. None produced savings in the Pioneer plan.”
[…]
Hospitals Withdraw From Key Obamacare Cost Savings Plan
By Samuel Adams
Jul 16, 2013