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Accountable Care Organizations and Professional Liability Exposures
One result of the current discussion surrounding healthcare delivery and insurance reform in the United States has been an increased focus on the utilization of accountable care organizations (ACOs) — models aimed at improving the quality of healthcare while decreasing costs. ACOs are networks of healthcare providers that band together to provide for the consistency and coordination of services for patients. This collaborative arrangement raises its own set of liability issues, says Kristin McMahon, vice president of underwriting for IronHealth, a division of property/casualty insurer, Ironshore, and insurers are taking notice.