ACO stands for Accountable Care Organization. An ACO is a healthcare model in which providers—including doctors, hospitals, and other caregivers—unite in their efforts to provide well-coordinated, exceptional care to a specific patient population. An ACO’s goal is to improve patients’ overall health outcomes while controlling healthcare costs. ACOs frequently receive incentives tied to the excellence of healthcare delivery rather than the quantity of services rendered, promoting a value-based approach. By extension, they may suffer lower reimbursement of expenses if they fail to deliver high-quality care. By fostering collaboration and shared accountability, ACOs aim to enhance patient experiences, reduce duplication of services, and achieve better health outcomes.