"Accountable Care Organization" or "ACO" means a group arrangement in which health care practitioners (e.g., hospitals, physicians, other health care providers) agree to assume responsibility for the quality, outcomes and cost of health care for a designated group of Medicaid and/or CHIP beneficiaries.
"ACO Contract" means a contract formed between an ACO and an MMCO that includes payment via a value-based purchasing arrangement as defined by DHSS.
"ACO Requirements" means standards developed by DHSS outlining the qualifications needed for an ACO to participate in the program.
"Value-Based Purchasing" or "VBP" means a model for provider reimbursement that promotes value over volume, such as a shared savings or risk-based arrangement.
16 Del. Admin. Code § 80000-2.0