New ACO Arrangement realigns focus to value of service with emphasis on improving health outcomes Download image Blue Cross and Blue Shield of Texas logo. (PRNewsFoto/Blue Cross and Blue Shield of Texas) HOUSTON, Sept. 5, 2013 /PRNewswire/ -- Blue Cross and Blue Shield of Texas (BCBSTX) and Memorial Hermann Accountable Care Organization (MHACO) announced a new strategic alliance today that will deliver improved, sustainable patient care while better managing health care costs, beginning mid-2014. An accountable care organization (ACO) is a collection of providers that have agreed to coordinate care across a continuum of heath care settings to improve the coordination and quality...
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