With many industries, there is an alphabet soup of acronyms that everyone expects you to just know. In the healthcare industry, the expectation may be even greater and the acronyms even more expansive. This is where knowledge of a few of them can be of great help. One that definitely doesn’t hump out in normal conversation is ACO or Accountable Care Organization. ACOs are outlined as hospitals, clinics, other care facilities and doctors working together for Medicare patients.