What Does ACO Stand For?

ACO stands for Administrative Consent Order

An Administrative Consent Order (ACO) is a legally binding agreement issued by a regulatory agency that outlines specific compliance obligations and corrective actions to be undertaken by an entity or individual. It typically resolves violations of regulatory requirements without the need for formal litigation, enabling swift resolution and ensuring adherence to applicable laws and standards. An ACO may include terms related to penalties, monitoring, and deadlines for remediation, thereby promoting accountability and facilitating compliance while safeguarding public interests.

Other Meanings for ACO