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The responsibility of the person or organization responsible for a task to take credit for all positive outcomes and blame for all negative outcomes. Accountability is desirable in finance and economics because it promotes efficiency. See also: Transparency.


an employee's RESPONSIBILITY for the exercise of certain duties and the requirement to report to his superiors on his performance of them. In recent years, many managers have attempted to strengthen lines of accountability so as to achieve improvements in the job performance of their subordinates.

One approach to this has been th creation of PROFIT CENTRES. The profit performance of these subunits of the organization can be closely monitored by organizational leaders, thereby increasing the accountability of those working in the profit centres. In so far as creation of profit centres involves a measure of decentralization of decision-making, decentralization of responsibility and AUTHORITY can be coupled with increased accountability. See MANAGEMENT, ORGANIZATION.

References in periodicals archive ?
Panel discussions at the event highlighted topics that included the application of an accountable care framework to the UK's healthcare system; global care delivery and payment innovations; and supporting change and transformation in a healthcare system.
For the third year in a row, Meridian Accountable Care Organization (ACO) realized year over year improvements in our quality scores, successfully reaching and surpassing key quality performance measures, says Patrick Young, president of population health solutions for Hackensack Meridian Health.
On the flip side, people who embrace being held accountable to a company's profitability as well as their own career success are keepers.
Accountable Drivers is pleased to provide quality car service, including airport car service, in and around Gaithersburg, MD.
Accountable Health invests and acquires technology-enabled healthcare services companies that improve quality, increase efficiencies and reduce costs in the delivery of healthcare.
Lumeris provides the solution platform, guidance and operational services necessary for health systems, health plans and provider organizations to transform into high-performing accountable delivery systems.
The purchased business will keep its current headcount but will begin operating under the name Accountable Healthcare Staffing following the takeover.
Ndangi Katoma, Bank of Namibia's director: Department of Strategic Communications and Financial Sector Development, said that as a result of difficulties experienced by accountable institutions in finalising the registration process, a recommendation was made by the Bank of Namibia to the Ministry of Finance, that the above period be extended to 5 October 2013.
Perspective--Launching Accountable Care Organizations--The proposed rule for the Medicare shared savings program--The New England Journal of Medicine.
The SCS did not identify depot balances in all of the possible accountable balances.
Whichever way you look at it, Mr Balls is fully responsible and accountable for the SATS mess and should make at least one honourable decision and resign.
Metech Malaysia further extends the reach of Metech's Accountable Resource Management (ARM) program.

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