The problem of 1. atomic stability, and 2. discrete atomic spectra drove physicists absolutely nuts, until Bohr. His great insight was to accept as fact that "orbiting" electrons did not radiate. Given that, and acceptance of photons, as described by Einstein, Bohr was able to derive the formula for the Balmer series, and other hydrogen spectral series. Bohr started modern atomic physics, and, as a result, his work led to an explanation of the periodic table, and on-and-on.
To say that Bohr provided us with an "incorrect model", as suggested by Integral, is like saying the first motion pictures were 'wrong' because they did not have sound, or that Adam Smith was wrong because he did not anticipate modern economies, or that Newton was wrong, or Maxwell was wrong -- they never got to quantum effects. And, the planetary model of Rutherford was really wrong, yet it survived, if only as a metaphor.