Anthem Blue Cross is partnering with several major hospital groups in California to create a “new health plan that executives believe will enhance competition in the area while reducing healthcare costs,” according to Modern Healthcare.
Instead of paying deductibles, patients under this new plan “will only have to pay monthly premiums and copayments.”
The health plan, know as Vivity, “represents a blossoming type of insurance venture, one in which hospitals, physicians and insurers work together to move away from a fee-for-service structure and toward a value-based reimbursement plan that rewards high-quality and safe patient care. But the health plan is only one part of the joint venture. The health systems intend to eventually link their electronic health-record systems to better coordinate and analyze patient care.”
Summary By MedicalGroups.com
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