Baptist Health South Florida and oncology practice Advanced Medical Specialties, both of Miami, are working with Florida Blue, a Jacksonville-based Blue Cross and Blue Shield company, to set up an accountable care organization specifically for cancer treatment.
The program will use a value-based reimbursement model that aims to lower the cost of cancer care while also improving care quality, according to a Florida Blue news release
. It will focus on the treatment of the most common types of cancer.
"In the age of reform, health organizations must create new models of care that deliver the highest quality of care while reducing the cost burden for all stakeholders," said Pat Geraghty, chairman and CEO of Florida Blue, in the release. "This Cancer Care Program is an important step toward that goal."
Dr. Leonard Kalman, chairman of Advanced Medical Specialties, which has 17 locations in South Florida, said in the release that the program will lead to "better-coordinated, more cost-effective care" for cancer patients. "Our focus has been on evidence-based treatment regimens, advance care planning and the avoidance of unnecessary ER visits and hospital admissions," he said.
The release added that the groups hope the program can be replicated throughout the state.