Banner Health, Phoenix, and the insurer Aetna will begin in late November to market to small employers a health plan for a newly created accountable-care organization.
Aetna, Banner collaborate on ACO plan
The health plan will offer Banner Health financial incentives to manage costs and reach quality and patient satisfaction targets, said Dr. Charles Kennedy, CEO for Aetna's accountable-care solutions. Members will have incentives to use Banner Health and affiliated physicians in the health plan's limited network. However, members may seek care outside of Banner Health, Kennedy said. Some quality measures included in Aetna's accountable-care contract with Banner overlap with those proposed for the Medicare shared savings program, he said.
The Medicare shared-savings program, which will launch April 1, uses financial incentives to promote cost-control and quality performance. Aetna seeks to align its quality goals as much as possible with Medicare, he said. The insurance company also has accountable-care agreements with the Carilion Clinic and Heartland Health.
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