Hoag Memorial Hospital Presbyterian, Newport Beach, Calif., and Greater Newport Physicians have agreed to form an accountable care organization with Blue Shield of California.
Calif. hospital, docs plan ACO with Blue Shield
The three-year accountable-care agreement must be approved by the California Department of Managed Health Care, according to a Blue Shield of California news release. Healthcare costs for roughly 11,000 managed-care enrollees will remain largely flat during the first year, which will begin July 1, to be followed by "low single-digit increases," according to the release. The three participating groups will share clinical and case-management information as part of an effort to coordinate comprehensive healthcare services, according to the release.
If approved by state regulators, the 36-month contract accountable care contract will be Blue Shield of California's sixth.
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