Montefiore Medical Center, New York, has entered into an accountable care agreement with Empire Blue Cross and Blue Shield, New York, the organizations announced.
The accountable care agreement will cover fully insured Empire enrollees in New York's Bronx and Westchester counties and Montefiore's employees, according to a news release.
Montefiore will be eligible to receive shared-savings payments tied to quality and efficiency targets and a capitated care management fee, said John Caby, vice president of provider engagement and contracting for Empire. The contract will begin Jan. 1, 2013. It is Empire's first New York ACO.