Cleveland Clinic and ProMedica, a Toledo, Ohio-based eight-hospital system, have signed a letter of understanding to develop a health system affiliation aimed at creating a clinically aligned network to provide population-management services.
“In this transformational time in healthcare, a new level of collaboration is required and health systems are integrating in unique ways,” Dr. Toby Cosgrove, president and CEO of Cleveland Clinic, said in a news release.
Identified areas of collaboration include: information technology, supply chain efficiencies and operational standardization.
“What's being expected are new, sophisticated capabilities to deliver value-based care,” Stephen Staelin, ProMedica board chairman, said in the release. “We can build these capabilities together, along with economies of scale and skill.”