A healthcare provider network and an insurance company are creating a new insurance plan for New Hampshire.
The Tufts Health Freedom Plan will be offered to the state's residents through a joint venture of the Tufts Health Plan, Watertown, Mass., and the Granite Healthcare Network, a Concord, N.H.-based partnership of not-for-profit New Hampshire health systems. Financial details of the deal are not being disclosed, but a Tufts spokeswoman said Tufts and Granite “consider ourselves equal partners in the company.”
Granite's five systems—Catholic Medical Center, Manchester; Concord (N.H.) Hospital; LRGHealthcare, Laconia; Southern New Hampshire Health System, Nashua; and Wentworth-Douglass Hospital, Dover—will make up the core of the new insurance company's provider network, which will also include other systems.
This is the first time in New Hampshire that a health insurance company and health systems have engaged in a joint venture to provide care, the companies said.
Tandigm Health, Innovative Wellness Alliance and Holy Redeemer Health System, all based in Pennsylvania, announced in February that they'll share the risk of managing patients in hopes of getting closer to a population health model. Unlike the Tufts deal, the three organizations there did not engage in a joint venture or merger.
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