Blue Cross and Blue Shield of North Carolina and Kansas City, Mo.-based Caravan Health are partnering to support the expansion of the Blue Premier value-based care program to more areas in the state, according to an Oct. 29 press release.
The companies will establish an accountable care organization to help community and rural hospitals bring value-based care to patients, the release said. More health systems in the state will be able to collaborate to provide high-quality, low-cost care under Blue Premier.
"Extending value-based care through Blue Premier is an important next step in supporting community and rural hospitals, especially as the pandemic has exposed the flaws of fee-for-service," Von Nguyen, MD, Blue Cross NC CMO, said in a statement. "Caravan Health will be an essential part of making the benefits of value-based care available to more Blue Cross NC members through access to better, more affordable care."
Read more details here.