Humana’s pay-for-value system promotes using evidence-based, high-quality care to drive improved patient outcomes and lower costs. Both new agreements will serve Humana Medicare Advantage members in the health system’s respective markets.
Under the agreements, Humana will offer plans built around St. Elizabeth’s hospitals and facilities in northern Kentucky and The Christ Hospital and its physician network in greater Cincinnati.
Both agreements include incentives tied to performance improvement.
“We view this collaborative work as an important part in making healthcare better for our community, meeting our mission of improving the health of our community and creating patient value by providing exceptional outcomes, affordable care and the finest experiences,” Tim Cappel, executive director of population health at The Christ Hospital Health Network, said in a news release.
St. Elizabeth Healthcare has similar goals for its collaboration with Humana. “As we enter into a new era of healthcare, we are increasingly looking for opportunities that lower health premiums and keep health costs as low as possible for patients,” William Banks, vice president of managed care at St. Elizabeth, said in a release. “The accountable care agreement with Humana fits nicely into the high-quality, evidence-based care our patients have come to expect from St. Elizabeth.”
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