Tacoma, Wash.-based MultiCare Health System and Regence BlueShield in Washington have announced a new accountable care initiative.
The two organizations plan to work together on new networks and health insurance products to help reduce healthcare costs. The accountable care agreement includes a shared incentive reimbursement arrangement.
"Working together, Regence and MultiCare can transform the healthcare system through innovative collaborative care programs such as this new model, and future initiatives as we continue our joint efforts," Mary Kay O'Neill, MD, MBA, executive medical director for Regence, said in the news release.
"We are excited to partner with Regence to develop innovative care models that will enhance the quality of care for our patients. Our providers are committed to improving access to care, quality outcomes and efficiency," Claire Spain-Remy, MD, senior vice president for MultiCare Medical Associates, MultiCare's provider network, said in the release.
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