University of Colorado Health May Add Health Insurance Arm
If UCHealth created its own branded HMO, it would go up against the likes of Kaiser Permanente, Anthem Blue Cross and Blue Shield of Colorado and UnitedHealthcare, which are the health insurer giants in the area, according to the report. However, UCHealth is also considering creating an HMO in partnership with Anthem or UnitedHealthcare.
UCHealth officials have said nothing is for certain yet, and there is no timetable to establish anything.
"It's an option," Rulon Stacey, president of UCHealth, told the Denver Post. "If we think it's the right thing to do, we'll do it as fast we can."
More Articles on Health Systems and Health Plans:
© Copyright ASC COMMUNICATIONS 2015. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.
To receive the latest hospital and health system business and legal news and analysis from Becker's Hospital Review, sign-up for the free Becker's Hospital Review E-weekly by clicking here.