Memphis, Tenn.-based Methodist Le Bonheur Healthcare and BlueCross BlueShield of Tennessee have agreed to launch a five-year accountable care organization, effective Jan. 1, 2013.
The ACO partnership with Methodist is the first for BlueCross in Tennessee.
Under the arrangement, Methodist will replace Memphis-based Baptist Memorial Healthcare System as the main provider in BlueCross' Network S, which is designated as the lower-cost network.
BlueCross has designated Network S as one way to curb costs for members by providing a choice of physicians and facilities proven to deliver quality care at lower costs.
Baptist Memorial will continue as the Network S provider until Dec. 31.
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The ACO partnership with Methodist is the first for BlueCross in Tennessee.
Under the arrangement, Methodist will replace Memphis-based Baptist Memorial Healthcare System as the main provider in BlueCross' Network S, which is designated as the lower-cost network.
BlueCross has designated Network S as one way to curb costs for members by providing a choice of physicians and facilities proven to deliver quality care at lower costs.
Baptist Memorial will continue as the Network S provider until Dec. 31.
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