Walmart Contributes to Arkansas' Payment Improvement Initiative
Walmart as a backer. Bentonville, Ark.-based Wal-mart Stores has committed $670,000 to support the program's ongoing work.
The project's long-term goal is to create a new, more sustainable healthcare system through cost containment. "It is critical that large, self-insured companies like Walmart be involved in this complex work that has the potential to serve as a model for the rest of the nation," Arkansas Gov. Mike Beebe said.
Walmart will also serve on the APII Employer Advisory Council, fund information development and its distribution to the public and help underwrite a yearly tracking report to evaluate the project's impact.
More Articles on Walmart:Some Employers Encourage Workers to Travel to Hospitals With Bundled Prices
Major Companies to Hospitals, Health Insurers: "Give Us Your Price Data"
Walmart Employees to Receive Free Heart, Spine Services From 6 High-Profile Systems
© Copyright ASC COMMUNICATIONS 2012. 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.