Sponsored by ASCOA | blambert@ascoa.com | 866.982.7262

Walmart Contributes to Arkansas' Payment Improvement Initiative

Share on Facebook
The Arkansas Payment Improvement Initiative, a program designed to reward hospitals and care providers in the state who give high-quality care at a lower cost, now has 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.

 

New from Becker's Hospital Review

AnMed Health to train Medical University of South Carolina students

Read Now