Its network of nearly 1,400 physicians includes independent physicians and those employed by Tampa Bay-based BayCare Health System. In just three years, the CIN has struck deals with most major payers in its market, including UnitedHealthcare, Cigna, Aetna and Florida Blue, according to the report.
It has reduced emergency department utilization and hospitalization, which has helped the group control costs. In fact, in 2013 and 2014, the CIN’s accountable care programs garnered $4.1 million in shared savings in 2013 and 2014, according to the Tampa Bay Business Journal. Numbers for 2015 have not yet been released, but Ethan Chernin, director of operations for BayCare Physician Partners, told the Business Journal he expects 2015 savings to be significant.
Read the full report here.
More articles on accountable care:
Humana launches orthopedic bundle in Tenn., expands Ohio bundles
Cigna, Integrated Independent Physicians Network roll out collaborative care agreement
Evolent Health, Georgia Physicians for Accountable Care strike partnership
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