A news release by VHA, which serves non-profit hospitals and is based in Irving, Texas, said the project will combine its analytics prowess and contracting company, Novation, with Cleveland Clinic’s integrated clinical sourcing to design a “value-based sourcing” model.
The partners expect this will lower and clarify supply and operating costs and allow health systems to better integrate with physicians.
More Articles on Hospital Joint Ventures:
Tenet Healthcare Announces Joint Venture Between San Ramon Regional Med Center, John Muir Health
UC Davis Medical Center, Dameron Hospital to Form Joint Venture
Baptist Community Services, Ardent Health Services Create Joint Venture
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.