If UCHealth created its own branded HMO, it would go up against the likes of Kaiser Permanente, Anthem Blue Cross and Blue Shield of Colorado and UnitedHealthcare, which are the health insurer giants in the area, according to the report. However, UCHealth is also considering creating an HMO in partnership with Anthem or UnitedHealthcare.
UCHealth officials have said nothing is for certain yet, and there is no timetable to establish anything.
“It’s an option,” Rulon Stacey, president of UCHealth, told the Denver Post. “If we think it’s the right thing to do, we’ll do it as fast we can.”
More Articles on Health Systems and Health Plans:
Providers Becoming Payors: Should Hospitals Start Their Own Health Plans?
Christus St. Vincent in New Mexico May Launch Health Plan
CO-OPs Urge HHS to Restore Funding
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.