The contract will still pay for care on a fee-for-service basis but puts Partners at risk if the total paid to the health system in a given year exceeds the global payment budget. Under the contract, fee-for-service payments will increase between 5 and 6 percent this year, but future increases will be limited to 2 to 3 percent each year, according to the report.
More Articles on Partners HealthCare:
Steward, Partners HealthCare Make Trauma Services Agreement
Partners HealthCare’s Investments, Debt Key to Fiscal Stability
Partners’ Bid for South Shore Hospital Receives Scrutiny From Federal, State Investigators