The announcement goes hand-in-hand with MemorialCare’s agreement to purchase certain assets of Universal Care, a health plan with members throughout Los Angeles and Orange counties.
Barry Arbuckle, PhD, president and CEO of the six-hospital MemorialCare, said in a news release the Universal Care purchase and health plan license will “further our role in population health management, accountable care, medical homes, information technology, best-practice medicine and other elements of health reform.”
More Articles on Hospitals and Health Plans:
Report: High-Priced Hospitals in Massachusetts Receive 80% of Payor Dollars
HealthPartners, Park Nicollet Health Services Merger Clears Antitrust Review
Blue Cross Blue Shield, Essentia Health Sign Cost Control Agreement
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.