Partners, which includes Massachusetts General Hospital and Brigham and Women’s Hospital, and Tufts agreed to reduce Partners’ reimbursements by a total of $45 million over 2012 and 2013, according to the release. Over the duration of the contract, this will lead to roughly $105 million in savings.
Rate increases during the contract period will be in line with general inflation, which is currently between 2 and 3 percent.
Partners will also enter Tufts’ Coordinated Care Model, which is a global payment system in which Partners will be required to meet or exceed quality measures for patients and keep costs down.
Related Articles on Hospitals and Health Plans:
California Orders Anthem Blue Cross to Pay Back Hospitals, Physicians
Physician Contracts Disclosed in West Penn, Highmark Deal
Thomas Health System Medicare Members Stay In-Network After Humana Reverses Decision
