Blue Cross Blue Shield, Caritas Christi Sign Contract for Global Payment System

Blue Cross Blue Shield of Massachusetts and Boston-based Caritas Christi Health Care have signed a five-year contract that would pay hospitals on a global payment system opposed to the current fee-for-service system, according to a report in the Boston Globe.

Advertisement

Under the contract, the six hospitals in Caritas Christi’s system would be paid a fixed amount based on the estimated annual cost of a patients’ care, and incentives to improve quality and affordability of healthcare are included, according to the report.

Around 1,100 physicians affiliated with Caritas Christi who serve nearly 60,000 BCBS patients in the Boston area are covered under the new contract.

Read the Globe’s report about the new Caritas Christi global payment system contract.

Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.