Saint Luke's Inks Value-Based Contract With BCBS Kansas City

Saint Luke's Health System, based in Kansas City, Mo., has formed a two-year partnership with Blue Cross and Blue Shield of Kansas City for a collaborative value reimbursement program, according to a Healthcare Payer News report.

The 11-hospital system will receive incentives for reducing healthcare costs while treating BCBS Kansas City members and coordinating care. If the program works as expected, the payor anticipates savings ranging from $3 to $10 per member per month, according to the report. Patients with chronic conditions would account for most of the savings.

"We are continuously seeking to enhance the quality of services we deliver to the Kansas City community while lowering costs where possible. Collaborative value reimbursement programs are a vehicle to do just that," Melinda Estes, MD, president and CEO of Saint Luke's, said in the report.

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