In the ACO, the hospitals and independent physician groups will contract and share risk together to improve quality and efficiency. Hospitals and physicians are in a 50-50 partnership and share governance of the ACO, which is called Beth Israel Deaconess Care Organization.
As part of the agreement, BIDMC and BIDPO will jointly invest $12 million over five years in order to improve care coordination infrastructure.
No payor was named in the release.
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