Blue Cross Blue Shield of Michigan purchased an unnamed Royal Oak, Mich.-based management support organization, bringing opportunities for network physicians to access support tools.
The organization will provide physicians support to "develop the infrastructure, capabilities and best practices required in value-based care models," according to the Aug. 10 announcement.
According to the announcement, the acquisition is an effort to improve quality of care and lower costs, therein promoting affordability for members.
The management services organization's name has been withheld due to licencing requirement issues, according to the announcement.