Humana expands risk-based agreement with 3,400-physician group

Humana and Seoul Medical Group expanded their risk-based agreement in Hawaii, the organizations said Nov. 19.

Under the new arrangement, Humana will tie payments to SMG's subsidiary, Hawaii Senior Medical Group, to health outcomes of the insurer's Medicare Advantage members.

The new contract will add 95 HSMG physicians to Humana's Medicare Advantage provider network beginning Jan. 1.

The agreement is part of a larger relationship with SMG, a Korean American group that includes more than 3,400 physicians. SMG operates across Hawaii, California, Washington, Georgia and New Jersey.

More articles on payers:
BCBS plans debut national provider network: 4 things to know
Steward Health Care to spin off health plan
Atrium, Novant sign value-based agreement with BCBS of North Carolina

© Copyright ASC COMMUNICATIONS 2019. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

Top 40 Articles from the Past 6 Months