Blue Cross and Blue Shield of Oklahoma and Oklahoma City-based Integris Health inked a five-year agreement centered on value-based payments.
The historic agreement will ensure Integris Health facilities are in network for BCBSOK members. Additionally, for the first time, Integris providers will be a part of the insurer's Blue Advantage preferred provider organization, likely to be effective Sept. 1.
"This new agreement obligates both of our organizations to jointly develop new value-based care capabilities that emphasize improving health outcomes of our members and patients," BCBSOK President Joseph Cunningham, MD, said in a press release. "There are no other industries where a consumer continues to pay the same price, regardless of the quality of the service or result of the service they're purchasing. That's essentially what value-based care is aiming to change."
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