Piedmont Healthcare, Cigna reach value-based agreement

Atlanta-based Piedmont Healthcare and Cigna extended their contract multiple years under a new value-based agreement.

Advertisement

Launched in 2010, the Piedmont-Cigna collaborative care program has lowered healthcare costs for Cigna members year over year. Under the extension, Cigna members will continue to have in-network access to Piedmont’s 11 hospitals and more than 2,000 physicians.

The collaboration has also held Piedmont’s costs below market average since 2014. A pilot of Cigna’s collaborative coverage for Piedmont employees found that during the past five years, employees’ medical benefit costs grew less than the rate of inflation.

More articles on payer issues:
2019 Medicare Part A and B deductibles, premiums: 3 things to know
Most common type of state Medicaid breach? Misdirected letters, faxes
Trump administration’s new insurance guidelines for states, employers: 10 things to know

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Register to Attend Webinar

Beyond the bottleneck: How health systems are improving access, flow and care continuity

Thursday, July 30
1:00 PM - 2:00 PM CDT

Presenters: Imamu Tomlinson, MD, MBA, VituityWilliam Morice II, MD, PhD, Mayo Clinic LaboratoriesJordan Dale, MD, Houston MethodistAsh Tengshe, City of HopeChris Klay, MHA, MA, PT, FACHE, Hospital Sisters Health System

Advertisement

Next Up in Care Coordination

Advertisement

Comments are closed.