UMass Memorial to launch insurance company

Worcester-based UMass Memorial Health announced it is starting its own health insurance company, Central Mass Health. 

Advertisement

The new company, which was incorporated in February, will be placed under the UMass Memorial Health Ventures umbrella, a non-hospital arm of the health system, according to the Worcester Business Journal.

In documents filed with the secretary of state, UMass Memorial Health CEO Eric Dickson, MD, said Central Mass Health will facilitate care through managed care programs, health maintenance organizations and alternative healthcare delivery programs.

To date, there are less than a dozen operating payers in Massachusetts. The UMass Memorial system has over 14,000 employees and donates $200 million to UMass Medical School annually, the article said.

Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit

Advertisement

Next Up in Capital

Advertisement

Comments are closed.