WellCare inks value-based payment agreement with 14K-physician group

WellCare Health Plans expanded its value-based provider network to include agilon health, a Long Beach, Calif.-based group with 14,000 physicians, the Tampa, Fla.-based insurer said Oct. 8.

Advertisement

Under the new contract, WellCare will reward agilon physicians with bonus payments if they reach certain quality benchmarks. WellCare’s agreement concerns care delivered to members in Texas.

Nationwide, agilon health managers care for 300,000-plus patients. Its physician network spans four states.

More articles on payers:
ACA sign-up site scheduled to be down most Sunday mornings during open enrollment
How Florida’s HCA-dominated for-profit market affects insurance payments
Walmart, GM should be ‘wake-up call’ for private insurers

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.

Download Whitepaper

The cost-saving opportunity most health systems overlook

Many hospitals and health systems scrutinize staffing, service lines, and payer contracts for savings. Fewer look at one of their largest assets: real estate.…

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.