Beaumont Health, Oakwood ACO and United Physicians form clinically integrated network

Royal Oak, Mich.-based Beaumont Health, Dearborn, Mich.-based Oakwood ACO and Bingham Farms, Mich.-based United Physicians are teaming up to contract directly with health insurers, employers, small businesses and unions in a joint business venture in which patients would receive healthcare exclusively from Beaumont, according to Crain’s Detroit Business.

Advertisement

The joint venture, called Beaumont Care Partners, is a clinically integrated network that includes eight of Beaumont’s hospitals, outpatient centers and other post-acute care facilities.

The arrangement is intended to “[get] us ready” to contract with customers in a narrow network, which is intended to control costs and utilization and improve quality and patient outcomes, said Bill Isenstein, BCP’s executive director and executive director of the Oakwood ACO, according to the report.

Through a management plan that is still under development, BCP will contract with insurers, employers and other entities in a variety of reimbursement models. Providers will be awarded bonus payments for meeting quality, use, cost and outcome targets, according to the report.

More articles on hospital and physician issues:
AMA, other medical groups seek to lessen requirements on disclosing industry ties
19 Texas hospitals receive $9.5M to expand healthcare workforce
400 physicians cut ties with Partners for crosstown rival: Tufts

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 Integration & Physician Issues

Advertisement

Comments are closed.