Montefiore Medical Center in New York City has expanded its contract with insurer EmblemHealth to explore an accountable care arrangement, according to a Crain’s New York Business report.
Both parties renewed their agreement for an additional three-year term, effective Jan. 1. Through the agreement, Montefiore will continue to manage care for 90,000 EmblemHealth members through its Care Management subsidiary.
As part of the agreement,, Montefiore will explore arrangements for EmblemHealth’s fee-for-service patient population among the lines of an ACO. The contract commits the parties to launch projects that improve quality and cut healthcare costs, according to the report.
Read the Crain’s New York Business report on the ACO arrangement between Montefiore Medical Center and EmblemHealth.
Read more about ACOs:
– CEO: ACO May Help Wyoming Medical Center Beat Competition from Out-of-State Hospitals
– 8 Aspects of UnitedHealthcare’s Plans to Fund an ACO at Tucson Medical Center
