Blue Shield Forms ACO With Newport Beach Health Groups
Last week, Blue Shield of California announced that it willÂ partner with Newport Beach-areaÂ healthÂ groupsÂ Hoag Memorial Hospital Presbyterian and Greater Newport Physicians to establish an accountable care organization. Starting July 1, the new ACO will provide bundled payments to Hoag and Greater Newport inÂ an effortÂ to reduce the cost of health premiums for 11,000 Blue Shield enrollees. The ACO will operate for at least three years.
- "Blue Shield Enters Into Another ACO" (Payers & Providers, 3/1).