Five health systems in Maryland will form an ownership organization that governs their 10 combined hospitals, according to an article on the Healthcare Finance website.
Maryland recently announced plans to tie reimbursement rates to the size of populations covered by health networks.
The Advanced Health Collaborative will include Adventist HealthCare, LifeBridge Health, Mercy Health Services, Peninsula Regional Health System and the Trivergent Health Alliance and will create cost sharing and patient care programs across the network, essentially a population health model.
Maryland’s “all-payer” model is intended hasten the move from fee-for-service to value-based payment since health systems receive a preset reimbursement based on patient population size.
Upward Mobility: Market Forces Drive Hospitals Higher
Georgia Hospital Bomb Hoaxes Highlight Need for Healthcare–Police Partnerships
MUSC Health Celebrates Groundbreaking for Nexton Hospital and Ambulatory Cancer Facility
Mattresses Require Strict Care to Prevent Spread of Infections
Gardner Health Services Opens Alum Rock Health Center