Anthem and Blue Cross and Blue Shield announced on Wednesday that they reached a multi-year agreement on the renewal of their contract with Yale Medicine.
In a press release, Anthem said the new agreement will “broaden their relationship by implementing new approaches to managing cost and quality that provide incremental value to our mutual constituents.”
Anthem said the arrangement will “create a tighter integration that will promote more proactive and coordinated management of Yale Medicine’s patients across the care continuum.”
“We are pleased our members will continue to have access to Yale Medicine’s providers,” said Jill R. Hummel, president, Anthem Blue Cross and Blue Shield. “We are particularly excited by this new arrangement because of its focus on patient centered care and value based payment. This collaboration presents an excellent opportunity for Anthem and Yale Medicine to work together to improve patient health and outcomes while reducing the costs associated with avoidable admissions and services. When providers are given the tools and resources they need to focus on prevention, wellness and the coordination of care, and are rewarded when they improve health, it’s a recipe for success.”
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