Datapoint: Elevance’s New York Subsidiary, Catholic Health Team Up on Value-Based Care
Empire BlueCross BlueShield and Rockville Center, N.Y.-based health system Catholic Health are partnering on a new multi-year value-based care initiative that will establish new care delivery models with the goal of lowering the overall cost of care. “Our partnership with Empire BlueCross BlueShield helps us to proactively identify opportunities to reduce the costs of care while improving patient health,” Julie Kapoor, senior vice president, revenue management and managed care at Catholic Health, said in a statement. “The signing of this agreement will allow us to stay focused on the delivery of exceptional care while also improving access to affordable health services on Long Island.” Empire Blue’s parent company, Elevance Health, is the largest insurer in New York, serving 4,303,825 members.
Source: AIS’s Directory of Health Plans