Detroit Medical Center, BCBS sign value-based reimbursement contract

Detroit Medical Center and Blue Cross Blue Shield of Michigan will collaborate on a value-based reimbursement model for the eight-hospital system.

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Under the model, DMC will tie a large portion of its reimbursement to quality measures. These measures include decreasing duplicate services, hospital readmissions and emergency visits.

The new payment model aims to improve patients’ health, increase hospital-physician alignment and lower healthcare expenses. Eighty percent of Detroit-based BCBSM’s payment contracts are linked to value-based arrangements.  

More articles on payer issues:
Hartford HealthCare, Aetna reach in-network deal
Augusta Health to terminate in-network contract with Anthem
Sanford Health, HealthPartners team up for Medicare plans

At the Becker's 5th Annual Fall Payer Issues Roundtable, taking place November 2–3 in Chicago, payer executives and healthcare leaders will come together to discuss value-based care, regulatory changes, cost management strategies and innovations shaping the future of payer-provider collaboration. Apply for complimentary registration now.

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