Auburndale, Mass.-based Atrius Health, a provider with 32 medical practices, signed a seven-year global payment agreement with Blue Cross Blue Shield of Massachusetts.
Four things to know:
1. Under an advanced alternative payment model, Atrius will receive a global budget for more than 130,000 BCBS of Massachusetts members in commercial, preferred provider organization, health maintenance organization and Medicare plans.
2. This is Atrius Health's and BCBS of Massachusetts' first payment contract featuring full risk for the cost and quality of healthcare for PPO members.
3. The model will focus on developing ways to make care more convenient and accessible for members, offer more population health programs, use more technologies and simplify administrative tasks.
4. Atrius Health and BCBS of Massachusetts began their partnership 10 years ago when Atrius was one of the first providers to join the insurer's Alternative Quality Contract.