The new company, which was incorporated in February, will be placed under the UMass Memorial Health Ventures umbrella, a non-hospital arm of the health system, according to the Worcester Business Journal.
In documents filed with the secretary of state, UMass Memorial Health CEO Eric Dickson, MD, said Central Mass Health will facilitate care through managed care programs, health maintenance organizations and alternative healthcare delivery programs.
To date, there are less than a dozen operating payers in Massachusetts. The UMass Memorial system has over 14,000 employees and donates $200 million to UMass Medical School annually, the article said.
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.
