UnitedHealth Group and its health services subsidiary Optum are undertaking a new effort to combine health insurance and medical care, according to Forbes contributor Bruce Japsen.
UnitedHealth and Optum launched the package, called the SignatureValue Harmony Network, Jan. 1, 2019. The accountable care platform serves 1.5 million people in five Southern California counties, Optum CEO Andrew Witty said, according to Forbes.
"With our geographic presence and integrated open system of care, we recently co-created with UnitedHealthcare a distinctive product called Harmony that provides a seamless experience by uniting care and coverage, achieving 20 percent savings for people as compared to UnitedHealthcare's comparable coverage offerings," Mr. Witty said during UnitedHealth's third-quarter earnings call.
SignatureValue Harmony's physician network includes providers from UnitedHealth's OptumCare, in addition to providers from El Segunda, Calif.-based HealthCare Partners; Sharp HealthCare in San Diego; and UC San Diego Health.
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