The Eagan, Minn.-based payer said the value-based contract resulted in total care costs that were 10 percent lower than average for the Minneapolis-St. Paul oncology market.
The agreement first went into effect in fall 2019. BCBS said care coordination efforts as part of the initiative led to fewer emergency room visits and inpatient admissions.
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.
