How Allina, Blue Cross define the 'value-based' trend sweeping the health care industry
[Star Tribune, September 27, 2020]
A new deal between Allina Health and Blue Cross and Blue Shield of Minnesota may be a long-promised fix to incentives in health care that create higher costs without making people better.
In health care jargon, the fix is called value-based care, a term that’s close to meaningless to an industry outsider.
The idea is that Allina will get a significant amount of its revenue based on how well it keeps 130,000 members of Blue Cross and Blue Shield of Minnesota healthier, as opposed to the volume of services provided.
Read the full story online at www.startribune.com.
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