Here’s what you need to know.
1. Senior Vice President for Value Partnerships David Share told HealthPayersIntelligence the move has changed the way BCBS handles its customers; treating them more like full partners than “passive recipients of insurance.”
2. Direct engagement is crucial in any value-based model. Investing in patient-centered tools helps to increase physician-patient engagement.
3. The insurance company recently launched a personal choice value-based product it’ll be tweaking in the coming months to help define “value more broadly.”
The company is developing methods to better tier the organized system and vary number liability to attract more members.
4. The insurer will attempt to expand its patient-centered medical home model in the coming year.
More articles on coding, billing and collections:
Premium hikes will impact 8.4M Americans — 4 key notes
Columnist: Despite efforts from the feds, millennials staying away from ACA: 4 things to know
Cigna net profits nosedive as merger costs add up: 5 takeaways
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.