Two Value Health portfolio companies, Healthcare Re and Muve Health, partnered to implement the nation's first reinsurance policy for an at-risk prospective bundle.
The policy covers a 90-day bundle for total hip and knee replacement procedures performed at Muve's total joint replacement locations.
All of Muve's total joint arthroplasty services are provided under prospective risk-based payment arrangements, ranging from acute episodes of care to 90-day bundles.
"Our risk solutions provide payers and self-insured employers the financial peace of mind they need to take advantage of value-based contracts that innovators like Muve Health bring to the marketplace. We understand that providers are uniquely qualified to take on risk in the delivery of value-based healthcare because they have direct interaction with the patient," said Healthcare Re CEO Charles Kano.