Blue Cross and Blue Shield of North Carolina (Blue Cross NC) and Caravan Health are working together to support the expansion of Blue Premier, Blue Cross NC’s value-based care program, to more areas of the state. The two companies will establish a new accountable care organization (ACO) that will work with community and rural hospitals to bring the benefits of value-based care to their communities.
The ACO will enable more North Carolina health systems to collaborate with Blue Cross NC and Caravan to provide high-quality, cost-effective care as part of Blue Premier. Under Blue Premier, participating providers and Blue Cross NC are jointly accountable for meeting quality and cost measures. Additionally, the ACO will bring the benefits of value-based care for patients — including improved quality and better-coordinated care — to North Carolinians who don’t live near a major hospital already in Blue Premier.
Providers in the Blue Premier ACO will mitigate their risk through Caravan’s risk-sharing solution, which focuses on practice transformation and achieving quality goals. They also will have access to Caravan’s methodologies and resources to help them measure and improve quality. These resources include enhanced data analytics, patient engagement technologies and accountability tools, and on-the-ground support from a regional team.
The Caravan Health and Blue Cross NC teams plan to launch the ACO in January 2021. North Carolina hospitals interested in participating may contact a Caravan Health representative to learn more at caravanhealth.com/contact.
For more details, read the Blue Cross NC press release.