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McKesson partners with BCBS of Arizona in value-based care initiative
McKesson Business Performance Services has partnered with Blue Cross Blue Shield of Arizona (BCBSAZ) to help health care providers successfully transition to the value-based payment model. BSBSAZ and McKesson have worked together to create ACO Partner, which is a payor-neutral company that works with payors, providers, and patients to create value-based care models.
“As the nation’s largest health care company, McKesson is fortunate to have an enormous pool of highly skilled individuals who have developed a very practical understanding of the tools and skills providers need today to be successful,” Pat Leonard, president of McKesson Business Performance Services, said in a statement.
ACO Partner will contract with other payors and provider groups around the U.S. in the near future. It plans to bring patients, providers and payors together across the whole care continuum through various services and technologies.
As part of the partnerships, the provider organizations will have access to a full spectrum of value-based services including strategic management, analytics, physicians, network development, care coordination, care navigation and patient engagement. McKesson believes the services will help to ease their burden as they become active participants in value-based care.
ACO Partner will help payors by supporting improved outcomes and cost efficiencies by educating patients about high-quality and lower-cost care and bettering coordination and collaboration between physicians. It will also provide analytics to support them as they collaborate with provider networks to improve care quality, reduce unnecessary medical spend, manage population risk and support population health management.
Patients will benefit through the companies' attempts to strengthen outcomes and reduce out-of-pocket expenses. BCBAZ currently provides coverage for over 1.5 million residents of Arizona.