June 19th, 2012

Medica to Pay Mayo Clinic Based on Patient Health Management

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Minnesota nonprofit insurer Medica has created a new arrangement with Mayo Clinic to provide individual members with in-network access to the renowned hospital, which will be paid based on how well it manages certain patients' health. The one-of-a-kind agreement, which was announced Thursday, seeks to provide high-quality care at competitive prices by adjusting the current payment fee-for-service model to instead reward outcomes, MedCity News reported.

 

FierceHealthPayer by Dina Overland

Tags: Business Relations, FierceHealthPayer, high-quality care, MedCity News, Medica, Patient Care, patient health

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