December 6, 2013

BCH, Cigna try ‘pay for value’ to cut costs

You may have noticed that many hospitals and health-care providers are looking for more ways to keep patients healthy and to lower medical costs.

A new collaboration between Boulder Community Hospital and Cigna Corp. (NYSE: CI) insurance company is a good example.
Cigna plans to pay doctors a set amount every month for each member insurance patient, according to Vroom. Without giving financial details, Vroom said the amounts paid will vary among doctors who see Cigna patients, depending on location and by practice.

Cigna’s goal with the Boulder Community Hospital program is to create something that works similar to the Accountable…

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