Nineteen independent rural Minnesota hospitals and more than 50 clinics have joined the Headwaters High-Value Network in its launch as a clinically integrated network.
The collaborative clinical and business initiative has the goal of strengthening healthcare in rural communities for more than 750,000 Minnesotans.
Anna Basevich, Arcadia’s SVP of Enterprise Partnerships & Customer Enablement, said CINs are beneficial to value-based arrangements.
”For example, a joint data asset informs CIN and health system strategy, positioning organizations to better understand their populations and informing entry into value-based care arrangements – and, importantly, the performance management of those contracts,” Basevich said. ”Armed with data and combined market share, CINs are well-positioned to negotiate with payers, resulting in favorable contracts that improve financial sustainability, enabling practices to keep their doors open and invest in quality improvement initiatives to provide better care to their populations.”