New Market Gives More Providers Opportunity to
Participate in Value-Based Care Programs
TAMPA,
Fla., May 28, 2024 /PRNewswire/
-- Collaborative Health Systems (CHS), a management
services organization for providers and wholly owned subsidiary of
Centene Corporation (NYSE: CNC), recently announced expansion
into a new market, offering providers in Virginia an opportunity to join Chesapeake
Independent Physician Association (CIPA) to drive greater
collaboration around value-based care.
CIPA, managed by Collaborative Health Systems and operating in
Maryland since 2018, includes more
than 150 provider groups and two Medicare Shared Savings Programs
(MSSP), Medicare Advantage (MA) plans, and several commercial
health plan programs. The IPA also offers participating practices
the benefits derived from belonging to a larger group, including
improved Medicare Fee-For-Service rates, value-based programs
offered by health plans and financial incentives.
"This is an exciting step in our business initiatives and growth
efforts to align with providers who are focused on succeeding in
value-based care," said Anthony Valdés, president of Collaborative
Health Systems. "We look forward to welcoming new providers into
our network."
Practices that participate in CIPA have a trusted partner that
can offer tools and resources to coordinate care, engage with
patients and provide administrative support. Other participation
benefits include working alongside healthcare providers who have a
vested interest in value-based care, reducing practice costs,
improving operational efficiency, increasing practice revenue and
achieving greater patient health outcomes.
For more information about Chesapeake Independent Physician
Association, click here.
About Collaborative Health Systems
(CHS)
Collaborative Health Systems (CHS) is a management
services organization that partners with independent primary care
physicians as they move to value-based models. Its core belief is
that primary care physicians are in the best position to influence
the quality and cost of healthcare. CHS provides comprehensive
support for its physician partners by providing management
services, risk contracting and population health capabilities,
including actionable data and other tools, to deliver care
coordination and closure of gaps in care. CHS provides additional
services to secure and deliver favorable value-based contracts with
commercial and other health plans. CHS currently manages four REACH
ACOs, six MSSP ACOs, three Independent Physician Associations and a
Care Transformation Organization. CHS additionally contracts with
private payers to help its providers expand their participation in
value-based care across lines of business such as Medicare
Advantage. CHS is a wholly owned subsidiary of Centene Corporation,
a leading healthcare enterprise committed to helping people live
healthier lives. For more information, visit
www.CollaborativeHealthSystems.com.
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SOURCE Collaborative Health Systems