Monday, May 30, 2016

Aetna, Texas Health Resources develop a jointly owned health policy

In provider-insurer collaboration, Texas Health Resources and Aetna on the day of Thursday declared the formation of a jointly owned health policy company.

Texas Health brings to the table the contributors along with an investment in the population health management. Aetna has the health policy expertise and analytical insights.

Aetna and Texas Health Resources will equally share ownership and accountability, in accordance to a statement from both agencies.

The partnership is the 1st of its kind in Texas for the agencies, but represents Aetna's 2nd joint venture with a nonprofit health system. Aetna stated that it plans to move 75% of its contracts to value-based care models by the year 2020.

Collaborations between contributors and insurers are becoming more usual as a way to lower costs and the cost of premiums.

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