VIable
HLCCompendium
HLCCompendium
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
NDHI<br />
NAT IONAL DIALOGUE FOR<br />
Healthcare Innovation<br />
Jointly-Owned Health Plan<br />
Company with Aetna<br />
Organization Overview<br />
• Texas Health Resources is one of the largest faithbased,<br />
nonprofit health systems in the United States,<br />
which owns, operates, or otherwise affiliates with<br />
25 acute-care and short-stay hospitals<br />
• Texas Health had over 160,000 inpatient stays and<br />
over 1.5 million outpatient encounters in 2015<br />
• Aetna is a healthcare benefits company serving 46.5<br />
million people nationally, and offering a range of<br />
traditional and innovative health insurance products<br />
and related services<br />
Background<br />
The shift in the American healthcare landscape toward<br />
value-based care has resulted in increasing cost and<br />
quality pressures, creating demand from employers<br />
and consumers for new solutions to modernize the<br />
healthcare system. In this new healthcare economy,<br />
both Texas Health Resources and Aetna are committed<br />
to developing value-based care models that improve<br />
outcomes, lower costs, and enhance patient experience.<br />
To this aim, Texas Health Resources and Aetna have<br />
created a jointly-owned health plan company that will<br />
focus on improving quality and affordability of care,<br />
as well as enhancing the consumer experience. Both<br />
partners will share equal accountability for the health<br />
plan members, aligning incentives in order to reduce<br />
unnecessary costs and improve quality of care.<br />
Collaboration Details<br />
The jointly owned health plan company will leverage<br />
Aetna’s experience in health benefits administration<br />
and Texas Health’s commitment to population health<br />
management to achieve a shared goal: delivering<br />
integrated, high-quality health care experience — from<br />
health plan enrollment and hassle-free billing to preventive<br />
care and state-of-the-art medical interventions<br />
— at more than 350 access points across North Texas.<br />
The collaboration drives forward Texas Health’s evolution<br />
from an acute-care hospital system to a value-based<br />
healthcare system, leveraging its recently<br />
developed integrated care network: Southwestern<br />
Health Resources. The joint venture also aligns with<br />
Aetna’s goal of shifting 75% of its healthcare contracts<br />
to value-based payment models by 2020.<br />
As part of the joint venture, the partner companies are:<br />
• Forming a physician-led network to manage care<br />
coordination, which will feature Southwestern Health<br />
Resources and offer:<br />
––<br />
27 acute-care hospitals<br />
––<br />
70 outpatient facilities<br />
––<br />
350 community access points<br />
––<br />
Over 500 physicians, through the Texas Health<br />
Physicians Group<br />
An Initiative of the<br />
39 |<br />
Jointly-Owned Health Plan Company with Aetna