Introduction to the Partnership
Blue Cross and Blue Shield of Minnesota, the largest nonprofit health insurer in the state, has partnered with Herself Health, a leading healthcare provider for women aged 65 and above. This collaboration aims to improve healthcare outcomes for senior women in the Twin Cities through a new network contract structure.
Value-Based Agreement
The agreement shifts from a traditional fee-for-service model to a value-based approach, prioritizing patient outcomes over the volume of services rendered. This change, effective retroactively from January 1, 2024, emphasizes preventive care and effective management of conditions, aiming to reduce unnecessary medical expenses and make healthcare more affordable.
Focus on Senior Women
Herself Health is dedicated to addressing the unique healthcare challenges faced by senior women, integrating physical and behavioral health into care programs. The approach covers critical areas like mental health, dementia, heart disease, arthritis, and osteoporosis, which disproportionately affect women.
Commitment to Innovation
Both organizations are committed to healthcare innovation, setting new industry benchmarks for integrating advanced healthcare models. The collaboration aims to enhance access to comprehensive care for women 65+, with a focus on Medicare Advantage members.
Why is This Important?
Senior women have been historically underserved in healthcare. This partnership is crucial in providing specialized care that addresses their specific needs, ensuring high-quality, personalized care plans and a welcoming atmosphere.
Conclusion
Blue Cross and Herself Health’s collaboration marks a significant step towards a more inclusive healthcare future. By focusing on value-based care, they aim to empower and improve health outcomes for women aged 65 and older, ensuring both organizations stay aligned with the evolving healthcare landscape.
Learn More
For more information, visit Blue Cross and Blue Shield of Minnesota and Herself Health.
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