Dive Brief:
- Baylor Scott & White Health, the largest not-for-profit healthcare system in Texas, is joining the Cleveland Clinic's cardiovascular network.
- The partnership is another example of major academic medical centers coming together to expand their reach. The two systems will host a news conference Thursday with their respective cardiovascular physician leaders.
- The Cleveland Clinic has formed bundled payment contracts with a number of large national employers, and its local affiliations allow it to direct patients to hospitals and physicians that are closest to their homes.
Dive Insight:
Partnerships such as these are becoming more common as the healthcare industry pushes toward population-health management and value-based care models. The collaboration will make Cleveland Clinic more attractive to payers and other stakeholders. Looking toward 2015, we're poised to see a flurry of partnership announcements, as larger operations seek the best team players to form accountable care organizations (ACOs).
Want to read more? You may enjoy this story about the future of Mayo, Cleveland Clinic affiliates: One network to rule them all.