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Anthem BCBS, Franciscan Alliance to launch ACO in April

Anthem Blue Cross and Blue Shield in Indiana and Franciscan Alliance, a 13-hospital health system, have joined to form an accountable care organization (ACO), Anthem’s first in the state. The ACO, which launches on April 1, seeks to improve efficiency, collaboration, and patient health for its 63,000 members.

Physicians will continue to oversee patient care, including monitoring patient health between visits and ensuring follow up services are provided, while the insurer will pay for the care and share savings received when a patient remains healthy. The expected results are more efficient resource use, lower costs, and increased productivity.

In California, an Anthem-affiliated health plan has seen an increase in some patient preventative screenings and appropriate antibiotic prescription within the first year of its ACO formation.

“This is Anthem’s first commercial ACO partnership in Indiana, and we are very excited that closer collaboration with Franciscan will improve the health of our members and make health care more affordable,” said Robert W. Hillman, President of Anthem Blue Cross and Blue Shield in Indiana, in a public statement.

To read the full release, click here.

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