Calif. Hospitals, Insurer Join Forces To Make New Health System
Some say the move, which will include UCLA Health and Cedars-Sinai, is aimed at Kaiser Permanente and is being made to hold down health costs.
The New York Times: Hospitals And Insurer Join Forces In California
In a partnership that appears to be the first of its kind, Anthem Blue Cross, a large California health insurance company, is teaming up with seven fiercely competitive hospital groups to create a new health system in the Los Angeles area. The partnership includes such well-known medical centers as UCLA Health and Cedars-Sinai (Abelson, 9/17).
Los Angeles Times: New Anthem Blue Cross Plan Takes On Kaiser
Taking aim at HMO giant Kaiser Permanente, insurer Anthem Blue Cross is joining forces with several big-name hospitals and their doctors to create an unusual health plan option for employers in Southern California. The joint venture being announced Wednesday brings together seven rival hospital groups in Los Angeles and Orange counties, including well-known institutions Cedars-Sinai Medical Center and the UCLA Health System. The deal reflects the pressure insurers and hospitals alike are facing to hold down health care costs for employers and their workers (Terhune, 9/16).