Providence Joins SCL Health to Form Alliance
May 11, 2015
Partners to Form the Northern Rockies Healthcare Alliance
Billings and Missoula, MT—Providence Health & Services Western Montana and Sisters of Charity of Leavenworth Health System (SCL Health) are pleased to announce a new joint venture to create a coordinated care network in the state of Montana, the Northern Rockies Healthcare Alliance (NRHA).
The NRHA’s vision is to improve the quality and accessibility of health care for the residents of Montana. Through this new statewide network of providers, patients benefit from coordinated care models that offer an improved quality of care, reduced costs, fewer unnecessary hospital visits and a simpler and more connected care experience that is tailored to the needs of the individual patient.
“Providence is more committed than ever to our goal of creating a better model for how health care is delivered in Montana,” explains Jeff Fee, Regional Chief Executive of Providence Health & Services Western Montana. “The formation of the NRHA with our partners at SCL Health brings us one step further on our journey to providing compassionate, comprehensive, quality care that is accessible and affordable to all.”
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Providence Regional Chief Operations & Strategy Officer Mark Wakai continues, “This is an exciting moment for the residents of Montana as we come together to promote population health. Uniting and simplifying health care and the cost of that care is a formula that every organization can stand behind. We are pleased to be leading the movement in Montana.”
As an Accountable Care Organization (ACO), the NRHA will be one of many value-based care delivery models to emerge since the implementation of the federal Affordable Care Act. ACOs are designed to incent a network of providers to deliver integrated care and to meet specific cost and quality targets for designated patient populations.
The NRHA is structured to incorporate other organizations, allowing it to expand services and functions across the state of Montana and other regions served by the participating providers. The NRHA and its participating providers will work with large self-insured employers, associations and payors to create alternative payment models that ultimately deliver better quality and more efficient care at a lower cost to patients.
“The value proposition offered by the NRHA is the ability to drive down an employer’s healthcare spend. This is accomplished by proactively managing their employee’s health to avoid costly procedures and admissions to the hospital,” says Ron Oldfield, VP Finance/Chief Financial Officer, St. Vincent Healthcare.
“We are excited to be participating in a national trend, working within an innovative model, which will help drive down costs and deliver high quality care to the people of Montana,” adds Steve Loveless, Chief Executive Officer, St. Vincent Healthcare.
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