Blue Cross and Blue Defend of Minnesota, Homeward announce value-based care association



Blue Cross and Blue Defend of Minnesota introduced it had entered right into a full-risk value-based care association with hybrid startup Homeward that goals to extend entry for rural Minnesotans. 

The insurer and the agricultural healthcare startup stated Medicare Benefit members in 24 Minnesota counties outdoors of the Twin Cities metropolitan space will be capable of use Homeward’s providers. The corporate presents in-home and community-based appointments in addition to digital care. 

Homeward and Blue Cross stated they’re working to determine sufferers who’ve gaps of their care or aren’t at present receiving providers they want. They plan to broaden Homeward’s providers to further counties as nicely. 

“Our settlement with Homeward is one other necessary step for Blue Cross’ nationally acknowledged Medicare Benefit plans,” Dr. Mark Steffen, senior vice chairman and chief medical officer at Blue Cross and Blue Defend of Minnesota, stated in a press release. “Blue Cross and Homeward will likely be working with native hospitals, clinics and care techniques in every neighborhood to make sure that, collectively, we are able to work to unravel one of many greatest challenges within the healthcare system at the moment. We’re excited for the chance to extend our help for populations and communities which might be in want of extra healthcare sources.”

THE LARGER TREND

Homeward launched nearly a year ago with a $20 million funding from Basic Catalyst. The startup, led by vets from power care firm Livongo, is concentrated on offering care in rural communities, the place residents are at greater risk for poor health outcomes in contrast with their city counterparts. 

Homeward has since partnered with pharmacy chain Rite Aid to attach seniors with medical providers like wellness visits and screenings. It additionally introduced a $50 million Series B round in August, the place it revealed its first value-based care partnership with Precedence Well being in Michigan. 

Final summer time, Homeward CEO Dr. Jennifer Schneider told MobiHealthNews transferring away from fee-for-service cost was essential for healthcare supply in rural areas, significantly when providing providers like distant affected person monitoring. 

“With a view to truly be sustainable and use the care that you want to achieve success in care supply, I believe complete capitation is admittedly the one path ahead in rural markets,” she stated. 

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