Florida Hospital, Health First to Create Health Plan
In a joint venture, Florida Hospital Healthcare System and Health First Health Plans will partner to form a commercial health plan in Central Florida. The coverage area will include Tampa, Orlando, and Daytona Beach.
Mike Schultz, President and CEO
Adventist Health System Florida Region
Florida Hospital and Health First Health Plans are partnering to create a commercial health plan that will serve 10 counties across Central Florida.
The new plan, which is expected to be operational on the state's health insurance exchange by mid-2014, will be a joint venture between Florida Hospital Healthcare System, which administers employee health insurance for Florida Hospital, and Health First's Brevard County, Florida subsidiary. A formal agreement is expected to be in place by the end of 2013.
Mike Schultz, president/CEO of the 23-hosptial Adventist Health System Florida Region, says the joint venture creates an opportunity to improve patient outcomes while attempting to contain the unsustainably high medical inflation.
"Florida Hospital's footprint is pretty big in Central Florida, so we believe we have the size that can have a positive impact on the medical spend," Schultz says.
- ICD-10 Delay Alters Provider, Vendor Prep
- Providers Lag as Consumers Set Agenda
- Payment Reform Naysayers 'Better Wake Up'
- As Hospitalist Patient Loads Rise, So Do Hospital Costs
- Crisis Spurs Healthcare Payment Reform in Arkansas
- HIT Leaders Want Flexibility, Transparency from Next HHS Chief
- Esther Dyson Launches Population Health Challenge
- Reduce Readmissions by Activating Patients to Do 'Self-Care'
- Advance Directives: Let's Make a Law
- Hire Care Coordinators Strategically