Cleveland Clinic Partners with Akron General
"Remember, about 65% of the Clinic's revenues come from eight surrounding counties and we are one of them. They can't afford to lose this market in Summit County, No. 1. And UH is here and they have to compete against them."
Huston says Cleveland Clinic already sees many patients from Akron, which is only 35 miles away. "When we think about our service area, Akron is just core to our service area," she says. "It is a very natural relationship for us to have, to formalize it and continue to grow services, programs, access in that market together."
Both health systems played up the opportunity for physicians in Akron to participate in Cleveland Clinic's Quality Alliance, which fosters collaboration between independent and employed physicians to improve quality of care, reduce costs and increase efficiency, and provide access to expertise, data and experience.
However, Stover says there will be no attempt to impose Cleveland Clinic's employed physician model on private practices affiliated with Akron General.
"Most of our compensation models are revenue minus expense, pretty similar to what we did in private practice," he says.
- EHR Systems 'Immature, Costly,' AMA Says
- Anthem Blue Cross, 7 CA Health Systems Create New Challenger, Business Model
- Interstate Medical Licensure Effort Advances
- Data Points to Boom in Private HIX
- Few Winners Among MSSP Participants
- Better HCAHPS Scores Protect Revenue
- How to Build a Health Plan from Scratch
- Technology Lights Up Health Innovation Forum
- Insurers see cost hikes in Partners HealthCare (MA) mergers
- Malnourishment 'Epidemic' Plagues Hospitals? Really?