Insurers Reveal 2012 Roadmaps
WellPoint
In 2011 WellPoint launched it a value-based contracting initiative that links hospital payment increases to customer value. It introduced a similar program for physicians in 2012.
It has several ACO pilot and medical home programs that involve more than 100,000 members and more than $240 million in shared savings. The medical home program in Colorado posted an 18% decrease in acute inpatient admissions over the first 2 years and a 15% reduction in emergency room visits. In the first year of its ACO partnership with the Dartmouth-Hitchcock Medical Center in New Hampshire, inpatient admissions and avoidable ER visits declined.
WellPoint operates 29 CareMore care centers and expects to open several more this year to serve the acutely ill population.
The insurer's 2012 plan includes about $700 million of business investments, including medical management programs, payment reform models, and the IBM Watson initiative. Implementing ICD-10 will cost almost $100 million by itself. By the end of the year, WellPoint expects to have 96% of its membership on the platforms that will be ICD-10-compliant.
Margaret Dick Tocknell is a reporter/editor with HealthLeaders Media.
- Healthcare Leaders Seek Strategic Sweet Spot
- 3 Reasons Wellness Programs Fail
- CMS Issues Health Insurance Exchange Proposed Rules
- Patients Shoulder Nearly 25% of Medical Bills
- ACOs Widespread, Yet Challenged
- MGMA: Physician Compensation Increasingly Based on Quality Measures
- Healthcare Costs 'An Abomination' Says Senate Finance Committee Chair
- Healthcare Consolidation: M&A Not the Only Way
- 6 CNO-to-CEO Strategies
- PwC: Pace of Rising Medical Costs Slowing

Comments are moderated. Please be patient.