The deal will add three hospitals, 60 primary care providers and 246 specialists to Centura’s 220,000-member network.
Banner Network Colorado and Centura Health have signed a deal to enter a provider network agreement that will join BNC’s three hospitals, 60 primary care physicians and 246 specialists with Centura’s clinically integrated network.
Under the deal, Centura, based in Greeley, Colorado, and BNC, based in Centennial, Banner providers can access FullWell, Centura’s collaborative population health resource that provides tools and competencies to CHN network providers.
Centura, which is jointly owned by Catholic Health Initiatives and Adventist Healthcare, has 17 hospitals, 1,400 primary care providers and more than 2,800 specialists who provide care to more than 220,000 lives through its Colorado Health Neighborhoods clinically integrated network.
“We’re excited to welcome Banner Network Colorado to Colorado Health Neighborhoods,” said Peter D. Banko, President and CEO of Centura Health, in a press release. This agreement enhances access to health services along the Front Range for our ACO members, and supports our journey in meeting the needs of the thriving communities we serve.”
Through so-called clinically integrated networks, doctors, health systems and other providers can negotiate jointly with payers on reimbursement arrangements.
They generally provide a framework for streamlining care delivery and making it more efficient, and represent ways for entities with a variety of ownership structures to work together without asset transfer. They must show that they improve quality and efficiency and share patient clinical and financial data.
“We are fortunate to have found a well-aligned partner in value-based care,” said Margo Karsten, Chief Executive Officer for Banner Health in Northern Colorado.
BNC will also work with Centura Health Employer Solutions, which offers direct-to-employer agreements for self-insured employers and has a membership of more than 30,000 covered lives.
Philip Betbeze is the senior leadership editor at HealthLeaders.