Leaders of hospitals across America struggling to remain independent would do well to watch the Value Care Alliance in Connecticut, a collaboration of six hospitals whose leaders seek to maintain institutional independence by, among other things, saving money through such methods as consolidating supply chains. Their aim is to provide very cost-efficient, community-focused care.
VCA member institutions are doing many of the same things that big urban and teaching hospitals do, such as accountable care organizations; population-health initiatives recognizing the crucial social determinants of health; boosting patient engagement, and bundled payments, even as they seek to minimize “leakage” of well-insured patients to such nearby teaching hospitals as Yale New Haven.
VCA is a grand experiment that provides some hopeful models for community-hospital independence. We got a sense of this in a recent visit to VCA headquarters, in beautiful Griffin Hospital, in Derby, Conn.
To learn more, please hit this link.
The old-fashioned Aetna headquarters in Hartford.
Hartford, Conn.-based health insurer Aetna plans to market a co-branded Accountable Care Organization with Hartford Healthcare and the seven-hospital Value Care Alliance.
Plan participants will pay lower costs for receiving care from Hartford Healthcare and Value Care Alliance’s total of 13 hospitals, with their more than 3,500 doctors and 39 emergency-room and urgent -care locations.
James Cardon, M.D., chief clinical integration officer for Hartford Healthcare, “This agreement is one more advance in our shift from fee-for-service care, where physicians are paid for the number of things they do, to value-based care, where physicians and other providers are paid for the quality of care they deliver.”
Hospitals in the ACO will be Griffin Hospital, in Derby; Middlesex Hospital, in Middletown; St. Vincent’s Medical Center, in Bridgeport; Danbury Hospital; New Milford Hospital; Norwalk Hospital; Hartford Hospital, The Hospital of Central Connecticut, Southington and New Britain; Midstate Medical Center, in Meriden, William H. Backus Hospital, in Norwich, and Windham Hospital.