January 6, 2023 – Intermountain Healthcare (Salt Lake City, UT) and UCHealth are forming a new partnership to develop a clinically integrated network (CIN) with comprehensive patient resources.
The CIN aims to accelerate the transition to value-based care in the state by improving care coordination and providing higher-quality health care for more than 300,000 residents at lower costs.
The venture will bring together 700 primary care physicians and hundreds of clinics and hospitals across Colorado, with support from specialists throughout the state and help bring a new health insurance option to Coloradoans.
The two health systems will remain separate and independent, and the CIN will be operated as an independent company. The two organizations expect their current contracts and relationships with insurance plans to continue as they work with all providers to improve quality and reduce costs.
Initially, Intermountain Health’s Colorado Quality Care Network and UCHealth’s Coordinated Care Colorado network will be brought together to create the joint venture CIN; other affiliated Colorado CINs/provider networks may join the venture in the future, the IDNs said in a press release.
The partnership will also support health insurance products and programs offered through SelectHealth, which will provide Medicare Advantage and Individual ACA (Affordable Care Act) plans beginning on January 1, 2024.
SelectHealth, a subsidiary of Intermountain Healthcare, is a nonprofit health plan serving more than one million members in Utah, Idaho, and Nevada.
“The CIN will treat SelectHealth just like all payers here. Any plan that aligns with the CIN’s goals of ensuring a better patient experience and health outcomes while lowering costs will be considered a valuable partner,” said Mark Korth, Intermountain Health’s regional president. “UCHealth and Intermountain look forward to the next evolution to our value-based care approach.”