Philadelphia-based Rothman Institute partnered with Independence Blue Cross, according to Philly.com.
Here are four insights.
1. The partnership makes Rothman Institute the first large, independent physician group to affiliate with Independence Blue Cross' health networks model.
2. For the next five years, Rothman Institute and Independence Blue Cross will expand bundled payment arrangements.
3. Independence Blue Cross is designed to encourage collaboration between hospitals and physicians who provided services to Independence insurers.
4. The University of Pennsylvania Health System and Jefferson Health, both in Philadelphia, have signed agreements with Independence Blue Cross.