Provider-owned health plans are becoming more common and offer a variety of clinical and financial advantages. Network Health has served Wisconsin for more than 35 years and is owned by two of the highest quality local health systems – Froedtert and the Medical College of Wisconsin health network and Ministry Health Care, part of Ascension Wisconsin.
“We’re owned by the same provider systems caring for our members,” said Network Health President & CEO Coreen Dicus-Johnson. “We are a Wisconsin company where our employees live and work in the communities we serve. Our primary goals are to improve the health and the affordability of health care in these communities. We, along with our owners, are focused on putting members and patients first.”
For members and patients, there are several benefits that come with having a provider-owned health plan. These include:
- Direct collaboration between health plans and providers means less duplication, fewer unnecessary health care services and lower costs
- Clinical integration leads to higher quality care that’s safe, timely and patient-focused
Employer groups also benefit from having a provider-owned health plan. These groups benefit from:
- Consistent, high-quality care provided to employees
- Lower costs due to better communication and less duplication between health plans and providers
- An engaged and productive workforce that takes fewer sick days
Provider-owned plans often result in improved clinical integration, which benefits both member and employer groups.
“At Network Health, we can be more flexible and responsive because we partner with our owners and other local provider systems to take collaboration a step further,” Dicus-Johnson says. “We’ve customized our processes so patient updates are made in both the health plan and provider systems. Also, our providers know which patients are Network Health members and they make sure our members are getting in for the care they need, like annual visits and preventive screenings.”
Being local means Network Health understands the communities it serves.
“We know our community and we understand the challenges our customers face,” Dicus-Johnson says. “When you consider the current state of the health care market and how much has changed in the past 10 or 20 years, one thing stays constant and that is we continue to provide stability and superior levels of local expertise that our customers have come to know and trust.
To learn more about the benefits of provider-owned health plans, visit networkhealth.com.