Independence Blue Cross and Doylestown Hospital reach four-year agreement
Philadelphia, PA - December 6, 2011 - Independence Blue Cross (IBC) and Doylestown Hospital announced that they have signed a new four-year contract that includes IBC's progressive hospital/physician incentive program, which is designed to help improve quality of care and lower costs for health care consumers. The extended contract continues to provide covered benefits for IBC's members at Doylestown Hospital and is IBC's longest incentive-inspired agreement to date. The terms of the agreement began December 1, 2011 and run through October 1, 2015.
"Independence Blue Cross and Doylestown Hospital share a genuine commitment to the health and well-being of the community, as well as a strong desire to collaborate on a model of integrated care designed to provide better coordinated, higher quality, and more cost-effective treatment for our members and their patients," said Daniel J. Hilferty, president and CEO of Independence Blue Cross. "This relationship allows us to provide continued access to a first-rate facility that has been recognized locally and nationally for its patient safety and experience and its cardiovascular, stroke, and maternity care."
"Doylestown Hospital and our more than 420 medical and professional staff members stand committed to continue to provide a responsive and healing environment for our patients throughout suburban Philadelphia and beyond," said Richard Reif, CEO, Doylestown Hospital. "We are proud to continue our strong partnership with Independence Blue Cross, and we look forward to working together to continue to deliver safe, reliable, high-quality care in our community."
IBC's Integrated Provider Performance Incentive Plan (IPPIP) provides financial incentives to hospitals and their affiliated physicians for delivering improved performance when compared to their historical baseline. The year-old program ensures that patients receive more coordinated primary care and enhanced quality with efficient utilization of health care costs.
"Our IPPIP program fosters a greater level of integration between hospitals and physicians while recognizing and rewarding them for reducing hospital acquired infections and readmissions and for delivering better health outcomes," said Doug Chaet, senior vice president of contracting and provider networks at Independence Blue Cross.
Doylestown Hospital joins Jefferson, Holy Redeemer, Abington Health, and Crozer-Keystone in committing to IBC's enhanced care incentive plan.
About Doylestown Hospital
Doylestown Hospital is a regional healthcare leader with 247 licensed beds providing comprehensive, community-focused healthcare serving patients and families in the northern suburban communities of Philadelphia, including Bucks and Montgomery Counties in Pennsylvania and Hunterdon and Mercer Counties in New Jersey. The Hospital, along with Pine Run Community, Lakeview by Pine Run and V.I.A. Affiliates, comprise the V.I.A. Health System.
About Independence Blue Cross
Independence Blue Cross is a leading health insurer in southeastern Pennsylvania. Nationwide, Independence Blue Cross and its affiliates provide coverage to nearly 3.1 million people. For 73 years, Independence Blue Cross has offered high-quality health care coverage tailored to meet the changing needs of members, employers, and health care professionals. Independence Blue Cross's HMO and PPO health care plans have consistently received the highest ratings from the National Committee for Quality Assurance. Visit us at ibx.com. Fan us on Facebook. Follow us on Twitter@ibx.