Torrance Memorial joins six regional hospital systems to offer a first-of-its-kind
Anthem Blue Cross and seven top hospital systems have partnered to offer
Anthem Blue Cross Vivity, an integrated insurance product, in Los Angeles
and Orange counties. This is a first-in-the-nation partnership between
an insurer and seven competing hospital systems that will align to enhance
the health of all Anthem Blue Cross Vivity members and also share financial
risk and gain.
The seven hospital systems, which all have hospitals ranked in the top
30 in Los Angeles County by
U.S. News & World Report, are Cedars-Sinai, Good Samaritan Hospital, Huntington Memorial Hospital,
MemorialCare Health System, PIH Health, Torrance Memorial Medical Center
and UCLA Health.
Vivity continues the move away from traditional fee-for-service reimbursements
that may incentivize increasing the volume of medical procedures performed
by providers, and continues the trend of moving toward a structure that
financially rewards activities to keep patients healthy. Anthem Blue Cross
Vivity will provide members with a simpler experience and convenient access
to some of the best primary care doctors, specialists and hospitals in
the region at an affordable price.
When Vivity members go to the doctor, have a medical procedure or pick
up a prescription, all they pay is their co-pay. They won’t have
to worry about meeting deductibles or deciphering complicated medical bills.
CalPERS, the nation’s second-largest purchaser of health benefits
and an early adopter of health care system innovations, has already agreed
to use Vivity network doctors and hospitals within their Select HMO network
in Los Angeles and Orange counties. This plan will be available to employers
with 50 or more employees this fall with coverage starting on January 1, 2015.