![]() The payvider model has gained so much steam lately as a way to diversify financial risk while transitioning toward value-based care that nearly 6 out of 10 health systems expressed an intent to start their own health plans, according to a survey in 2021. As a result, health systems are now eyeing the payvider model with renewed rigor as a way to stay competitive while offering improved quality, convenience and lower-cost care to members. ![]() In recent years, however, giant corporations such as Amazon, CVS, Walgreens, and Walmart have aimed to disrupt health care and large payers, such as Aetna and Humana, are moving into the primary care space. The concept of a payvider isn't new Kaiser Permanente, for instance, has championed the model with great success for decades. The long-standing walls that once clearly separated the roles between health providers and payers are crumbling as innovation and current market conditions give way to what many are now calling the "payvider" model.Īlthough "payvider" doesn't exactly roll off the tongue particularly well, the trending term - a combination of the words payer and provider - captures the momentum with which large health systems are increasingly establishing their own health plans and payers are acquiring or moving into care delivery. ![]()
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