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Three of the nation?s leading Blue health plans, Highmark, Horizon Blue Cross
Blue Shield of New Jersey (Horizon),
and IBC, along with health IT provider Lumeris Corp., announced they have
closed their transaction and finalized their
arrangement to acquire NaviNet?. Terms of the acquisition were not
disclosed.
?This new partnership is a great example of forward-thinking organizations
working together to generate positive change,
leverage the most modern technology, and activate the brightest minds in our
industry,? said Daniel J. Hilferty, president
and CEO of IBC. ?By acquiring NaviNet together, we are taking an important step
toward transforming the delivery of
health care in our country.?
Through the new partnership, NaviNet will leverage its real-time communication
network and Lumeris? accountable
care delivery platform to drive the adoption of new accountable care models
throughout the country. All over the nation,
health plans, including Highmark, Horizon, and IBC, are developing new
value-based payment models that reward
physicians for highly coordinated, high-quality, more cost-effective care. The
integration of NaviNet and Lumeris?
capabilities will allow plans to develop next generation accountable care
delivery systems to contain costs and improve
quality, while continuing to handle administrative transactions easily and
efficiently.
Provider access to the NaviNet web portal will remain unchanged, and the
services, workflows, and transactions used to
interact with health plans will be unaffected.
For more information, please read the IBC press release.
NaviNet? is a registered trademark of NaviNet, Inc., an independent
company.
]