By Associated Press - Thursday, November 14, 2019

CHARLOTTE, N.C. (AP) - Two additional North Carolina health care providers are joining five other state health systems and an insurer in a deal designed to help lower medical costs.

The Charlotte Observer reports national insurance company Blue Cross and Blue Shield will soon be working with seven of North Carolina’s largest health systems in a finance-sharing program called Blue Premier. Novant and Atrium health systems will join the deal Jan. 1. The others joined last year.

Mark Gwynne, president of the UNC Health Alliance, previously told the newspaper Blue Premier helps hospital systems compare prices and boost value. Under the deal, systems share cost savings or losses based on if they improve patient health outcomes. Blue Cross says it’s designed to incentivize providers to cut costs and hold them financially accountable for inefficiencies.

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Information from: The Charlotte Observer, http://www.charlotteobserver.com

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