Episodes of care company Remedy recently partnered with Regence in a value-based program to enhance the cost and quality of care for Regence members.
The program, Episodes of Care, is Regence's first value-based program to focus on clinical procedures, beginning with orthopedics and maternity.
Regence will reimburse participating providers for providing improved outcomes and lower costs over a patient's episode of care.
The company plans to expand the program to cardiac and gastrointestinal procedures as well as chronic conditions.
Regence is operated by Blue Cross and Blue Shield and has 2.6 million members across its health plans in Washington, Oregon, Idaho and Utah.
Episodes of Care will launch in Washington in early 2020 and later expand to Oregon, Idaho and Utah.