News Releases
Banner Health Network returns its “best-ever” result for Medicare and its beneficiaries as part of the Pioneer ACO
PHOENIX (August 19, 2015) – Banner Health Network has delivered its best-ever result in a third successful year as part of the Pioneer Accountable Care Organization. The Center for Medicare and Medicaid Innovation reports that in Performance Year 3 (2014), BHN returned more than $29 million in savings over the predicted financial benchmark, while at the same time improving its quality score by nearly 10 percent over the previous year.
Lower costs, more proactive care in Aetna and Banner Health Network accountable care collaboration
PHOENIX, August 26, 2014 — Aetna and Banner Health Network (BHN) today announced that their accountable care collaboration resulted in a shared savings of approximately $5 million on Aetna Whole Health fully-insured commercial membership in 2013 and a five percent decline in average medical cost on the members.
Blue Cross Blue Shield Of Arizona Advantage adds executive leadership
PHOENIX – August 11, 2014 –Blue Cross® Blue Shield® of Arizona Advantage, an affiliate of Blue Cross Blue Shield of Arizona (BCBSAZ), has named David Firdaus as Chief Executive Officer. BCBSAZ Advantage is a joint venture between Banner Health and BCBSAZ to sell Medicare products. Firdaus previously served as Senior Vice President of Population Health for Accretive Health, Inc.
BHN delivers quality care at a lower cost in the Medicare Pioneer model’s first year
PHOENIX (July 16, 2013) — In its first year of performance, Banner Health Network (BHN) was successful in delivering more coordinated care and a considerable savings over traditional fee-for-service Medicare plans as part of the Medicare Pioneer Accountable Care Organization (ACO). BHN leaders are now focusing efforts on the true test of this model– whether it can be sustained and improved upon in coming years.
Cigna and Banner Health Network Join in Accountable Collaborative Care Effort in Arizona
PHOENIX (Oct. 17, 2012) — Cigna (NYSE:CI) and Banner Health Network are launching a collaborative accountable care initiative to expand patient access to health care, improve care coordination, and achieve the “triple aim” of improved health outcomes (quality), lower total medical costs and increased patient satisfaction.
Aetna and Banner Health expand accountable care relationship to support more than 200,000 patients
HARTFORD, CT, May, 10, 2012 — Aetna (NYSE: AET) announced today it is expanding its relationship with Banner Health Network to include full technology support for population health management and patient services for more than 200,000 patients. The agreement includes support for the 50,000 Medicare fee-for-service patients covered under the Pioneer ACO shared savings program and members in Aetna’s ACO relationship with Banner Health Network.
Banner Health Network to participate as Medicare Pioneer Accountable Care Organization
PHOENIX (Dec. 19, 2011) — The Banner Health Network (BHN) today announced that it has been selected to participate in the Pioneer Accountable Care Organization (ACO) model, a transformative new initiative sponsored by the Centers for Medicare and Medicaid Services (CMS) Innovation Center. Through the Pioneer ACO Model, BHN will work with CMS to provide Medicare beneficiaries with higher quality care, while reducing growth in Medicare expenditures through enhanced care coordination.
Aetna Enters Accountable Care Collaboration with Banner Health Network, Introduces Aetna Whole Health to Employers in Phoenix Area
PHOENIX (Nov. 21, 2011) — Aetna (NYSE: AET) today announced an accountable care collaboration with Banner Health Network and the introduction of Aetna Whole Health, a new commercial health care product that provides members access to highly coordinated care from physicians and facilities in the Banner Health Network. The Banner Health Network model is focused on wellness and improving patient care outcomes through better coordination and access to patient information. The new product will be available later this month to Maricopa County and some Pinal County employers with two-100 eligible employees.