PHOENIX (October 19, 2016) Aetna and Banner Health today announced the creation of a jointly owned health plan company, Banner | Aetna, that will focus on improving quality, affordability and the patient experience. The partnership will combine Banner’s care management capabilities and high-quality facilities, providers and delivery system with Aetna’s leading health plan expertise, cutting-edge analytics and health information technology. Together, they will provide health coverage to employers and their employees in Maricopa and Pinal counties with plans for future statewide expansion.
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.
PHOENIX (June 8, 2015) Banner Health has announced changes in leadership at Banner Health Network in Arizona and Banner Network Colorado as the organization focuses its efforts on strategic growth and industry leadership. Chuck Lehn, former chief executive officer for Banner Health Network and Banner Network Colorado, was named executive vice president of Strategic Growth for Banner Health in April.
Banner Health Network sees major gains in quality, returns significant shared savings in year two of Medicare’s Pioneer ACO
PHOENIX (Sept 16, 2014) Phoenix-area beneficiaries in the Medicare Pioneer Accountable Care Organization (ACO) served by Banner Health Network (BHN) receive a high level of quality care and preventive medicine that results in less cost to the nation’s Medicare system. Today, the Centers for Medicare and Medicaid Services (CMS) released the preliminary results for the Pioneer ACO’s Performance Year 2 (calendar year 2013) which further illustrates that point.
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.
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.
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.
PHOENIX (October 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.
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.