BANNER HEALTH
organizations on telehealth . Banner previously piloted Philip ’ s Intensive Ambulatory Care program , which uses telehealth to support treatment of patients who are having complex medical issues due to multiple chronic conditions . By identifying populations that could benefit from coaching and linking care teams from different disciplines , the program aims to help hospitals better treat these patients , who carry significant healthcare costs .
The companies say the Intensive Ambulatory Care program reduced overall costs of care by 35 %, lowered hospitalisation by 50 %, cut average length of stay by 50 % and reduced 30-day readmissions by 75 %.
In the company ’ s history , there have been many mergers and alliances , a notable example of which is last year ’ s joint-venture with Aetna to develop a health plan in Arizona . The jointlyowned health plan company , Banner Aetna , was established with designs on improving quality , affordability and the patient experience .
The partnership combines 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 .
The partnership builds on the success of Aetna and Banner ’ s five-year Accountable Care Organisation relationship , previously announced in 2011 , strengthening the companies ’ shared commitment to reward value over volume of care for the delivery of better outcomes and lower health care costs .
The new health plan will focus on the consumer experience by combining fully integrated care teams , health insurance and administrative services , with a goal of eliminating redundancies in care as well as administrative hassles . Savings achieved by streamlining care and services will be passed on to consumers and employers through lower premiums .
“ We are committed to finding new ways to deliver more efficient and effective care for our members in
54 August 2017