The Syracuse market is hesitant to take on value-based contracting, preferring to stay a fee-for-service market, but its integrated delivery networks and their respective clinically integrated are poised to make the transition. IDNs are expanding their clinical capabilities and competing for patients in affluent suburban areas where new facilities and medical offices are opening at a rapid pace. Physicians, in turn, are aligning with IDNs through super clinically integrated networks that include multiple physician groups and health systems. Excellus BlueCross BlueShield operates a shared-savings program known as the Accountable Cost and Quality Agreement program that is a vehicle for value-based contracts in the market and statewide. All payers will benefit from the increased scale, outpatient services, and care-coordination expertise offered by providers. Look for the COVID-19 pandemic to accelerate the transition to value-based contracting as a way to stabilize budgets and drive innovation in this developing market.


Related Reports

Southern Connecticut | Connecticut | 2021 | Market Overview

Southern Connecticut is an innovative healthcare market with a high level of health system consolidation, physician clinical integration, and vast experience in value-based care initiatives and pay...

View Details

Southern Connecticut | Connecticut | 2021 | Market Overview Brief

Southern Connecticut is an innovative healthcare market with a high level of health system consolidation, physician clinical integration, and vast experience in value-based care initiatives and pay...

View Details

Orlando | Florida | 2021 | Market Overview Brief

Orlando’s reliance on tourism may slow down the market’s financial recovery from COVID-19. Employers may look to consumer-driven health plans to control costs. People who lost their emp...

View Details

Orlando | Florida | 2021 | Market Overview

Orlando’s reliance on tourism may slow down the market’s financial recovery from COVID-19. Employers may look to consumer-driven health plans to control costs. People who lost their emp...

View Details