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

Omaha | Nebraska | 2020 | Market Overview Brief

The COVID-19 pandemic continues to disrupt all healthcare sectors in Omaha. Patient volume has plummeted as health systems and physician groups postpone revenue-generating elective and nonurgent...

View Details

Phoenix | Arizona | 2020 | Market Overview Brief

The fast-growing Phoenix market is experiencing a seismic shift in healthcare delivery with value-based contracts, service expansion, consolidation, and integration as the primary trends. The creat...

View Details

Wilmington | Delaware | 2020 | Market Overview Brief

Wedged between other large markets, Wilmington is both heavy consolidated but also relatively advanced compared to many markets of similar size. The market is beginning to make strides on value-bas...

View Details

Knoxville | Tennessee | 2020 | Market Overview Brief

The loss of Physicians Regional Medical Center in 2018 prompted Knoxville’s highly consolidated integrated delivery network sector to invest in multiyear renovation and expansion plans to help redu...

View Details