July 19, 2019

Around the nation: Intermountain launches spinoff to help others transition to value-based care

Daily Briefing

    Intermountain Healthcare on Tuesday announced that it has launched Castell, a spinoff company aimed at helping providers, payers, and other health care stakeholders transition to value-based payment models, in today's bite-sized hospital and health industry news from Hawaii, Ohio, and Utah.

    • Hawaii: CVS Health last week announced that its retail medical clinic, MinuteClinic, will offer virtual visits in Hawaii. The telehealth offering will give patients 24-hour access to health care from their mobile device or computer (Kukaua, Pacific Business News, 7/17).
    • Ohio: Akron Children's Hospital will expand its tuition reimbursement program to pay for some entry-level employees to earn their associate's degrees in certain medical fields. Through the program, Akron Children's will pay for entry-level employees to study to become a medical assistant, respiratory therapist, EEG technician, or licensed practical nurse (Haefner, Becker's Hospital CFO Report, 7/17).
    • Utah: Intermountain Healthcare on Tuesday announced that it has launched Castell, a spinoff company aimed at helping providers, payers, and other health care stakeholders transition to value-based payment models. The company will draw from Intermountain's primary care model and will support transitioning entities by providing analytics software and other technology, offering access to Intermountain initiatives, and managing affiliated networks (Kacik, "Transformation Hub," Modern Healthcare, 7/16).

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