Working with CHI health systems and clinically integrated networks, which include 93 hospitals and hundreds of other health facilities in 18 states, Prominence will be able to provide a nationwide array of services, CHI said.
In October 2012, CHI acquired a majority interest in Soundpath Health, a Medicare Advantage plan in Tacoma, WA. Earlier this year, CHI purchased QualChoice, a commercial health plan based in Little Rock, AR.
The organization is extending its reach through strategic geographic expansion, including third-party administration services and Medicare Advantage plans in new markets, including Kentucky, Nebraska, Ohio, and Tennessee.
Serrano said the push into customer-oriented products, high-performing networks, value-based contracting and health-insurance programs will help CHI adapt to a new era of pay-for-performance and population-health management.
It will also accelerate the organization's strategy of integrated health that delivers effective, cost-efficient health management while enhancing access to high-quality care that improves the health of entire communities.