Horizon Blue Cross Blue Shield of New Jersey and Trinitas Regional Medical Center in Elizabeth, N.J., have teamed up to implement a value-based treatment model for patients with congestive heart failure, reports NJ.com.
Trinitas has also agreed to drop out of a lawsuit a group of New Jersey hospitals brought against the insurer last year for excluding the hospitals from its OMNIA network. Some hospitals named in the lawsuit argue Horizon's decision to rank the facilities in Tier 2 rather than Tier 1 hurts their reputation and their business.
"The concerns we had over OMNIA are offset by the benefits this new collaboration will bring to the greater Elizabeth community," Trinitas spokesperson Doug Harris said in an official statement.
The Episodes of Care for Heart Failure program will begin this year, according to the report.