5/17/2023 0 Comments Www bluecrossmn com servicecenterWith this joint venture, we're removing confusion from the equation," said Dr. "Healthcare costs too much, and it is too often difficult for people to understand and navigate. As caregivers themselves, Samitt and Croston heard what consumers were saying – they want something different from the care system to help them live healthier lives. Craig Samitt of Blue Cross and Blue Shield of Minnesota and Dr. The ambitious goal of forging a payer/provider partnership that could simultaneously reshape both the cost and delivery of care was spearheaded by two CEOs who also happen to be MDs: Dr. Close has 30 years of experience in leadership positions at healthcare provider and insurance organizations. Jennifer Close, currently President and Chief Ambulatory Officer at North Memorial Health, has been named CEO of the joint venture. The clinic business entity will be structured separately from both parent organizations and managed through a newly created CEO position and board of directors. The agreement encompasses 20 primary and specialty care clinics in the Twin Cities that operate under the North Memorial Health brand. Blue Cross, through its parent company, is purchasing a 49 percent ownership stake in the clinics. North Memorial Health will own 51 percent of the joint venture. PAUL, J/PRNewswire/ - Blue Cross and Blue Shield (Blue Cross) and North Memorial Health have announced a transformative new joint venture agreement that has both organizations becoming shared owners of North Memorial Health clinics.
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