Caravan Health, part of Signify Health, is eliminating service fees and startup costs to join its accountable care organization building program, it announced last week.
The effort is part of what it calls a new “success-based” pricing model for 2022. By eliminating these costs, which can be prohibitive, Caravan Health hopes providers can provide better care and capture a portion of shared savings earned, company executives said in a press release. The company works with providers to minimize their downside financial risk in programs like Medicare Shared Savings. Read more.