McKnight's June 21, 2021
When Steward Health Care announced last week that it was buying five hospitals from Tenet Healthcare Corp. for $1.1 billion, what didn’t get much media attention was the organization’s history of coordinating care among downstream providers.
Steward, the largest private, for-profit hospital system in the U.S., has developed a systematic approach that builds in risk-sharing and drives care to preferred providers — including post-acute operators such as nursing homes — in all the markets it already serves.
That’s according to Regional Vice President Jason Worthen, who spoke about Steward’s role as a payer a week before closing a deal to absorb the Tenet hospitals and enter the South Florida market.
“When we look to enter into new markets, you’ll see us...
Today's Sponsors
Today's Sponsor