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Business Wire
10 hours ago
- Health
- Business Wire
Blue Cross of Idaho Partners with Greater Good Health to Enable Value-Based Care Delivery for Members
MERIDIAN, Idaho & EL SEGUNDO, Calif.--(BUSINESS WIRE)--Blue Cross of Idaho and Greater Good Health announced a strategic partnership that will improve access to high-quality, value-based care for Blue Cross of Idaho's Medicare Advantage members. Granite Financial Holdings, LLC, the investment affiliate of Blue Cross of Idaho, is investing in Greater Good Health to fund the development of senior-focused primary care clinics and other clinical services to drive improved health outcomes for Blue Cross of Idaho's Medicare Advantage members. 'We are proud to partner with Blue Cross to offer seniors the high-quality, value-based care they deserve.' Sylvia Hastanan, Founder and CEO of Greater Good Health 'Blue Cross of Idaho is driven to find the right care at the right time for our members, especially for seniors on our Medicare Advantage plans,' said Drew Hobby, Chief Strategy Officer for Blue Cross of Idaho. 'Greater Good Health has a strong emphasis on tailoring a healthcare experience to the unique needs of seniors, such as unhurried appointments, convenience and a whole-person approach to care. These factors, combined with their collaboration with provider groups, have delivered strong health-outcomes and high patient satisfaction scores. We're excited about our new partnership for our members in Bonneville and Jefferson counties.' Greater Good Health delivers clinical programs designed to advance value-based care, enhance the capacity of healthcare organizations to serve vulnerable populations, and expand patient access to care. Central to all of Greater Good Health clinical programs is a committment to improving clinical outcomes and delivering an exceptional patient experience. 'Nationwide shortages of primary care physicians have created significant barriers to accessing care, a challenge that is even more pronounced in regions like Idaho, where seniors may wait months for a primary care appointment,' said Sylvia Hastanan, founder and CEO of Greater Good Health. 'We are proud to partner with Blue Cross to offer seniors the high-quality, value-based care they deserve.' Greater Good Health and Blue Cross of Idaho are planning to have their first senior-focused primary care clinic open in Idaho Falls, Idaho later this year with additional future locations to be determined. About Greater Good Health Greater Good Health is a healthcare organization enabling and expanding access to value-based care. Through an innovative Nurse Practitioner-centric model, Greater Good Health partners with health plans to build primary care practices in underserved communities, and partners with risk-bearing organizations to deploy private-labeled clinical programs that enable the shift to value-based, outcomes-focused care. Greater Good Health's proven care model and clinical programs benefit patients, providers, and payers alike, improving outcomes, reducing costs, and delivering a best-in-class patient experience. About Granite Financial Holdings Granite Financial Holdings, LLC is the investment affiliate of Blue Cross of Idaho Health Service, Inc. and a subsidiary of Gemstone Holdings, Inc. an Idaho-based, non-profit mutual insurance holding company dedicated to improving the health of the communities we serve by working to improve access to care, lower the cost of care and by offering innovative solutions to help individuals live healthier lives. About Blue Cross of Idaho Blue Cross of Idaho is the State of Idaho's oldest and largest health insurer, and the only Idaho-based insurer serving the entire state. Blue Cross of Idaho has a broad portfolio of health plans for employers of all sizes, as well as individual and Medicare plans offering innovative solutions to meet the unique needs of Idahoans and Idaho-based employers. Blue Cross of Idaho Health Service, Inc. is an affiliate of Granite Financial Holdings, LLC and a subsidiary of Gemstone Holdings, Inc.
Associated Press
19-05-2025
- Health
- Associated Press
Greater Good Health Appoints Value-Based Care Expert Derek Chao, MD as Independent Board Member
EL SEGUNDO, Calif.--(BUSINESS WIRE)--May 19, 2025-- Greater Good Health, a premier partner to risk-bearing organizations in managing total cost of care, is pleased to announce the appointment of Derek Chao, MD as its newest independent board member. Dr. Chao, who currently serves as the Chief Executive Officer of Optum West, brings more than two decades of expertise in value-based care strategy. He has held multiple key leadership positions at Optum, DaVita Medical Group and Healthcare Partners. With a proven track record of driving growth and innovation, Dr. Chao will play a pivotal role in guiding Greater Good Health's strategic direction and ensuring its continued success in delivering high-quality healthcare services and managing total cost of care. This press release features multimedia. View the full release here: Derek Chao, MD joins Greater Good Health Board as Independent Board Member 'Derek's experience in guiding all elements of value-based care is invaluable as Greater Good Health continues to scale and drive medical cost management,' said Tyler Jung, MD, Chief Medical Officer of Greater Good Health. 'A trailblazer in managing the true cost of care, his clinical background as a nephrologist and hospitalist, coupled with his deep knowledge of the key levers in managing complex populations across the country, make him an incredible fit for our team.' Greater Good Health Chief Executive Officer, Sylvia Hastanan adds, 'I am thrilled to have Derek join our Board and I know that his impact on Greater Good Health will be significant.' Greater Good Health is a clinical care organization that enables longitudinal care through value-based care to optimize medical cost management. Through its nurse practitioner-led models, it is directly solving the challenges of rising medical costs and an increasing primary care physician shortage across the country. As part of its comprehensive suite of services, Greater Good Health partners with health plans in access-starved markets and operates its own primary care clinics for seniors. 'Across the industry, healthcare organizations are struggling with medical expenses, total cost of care and sub-optimal outcomes, and the team at Greater Good Health has demonstrated an unwavering focus on pragmatically solving these problems,' said Dr. Chao. 'Our shared commitment to expanding value-based care makes this a natural fit for me. l look forward to collaborating with the Board and management team to drive strategic initiatives that will enhance Greater Good Health's impact on our healthcare system.' About Greater Good Health Greater Good Health is a premier partner for risk-bearing organizations in managing total cost of care. The company is enabling and expanding access to value-based primary care through its innovative suite of clinical solutions and its own primary care clinics for seniors in underserved communities. Greater Good Health's proven Nurse Practitioner-led model reduces unnecessary costs, improves clinical outcomes and delivers a best-in-class patient experience. For more information, visit View source version on CONTACT: Matt Gagalis Chief Commercial Officer Greater Good Health [email protected] KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA INDUSTRY KEYWORD: MANAGED CARE HOSPITALS HEALTH SOURCE: Greater Good Health Copyright Business Wire 2025. PUB: 05/19/2025 10:43 AM/DISC: 05/19/2025 10:42 AM
