Blue Cross NC and IPG Collaborate to Reduce Surgery Costs Through Cost and Quality Transparency
Summary
“This agreement creates a more cost effective and convenient solution for patients,” said Mark Werner, Blue Cross NC Vice President of Network Management .“The expanded relationship with IPG has been very well received by Blue Cross NC and IPG’s surgical facility partners in North Carolina because of its ability to lower costs for our members with limited surgeon and patient disruption.”Nine months since launching, the program has delivered strong results, achieving more than 20 percent savings on device intensive procedural categories, effectively lowering Blue Cross NC’s product cost and utilization.“IPG is extremely pleased with the results of the expanded program and the surgical device savings we have been able to deliver to Blue Cross NC,” said Vince Coppola, President & CEO of IPG.IPG has rolled out its device formulary to its health plan partners across the country to further support its mission of bringing high quality, cost effective surgical solutions to the U.S. healthcare market.