Health organizations Medica and SSM Health form strategic relationship to drive innovation and improve quality of care
Health plan organizations will bring complementary strengths, visions and commitments to members and communities
Aug 18, 2021
Medica and SSM Health – both leading Midwest non-profit health organizations – announced today they will form a strategic relationship to bring their complementary strengths together to drive innovative value-driven health care solutions for members across the communities they serve.
Medica will invest in Dean Health Plan of Madison, WI, a subsidiary of SSM Health. Working together, the two health plans will focus on key areas like operations, technology and value-based care enablement to improve the member/patient experience.
“This important relationship is driven by our mutual commitment to add value in the health care experience through improved health outcomes and lower costs for our members,” said Medica President and CEO John Naylor. “We believe together we can develop and deliver innovative solutions that best support people’s health care needs in the communities we serve.”
Randy Combs, Chief Financial Officer of SSM Health, said, “SSM Health and Dean Health Plan possess decades of experience and a deep passion for value-based care delivery, centered on the needs of the patient and driven by provider/plan integration. We look forward to working with Medica to help more people gain access to the high-quality affordable care they need and deserve.”
“This relationship, with its deep local focus, is an opportunity to further enhance the tools available to members, employers, brokers and others and improve the overall health care experience for everyone we serve,” added Dean Health Plan President Les McPhearson.
The two companies will maintain their respective health plan brands and products which include those under the Medica name along with Dean Health Plan, Prevea360 and WellFirst Health. Members, employers, brokers, and providers can look forward to enhanced service and products and no near-term changes. The agreement is expected to be finalized sometime during the fourth quarter of the year, pending necessary regulatory approvals.
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