Medica 2020 Annual Report

D E L I V E R I NG VA LU E

ACOs rise to the challenge

Our members deserve the best care at the best price. We worked closely with health care providers to deliver on this commitment in 2020. In 1975, a group of Minneapolis doctors started a nonprofit insurance company called Physicians Health Plan, which would later become Medica. Our founders believed health care is better when providers and payers have a close connection. We still believe that. We formed our first accountable care organization (ACO) with Minnesota’s MHealth Fairview system in 2012. An ACO is a collaborative arrangement between a health plan and a care system that lets them share responsibility for the cost, quality, and experience of care for a defined group of members. Today, we participate in ACOs with more than two dozen leading health care systems in nine states. Despite the COVID crisis, our ACO partnerships found solutions to some of health care’s enduring challenges. We’re proud of that.

“MU Health Care collaborated with Medica this past year on a successful ACA marketplace product launch. Through shared strategic vision and mutual trust, we have coordinated to bring value to members and patients in mid-Missouri.”

Jonathan Curtright CEO MU Health Care

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