Milwaukee, Wis. (August 13, 2014) – Froedtert Health and Ministry Health Care have agreed to pursue co-ownership of Network Health, a Menasha, Wisconsin-based health insurance plan.
Network Health provides commercial and Medicare Advantage health insurance plans to employers and individuals in northeastern Wisconsin. The company has been solely owned by Ministry Health Care since 2012.
“The anticipated transaction will position Froedtert Health and Ministry to jointly expand the Network Health service area into southeastern Wisconsin with Network Health offering Integrated Health Network as its provider network in SE Wisconsin,” said Nick Desien, President and CEO of Ministry Health Care.
“This is a natural partnership that flows from the existing Integrated Health Network of Wisconsin relationship between Ministry and Froedtert Health,” said Catherine Jacobson, president and CEO of Froedtert Health and chair of Integrated Health Network.
Integrated Health Network is a clinically integrated alliance of independent health systems, hospitals and physicians. Integrated Health Network includes the following Wisconsin organizations: Froedtert Health, the Medical College of Wisconsin, Columbia St. Mary’s, Wheaton Franciscan Healthcare, Agnesian HealthCare and Ministry Health Care. It is one of the first multiple–system accountable care networks in the country.
“With clinical integration, a proven care coordination model and IT connectivity solidly in place, IHN has the infrastructure to contract directly with all payers and insurers on behalf of its members,” said Jacobson.
“We believe this partnership and expansion of Network Health will accelerate the growth of population health management programs in the communities we serve and we welcome the prospect of expanding our relationship and look forward to our continued discussions,” said Desien.
Ministry Health Care joined Integrated Health Network in September 2013. Since January, Integrated Health Network has been managing care for approximately 90,000 lives, including 55,000 lives through a partnership with UnitedHealthcare that created one of the nation’s largest accountable care initiatives.