September 26, 2016 12:17 AM ET

Healthcare Providers and Services

Company Overview of Blue Cross and Blue Shield of Arizona, Inc.

Company Overview

Blue Cross and Blue Shield of Arizona, Inc., a health insurance company, provides health insurance products and health services to individuals and families in Arizona. It offers individual and families medical plans, individuals and families dental plans, medical plans for groups, employer dental and eyewear plans, and Medicare plans. Blue Cross and Blue Shield of Arizona, Inc. was founded in 1939 and is based in Phoenix, Arizona with additional offices in Chandler, Flagstaff, and Tucson, Arizona.

2444 West Las Palmaritas Drive

Phoenix, AZ 85021

United States

Founded in 1939

Phone:

602-864-4400

Fax:

602-864-4041

Key Executives for Blue Cross and Blue Shield of Arizona, Inc.

Chief Executive Officer, President and Director
Chief Financial Officer and Senior Vice President
Chief Operating Officer
Senior Vice President and General Counsel
Chief Medical Officer and Senior Vice President of Health Services, Network & Contracting
Age: 62
Compensation as of Fiscal Year 2016.

Blue Cross and Blue Shield of Arizona, Inc. Key Developments

McKesson Joins Blue Cross Blue Shield of Arizona to Form National Value-Based Services Organization

McKesson Business Performance Services announced it has partnered with Blue Cross Blue Shield of Arizona to form a joint venture designed to deliver a broad range of services to help healthcare providers succeed in present value-based environment. The new company, ACO Partner, is a Maximum Services Organization, an innovative collaborative that will leverage McKesson’s physician engagement, care management, and population health services and technology. ACO Partner plans to contract with payers and provider groups nationwide to increase the overall quality of care through strong partnerships in pursuit of the triple aim of lowering costs, improving outcomes and enhancing overall patient experience. ACO Partner’s central objective is to unify patients, providers and payers across the care continuum. Provider organizations will have access to a full spectrum of value-based services, including strategic management, analytics, physician engagement, network development, care coordination, care navigation and patient engagement. Participating providers will also have access to shared savings opportunities with partnering payers that will provide incentives for greater efficiencies and improvements in the quality of care. The first payer to contract with ACO Partner is BCBSAZ, which has over 1.5 million covered lives in Arizona. BCBSAZ is also a primary investor in ACO Partner through their subsidiary, Trinnovate Ventures. McKesson and BCBSAZ have invested in the development of an infrastructure that will support strategic collaboration between payers and providers while enabling ongoing patient engagement.

Blue Cross Blue Shield of Arizona, Inc. to Launch Private Insurance Exchange

Blue Cross Blue Shield of Arizona to launch a private exchange platform online, has included Utah-based HealthEquity Inc. to the plans and this is intended to allow BCBS to offer HealthEquity's personal spending account options, including Health Savings Accounts and Flexible Spending Accounts.

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Recent Private Companies Transactions

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Date
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No transactions available in the past 12 months.
 

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