Prognosis

Colorado's Governor Backs Employers' Plan to Tackle Health Costs

U.S. companies join state’s employers to contract with hospitals and doctors

Photographer: Andreas Rentz/Getty Images
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Public employers in Colorado are teaming up with national companies to jointly purchase medical care through a new buying group that could become a blueprint for employers in other states seeking more bang for their health-care bucks.

The local employers will join with the national Purchaser Business Group on Health, a coalition of some of the country’s largest companies including Walmart Inc. and Boeing Co. PBGH will help identify high-quality medical providers in Colorado. PBGH members with employees in the state can opt in to the contracts that the Colorado Purchasing Alliance negotiates.