Skylight Health Group Inc. announced a joint venture partnership with Collaborative Health Systems (CHS), wholly owned subsidiary of Centene Corporation, to integrate essential value-based care services into Skylight Health's growing enterprise of primary care practices. The primary goal of the partnership is to establish the core necessities of a VBC program, which includes joint efforts in payor contracting, taking on risk within Medicare Advantage, and population health improvement, including data and analytics supporting care coordination and quality improvement programs. Denver, Colorado Springs, Harrisburg, and Jacksonville will be the initial markets to participate. Among the highlights: Skylight Health and CHS will partner to establish a VBC contracting framework across Florida, Pennsylvania, and Colorado; Each state's network of practices will benefit from strategic growth and planning, in Medicare fee-for-service ACOs, and Medicare Advantage, served through both Skylight Health and CHS; The partnership combines CHS success in improving quality outcomes and lowering healthcare costs with Skylight's aggressive growth within independent primary care practices.

Overall, the joint venture will benefit from Skylight Health's Medicare lives served in addition to CHS' demonstrated ability to manage downside risk. Together, the joint venture allows further entry into value-based care services as a larger contracting entity providing better clinical outcomes as well as improved patient quality scores and satisfaction. The partnership will manage all components of the competencies required to manage risk, allowing for Skylight Health to enter risk-bearing contracts with payors while also supporting Skylight's practice growth strategy as affiliates seek larger, more robust partnerships.