Providence St. Joseph Health launches business offering PBM service, population health expertise

Providence St. Joseph Health is getting into the business of helping other healthcare providers and payers with the shift to value-based care. The Renton, Washington-based health system launched Ayin Health Solutions, a population health company, to offer expertise to help payers, providers, employers and government entities reduce costs and improve care in the transition from inpatient care to more cost-efficient ambulatory care and digital engagement. Specifically, Ayin will offer a suite of population health capabilities—including a Pharmacy Benefits Management service that partners pharmacists and physicians—to external payers, providers, employers and government entities.