Cases & Deals

Spirit AeroSystems enters into "accountable care" arrangement with clinically integrated network

Client(s) Spirit AeroSystems Holdings

Jones Day advised Spirit Aerosystems Holdings Inc. ("Spirit") in connection with the development and negotiation of an "accountable care" arrangement pursuant to which Via Christi Health Alliance in Accountable Care, Inc., a clinically integrated network of hospitals, multi-specialty physician groups, and other health care providers will manage and coordinate the delivery of health care services to employees enrolled in Spirit's self-funded health benefit plans and assume financial accountability for managing the cost and quality of health care services furnished to its employees and their dependents. In connection with the representation, Jones Day advised on matters related to provider network development, structuring and implementation of shared savings and shared risk reimbursement arrangements, negotiation of plan administration agreements with the third party administrator, and compliance with state insurance laws.