Chicago-area health system Cadence Health has reached its third affiliation agreement with Cleveland Clinic, with the latest deal covering cardiology services.
For hospital systems like Cadence, affiliation agreements with Cleveland Clinic provide the opportunity to improve care quality through access to and implementation of the Clinic’s best practices and protocols. Cadence patients will also get access to a wider amount of clinical trials.
Affiliate hospitals also are able to use the Clinic’s name in marketing efforts, which is no small consideration when it comes to the Clinic’s No. 1-ranked heart program in the U.S.
Winfield, Illinois-based Cadence’s newest affiliation with the Clinic includes services such as interventional cardiology, electrophysiology, cardiac imaging and noninvasive testing, plus the management of congestive heart failure, according to a statement from Cadence.
The Clinic has been more aggressive in seeking out such affiliation deals as it diversifies its revenue base beyond Ohio.
Cleveland Clinic made $10 million in revenue last year from affiliation deals.