It will be responsible for acting as TAHP's independent claims review organization; will oversee its quality, insurance, medical admnistration, and health care policy development; and will deal with managed care contracting and negotiating.
TAHP is designated a limited liability company, which means that, if it goes belly up, the IPO members would have limited personal liability for debts.
TAHP is also discussing a partnership with Unisys to develop software and hardware for use in the financial, clinical, and administrative ends of the business.
TAHP has, after a bidding process, contracted with four area hospitals, which have offered very competitive pricing, Murtagh says.
Physicians who participate in TAHP's IPO make a small investment.
Although fee-for-service is dying in many parts of the country, it will live on at TAHP. "Capitation goes too far," Murtagh says.