Benefit Management, a progressive health Third Party Administrator (TPA) and joint venture of NueHealth, has selected Oracle Health Insurance Value Based Payment Cloud Service to deliver a cloud-based prospective bundled payments system for healthcare payors and providers. Benefit Management will harness will use the service to help payors maneuver and scale bundled payments.

“The transition to value-based payments is one of the biggest challenges facing payors and providers today,” said Chad Somers, CEO of Benefit Management, in a statement.