Improves the effectiveness of health care purchasing and transforms the health care delivery system by advancing value-based purchasing, promoting community health, and providing greater integration of chronic illness care and needed social supports.

Exempts from state antitrust laws and provides immunity from federal antitrust laws through the state action doctrine, certain activities convened and supervised by the director of the state health care authority or the director of the office of financial management pursuant to this act that might otherwise be constrained by such laws.