Privately held Nueterra is the largest U.S. private-sector organization specializing in the development of joint equity partnerships with health systems, governments, hospitals and physicians’ groups. Recently, however, it has shifted its focus to the consumer population, and last week acquired Benefit Management, Inc., which provides customized health benefits administration programs to partially self-insured companies. The goal is to develop pay-for-value models for the new bundled payment system. Tally-ho.