The director shall pursue the feasibility of establishing the following as pilot programs:

1. (a) A capitated, risk-assuming contract with one or more regional fiscal intermediaries.
2. (b) A capitated, risk-assuming contract with acute care hospitals within a county or region.

3. (c) A capitated, risk-assuming contract with one or more organizations which provide payment to a specified class or classes of providers.

   For purposes of this section, “risk-assuming” means the pilot program contractor agrees to assume the risk of utilization of services or costs of services, or both.