Aledade and Humana Announce Agreement Expanding Value-Based Care for Humana Medicare Advantage Members in Three States
February 07 2019 - 9:00AM
Business Wire
Aledade, Inc. and leading health and well-being company Humana
Inc. (NYSE: HUM) today announced a value-based care agreement to
broaden the availability of coordinated, quality care for Humana
Medicare Advantage members in three states.
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the full release here:
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Through this agreement, physicians in Aledade’s Accountable Care
Organizations (ACOs) in Louisiana, Pennsylvania, and West Virginia
who currently participate in Humana’s Medicare Advantage network
are able to utilize tools and resources from both organizations to
help deliver value-based care to Humana Medicare Advantage
members.
“We’re delighted to be able to deliver value-based care to an
expanded patient population through this agreement with Humana,”
said Dr. Farzad Mostashari, co-founder and CEO of Aledade. “Humana
shares our dedication to improving patient health and lowering
health care costs by empowering independent physicians to thrive in
value-based care arrangements.”
Aledade partners with independent primary care practices to
build and lead ACOs that participate in a variety of value-based
care arrangements. These ACOs focus on delivering preventive care,
reducing unnecessary or repetitive care, and better coordinating
patient care. Aledade supports physicians with a comprehensive
range of capabilities that include cutting-edge data analytics;
user-friendly care management; patient outreach tools and
regulatory expertise; and local, hands-on support.
“Humana is pleased to expand the availability of value-based
care in Louisiana, Pennsylvania, and West Virginia,” said Oraida
Roman, Vice President of Humana’s Value-Based Strategies
Organization. “This agreement reflects a strong, mutual belief by
Aledade and Humana that value-based care is key to enhancing both
the patient experience and patient outcomes.”
The agreement with Aledade is part of Humana’s longstanding
commitment to value-based care, which emphasizes:
- More personal time with health
professionals and personalized care that is tailored to each
person’s unique health situation;
- Access to proactive health screenings
and programs that are focused on preventing illness;
- Improved care for people living with
chronic conditions with a focus on avoiding health
complications;
- Leveraging technologies, such as data
analytics, that connect physicians and help them work as a team to
coordinate care around the patient; and
- Reimbursement to physicians linked to
the health outcomes of their patients rather than based solely on
the quantity of services they provide (fee-for-service).
Humana has an extensive and growing value-based care presence.
As of Dec. 31, 2018, Humana has more than two million individual
Medicare Advantage members and approximately 115,000 commercial
members who are cared for by more than 53,000 primary care
physicians in more than 1,000 value-based relationships across 43
states and Puerto Rico. Humana’s total Medicare Advantage
membership is approximately 3.6 million members, which includes
members affiliated with providers in value-based and standard
Medicare Advantage settings. For more information, visit
humana.com/provider/support/vbc.
About Aledade
Founded in 2014, Aledade partners with independent practices,
health centers, and clinics to build and lead Accountable Care
Organizations (ACOs) anchored in primary care. Through these ACOs,
Aledade empowers physicians to stay independent, practice medicine
like they’ve always wanted to, and thrive financially by keeping
people healthy. Aledade offers a comprehensive range of
capabilities that include cutting-edge data analytics,
user-friendly guided workflows, unparalleled regulatory expertise,
strong payer relationships, and local, hands-on support from
attentive experts. In true alignment with more than 4,000
participating providers in 24 states, Aledade shares in the risk
and reward across over 35 value-based government and commercial
contracts representing more than 500,000 lives under
management. To learn more, visit www.aledade.com or
follow on Twitter or Facebook.
About Humana
Humana Inc. is committed to helping our millions of medical and
specialty members achieve their best health. Our successful history
in care delivery and health plan administration is helping us
create a new kind of integrated care with the power to improve
health and well-being and lower costs. Our efforts are leading to a
better quality of life for people with Medicare, families,
individuals, military service personnel, and communities at
large.
To accomplish that, we support physicians and other health care
professionals as they work to deliver the right care in the right
place for their patients, our members. Our range of clinical
capabilities, resources and tools – such as in-home care,
behavioral health, pharmacy services, data analytics and wellness
solutions – combine to produce a simplified experience that makes
health care easier to navigate and more effective.
More information regarding Humana is available to investors via
the Investor Relations page of the company’s web site at
www.humana.com, including copies of:
- Annual reports to stockholders
- Securities and Exchange Commission
filings
- Most recent investor conference
presentations
- Quarterly earnings news releases and
conference calls
- Calendar of events
- Corporate Governance information
Additional Information
Humana is a Medicare Advantage HMO, PPO and PFFS organization
with a Medicare contract. Enrollment in any Humana plan depends on
contract renewal. Other providers are available in our network. The
provider may also contract with other Plans.
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Alissa KrinskyHumana Corporate
Communications312-441-5576akrinsky@humana.comAledadepress@aledade.com(202)
792-7200
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