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Aurora Health Care and Humana Join Forces on Accountable Care Agreement for 2015

New value-based reimbursement contract to help improve quality care and lower costs for Humana Medicare Advantage members throughout Wisconsin

Category:

Wednesday, January 7, 2015 10:00 am EST

Dateline:

MILWAUKEE

Public Company Information:

NYSE:
HUM
US4448591028
"Aurora is a high-performing health system with a longstanding history in Wisconsin and Northern Illinois. Entering into this new relationship will not only lead to world-class care for our members but overall healthier individuals, families and communities."

MILWAUKEE--(BUSINESS WIRE)--Focused on more coordinated and quality health care outcomes for patients, Humana Inc. (NYSE:HUM) and Aurora Health Care announced today that they have entered into a new Accountable Care agreement for Medicare Advantage members throughout the eastern Wisconsin and northern Illinois region.

The agreement between Humana and Aurora Health Care went into effect on January 1, 2015 and will provide Humana Medicare Advantage members with a better way of receiving health care at Aurora’s 15 hospitals, 159 outpatient facilities, 70 retail pharmacies and 1,500 physicians.

The new agreement, centered around Humana’s Accountable Care Continuum, is based on a pay-for-value system focused on promoting evidence-based, highly-integrated care, which can lead to improved medical outcomes, a better patient experience and lower costs.

“Aurora is dedicated to helping people live well and this new accountable care relationship aligns with that mission,” said Rick Klein, Executive Vice President of Business Development, Aurora Health Care. “We’re looking forward to implementing this agreement and further evolving health care into a more sustainable industry for the future.”

Humana and Aurora Health Care will work together to enhance medical records infrastructure and further collaborate on disease management and prevention, such as diabetes care and treatment, breast cancer screenings, colorectal cancer screenings and high-risk medication. Further, Humana members will receive customized care through doctor resources, such as real-time “gap in care” identification, predictive modeling and electronic health records.

“As a company, we’re shifting our focus to increase preventative services and ensure efficient, high-quality care to keep members on a path toward lifelong health,” said Bruno Piquin, Senior Markets Vice President, Northern Division, Humana. “Aurora is a high-performing health system with a longstanding history in Wisconsin and Northern Illinois. Entering into this new relationship will not only lead to world-class care for our members but overall healthier individuals, families and communities.”

Humana has a 26-year accountable care relationship history with more than 1.2 million MA members that are cared for by 38,000 primary care physicians, in more than 900 accountable care relationships across 43 states and Puerto Rico.

About Humana

Humana Inc., headquartered in Louisville, Ky., is a leading health and well-being company focused on making it easy for people to achieve their best health with clinical excellence through coordinated care. The company’s strategy integrates care delivery, the member experience, and clinical and consumer insights to encourage engagement, behavior change, proactive clinical outreach and wellness for the millions of people Humana serves across the country.

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
  • Replays of most recent earnings release conference calls
  • Calendar of events (including upcoming earnings conference call dates and times, as well as planned interaction with research analysts and institutional investors)
  • Corporate Governance information

Contact:

Humana Inc.
Cathryn Donaldson, 312-441-5346
Corporate Communications
cdonaldson@humana.com