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Dedicated Senior Medical Center and Humana Announce Medicare Network Agreement for Dedicated’s First Four Clinics in Philadelphia

Teaming Up to Offer Patient-Centered Care for Humana Medicare Advantage Members at Locations in Mayfair, North Philadelphia, Olney, and West Philadelphia

Category:

Thursday, November 15, 2018 10:00 am EST

Dateline:

PHILADELPHIA & LOUISVILLE, Ky.

Public Company Information:

NYSE:
HUM
US4448591028
"Humana is proud to team up with Dedicated in Philadelphia to broaden the availability of value-based care that’s designed to improve health outcomes and enhance the patient experience."

PHILADELPHIA & LOUISVILLE, Ky.--(BUSINESS WIRE)--Dedicated Senior Medical Center, a network of ChenMed medical centers providing value-based primary care for Medicare patients, and leading health and well-being company Humana Inc. (NYSE: HUM) have entered into a value-based care network agreement designed to offer a coordinated, patient-centered experience for Humana Medicare Advantage Health Maintenance Organization (HMO) members at four new Dedicated centers in Philadelphia.

Dedicated offers affordable, “high-touch” primary care at centers that are focused on Medicare beneficiaries and are physician-led. The agreement gives Humana Medicare Advantage HMO members in-network access at Dedicated’s first four locations in Philadelphia: Olney (5675 N. Front Street); Mayfair (6431 Sackett Street); North Philadelphia (2101 West Lehigh Avenue); and West Philadelphia (1575 N. 52nd Street).

High-touch primary care for Medicare-eligible seniors reduces hospital admissions, decreases healthcare costs, and improves patient use of preventive medication. Dedicated centers focus on detecting and managing high-risk diseases while providing preventive care and services as well, including:

“Dedicated is excited to welcome Humana Medicare Advantage members to our four new Philadelphia centers,” said Gaurov Dayal, M.D., ChenMed President of New Markets and Chief Growth Officer. “We share with Humana a deep commitment to coordinated, patient-centered care, and we’re delighted to collaborate in providing new options for value-based care in Philadelphia.”

“This agreement reflects Humana’s continuing dedication to the health and well-being of our Medicare Advantage members, which includes increasing access to quality care,” said Eric Bohannon, Humana Regional President of Medicare in Pennsylvania. “Humana is proud to team up with Dedicated in Philadelphia to broaden the availability of value-based care that’s designed to improve health outcomes and enhance the patient experience.”

Dedicated contracts with Medicare Advantage health plans, including Humana Medicare Advantage HMO plans in Pennsylvania. Humana is proud to work with providers like Dedicated to deliver extensive value-based care services, with an emphasis on:

  • 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 June 30, 2018, Humana has approximately two million individual Medicare Advantage members and approximately 130,000 Group members who are cared for by more than 52,000 primary care physicians in more than 1,000 value-based relationships across 43 states and Puerto Rico. Humana’s total Medicare Advantage membership is more than 3.5 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 Dedicated Senior Medical Center

Dedicated operates four primary care medical practices serving seniors in diverse Philadelphia communities (Mayfair; North Philadelphia; Olney; West Philadelphia), plus 11 Dedicated centers in Florida (Bradenton, Clearwater, Jacksonville, Lakeland, Largo, Tampa, and St. Petersburg). For seniors most in need of care, high-quality health care often is beyond reach. Dedicated brings concierge-style medicine — and better health outcomes — to the neediest populations, as evidenced by a five-year report (see release; report) comparing ChenMed outcomes against quality measures reported by the Centers for Medicaid and Medicare Services. The value-based care provider primarily serves seniors with low-to-moderate incomes, most of whom are managing multiple chronic conditions.

Dedicated’s (ChenMed’s) mission is to honor seniors with affordable VIP care that delivers better health. To do that, Dedicated relies on innovative technology and a talented, resourceful, and compassionate team of providers. Founded by Dr. James Chen, a Taiwanese immigrant and cancer survivor, ChenMed operates more than 50 medical centers in Florida, Georgia, Illinois, Louisiana, Kentucky, Pennsylvania and Virginia. Well-known ChenMed brands also include Chen Senior Medical Center and JenCare Senior Medical Center.

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 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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Contact:

James Brown
Dedicated Senior Medical Center/ChenMed
305-310-7214
James.Brown@chenmed.com

Alissa Krinsky
Humana Corporate Communications
312-441-5576
akrinsky@humana.com