Key Highlights
- Pearl Health and Wellcare have entered a multi-year Medicare Advantage partnership aimed at advancing value-based care with primary care physicians.
- The partnership focuses on sharing financial risk to improve health outcomes and control costs for Wellcare Medicare Advantage members.
- Innovative initiatives are set to expand nationwide, starting with South Carolina, empowering clinical teams with data insights, financial tools, and value-based care services.
Source: PR Newswire
Notable Quotes
- “We are pleased to deploy a value-based partnership with Pearl as we work together to improve quality and clinical outcomes for our diverse and complex Medicare Advantage members,” – Michael Carson, Medicare CEO at Centene Corporation
- “This partnership enables Pearl to expand its technology and capabilities… With Wellcare’s partnership, physicians will now be able to manage their patient panel more efficiently across a growing portion of their Medicare population.” – Michael Kopko, CEO & Co-founder at Pearl Health
SoHC's Take
This partnership marks a significant step in the evolution of value-based care, aiming to enhance the quality of healthcare delivery for Medicare Advantage members. By leveraging Pearl Health’s technological and service capabilities alongside Wellcare’s extensive Medicare experience, this collaboration is poised to redefine how primary care physicians manage and deliver care, ultimately benefiting patients through improved outcomes and cost efficiencies. The initiative’s success in South Carolina serves as a promising indicator for potential nationwide expansion, underscoring the critical role of strategic partnerships in advancing healthcare innovation and patient care.
