Business
AdaptHealth Corp. Partners With Humana on Value-Based Care
PLYMOUTH MEETING, Pa.--(BUSINESS WIRE)-- AdaptHealth Corp. (NASDAQ: AHCO) a national leader in providing patient‐centered, healthcare‐at‐home solutions
About this update from Adapthealth Corp.
[{"type":"text","content":" PLYMOUTH MEETING, Pa.--(BUSINESS WIRE)--\nAdaptHealth Corp. (NASDAQ: AHCO) a national leader in providing patient‐centered, healthcare‐at‐home solutions including home medical equipment, medical supplies, and related services, has entered into an agreement to become the capitated provider of durable home medical equipment and supplies to Humana Medicare Advantage HMO members in 33 states, plus the District of Columbia. AdaptHealth’s agreement with Humana, which features a value-based pricing model replacing traditional fee-for-service, is expected to cover at least 1.0 million members.\n\n\n“We are delighted that Humana has partnered with AdaptHealth to help its members achieve their best health at home,” said AdaptHealth CEO Steve Griggs. “Our unmatched nationwide network of more than 700 locations, a resilient supply chain, and a focus on technology and in-home service to improve patient care will deliver excellent value to Humana Medicare Advantage members.”\n\n\n“The AdaptHealth-Humana partnership will also eliminate many of the burdens that patients face in ordering home medical equipment, and will reduce administrative costs for Humana, AdaptHealth, and our referring physicians” said Griggs.\n\n\nThe value-based agreement covers Humana’s Medicare Advantage HMO members in the states of: Alabama, Tennessee, Virginia, North Carolina, Georgia, South Carolina, Texas, Arkansas, Oklahoma, Illinois, Minnesota, North Dakota, South Dakota, Wisconsin, Nebraska, Iowa, Kansas, Missouri, District of Columbia, Delaware, Maryland, Pennsylvania, Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Rhode Island, Vermont, California, Nevada, Colorado, and New Mexico.\n\n\nAbout AdaptHealth Corp.\n\n\nAdaptHealth is a national leader in providing patient‐centered, healthcare‐at‐home solutions including home medical equipment (HME), medical supplies, and related services. The Company provides a full suite of medical products and solutions designed to help patients manage chronic conditions in the home, adapt to challenges in their activities of daily living, and thrive. Product and service offerings include (i) sleep therapy equipment, supplies, and related services (including CPAP and bi PAP services) to individuals suffering from obstructive sleep apnea, (ii) medical devices and supplies to patients for the treatment of d...