Signify Health and Remedy Partners have signed a definitive agreement to merge. The combination will create the market leading platform delivering value-based care enablement through leveraging clinical, behavioral, and social data amidst an accelerating market shift from fee-for-service toward value-based payments and arrangements based on the quality and total cost of care for a consumer. Kyle Armbrester will lead the combined businesses as chief executive officer. Additionally, Steve Senneff will serve as president and chief financial officer of the combined businesses.
The combination will provide value-based care solutions to organizations across health systems, provider organization groups, health plans, and life sciences companies; bringing together a powerful platform of technology, data, and network assets focused on enabling the right care for millions of members at scale. With a combined national field force of over 9,000 credentialed health care professionals and a combined nationwide partner network of over 300 provider organization systems, 2,000 post-acute organizations, and over 200 community locations, the businesses see over 1 million members annually in the home, have managed over 600,000 episodes of care, and have addressed over 25 million social determinants of health activities for over 3 million members.
The businesses equip the network with intelligent mobile and web-based tools to efficiently and effectively deliver care for members, leveraging insights from a data chassis that integrates clinical, social, and behavioral data around a member as they are seen across various sites of care across facilities, the home, and community. With this longitudinal view and holistic engagement across settings, they will focus on improved coordination of care to reduce excess costs and drive a higher quality experience for members.
Signify Health partners with leading health plans, health care providers, and life sciences companies to improve quality of life by providing comprehensive clinical and social care where and when it’s needed most. With an innovative logistics and clinical workflow technology platform, robust data set, and unparalleled national clinician and social services networks, the company provides evaluative services, complex care management, social determinants of health, and outcomes-based pharma services in the home and community. With an extensible network of up to 9,000 credentialed health care professionals, Signify’s physicians and nurse practitioners perform over 1 million visits in the home annually where they identify clinical and social issues for high-risk individuals enrolled in government-sponsored health programs.
Remedy Partners is the market leader in the rapidly-expanding bundled payment industry, enabling payers, employers, and provider organizations to organize and finance health care delivery around a consumer’s episode of care. Remedy Partner’s proprietary software and advanced analytics platform enable rapid deployment and empower large scale bundled payment programs.
This was reported by Signify Health on August, 20 2019.
Contact information: Nathan Goldstein, Chief Product Officer, Signify Health, 4055 Valley View Lane, Suite 400, Dallas, Texas 75244; 202-390-2258; Email: firstname.lastname@example.org; Website: www.signifyhealth.com
Contact information: Linda Brown, Vice President, Corporate Planning, Remedy Partners, 800 Connecticut Avenue, Floor 3 East Norwalk, Connecticut 06854; 203-541-4832; Email: email@example.com; Website: www.remedypartners.com