NEW YORK and TAMPA, Fla., Oct. 3,
2017 /PRNewswire/ -- WellCare of New York, Inc., a subsidiary of WellCare
Health Plans, Inc. (NYSE: WCG), announced today that it has signed
an agreement with Wyckoff Heights Medical Center in Brooklyn.
To drive quality and improve health outcomes for Medicaid and
Medicare Advantage members the value-based agreement will emphasize
payments based on quality care, rather than the number or type of
procedures completed.
"We are excited to partner with Wyckoff Heights Medical Center
which shares our focus on providing high-quality health care for
our members," said John J. Burke,
WellCare's state president in New
York. "This agreement demonstrates WellCare's ongoing
commitment to improving the health and well-being of our
members."
Under the arrangement, WellCare of New
York will collaborate with Wyckoff Heights Medical Center's
physicians to drive quality-based improvements in certain
Healthcare Effectiveness Data and Information Set
(HEDIS®) measures, a tool used by more than 90 percent
of America's health plans to measure performance on important
dimensions of care and service. The agreement utilizes quality and
performance measures set by the Centers for Medicare and Medicaid
Services' (CMS) five-star quality rating system, which assesses
Medicare beneficiaries' experience with their health plans and the
health care system.
"In an effort to continually enhance the quality of care
provided to our patients, Wyckoff is proud to announce a
value-based purchasing agreement with WellCare. By measuring
performance and creating incentives for better care, Wyckoff will
be able to meet its objectives of making the Brooklyn-Queens community we serve a healthier place to
live, while appropriately reducing the cost of care. This agreement
is consistent with the value-based contracting policy of Governor
Andrew Cuomo, and Mr. Burke and I
are fully supportive of this transforming payment methodology,"
said Ramon J. Rodriguez, Chief
Executive Officer, Wyckoff Heights Medical Center.
Wyckoff Heights Medical Center is a full-service medical center
with employed physicians and clinics that provides in-network
coverage to WellCare's Medicare Advantage, Medicaid, Essential Plan
and Child Health Plus members. The agreement provides access to
health care services, including hospitals, labs, diagnostic imaging
centers, primary care clinics, and home and community-based care
services as well as dental services.
As of June 30, 2017, WellCare of
New York serves approximately
274,000 members in New York,
including 143,000 Medicaid members, 74,000 Medicare Advantage plan
members and 57,000 Medicare Prescription Drug Plan members.
About WellCare Health Plans, Inc.
Headquartered in Tampa, Fla.,
WellCare Health Plans, Inc. (NYSE: WCG) focuses exclusively on
providing government-sponsored managed care services, primarily
through Medicaid, Medicare Advantage and Medicare Prescription Drug
Plans, to families, children, seniors and individuals with complex
medical needs. WellCare serves approximately 4.4 million
members nationwide as of June 30,
2017. For more information about WellCare, please visit the
company's website at www.wellcare.com or view the company's videos
at https://www.youtube.com/user/WellCareHealthPlan.
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SOURCE WellCare Health Plans, Inc.