NeueHealth Announces Expansion of its Integrated Care Delivery Model in Florida and Planned Entry into Texas and North Carolina
July 07 2021 - 8:15AM
Business Wire
Today, NeueHealth, the personalized care delivery and physician
enablement business of Bright Health Group (NYSE: BHG), announced
the expansion of its integrated care delivery model through the
closing of its acquisition of a majority interest in Centrum
Medical Holdings, LLC (“Centrum”), a value-based, primary care
focused care delivery business. With this acquisition, NeueHealth
now owns and/or manages 78 affiliated risk bearing clinics and
serves approximately 160,000 Medicare, Commercial, and Medicaid
patients under value-based arrangements. In addition, the company
plans to bring its integrated care delivery model into Texas and
North Carolina.
“NeueHealth is building and operating high-performing, local,
Integrated Systems of Care across the country,” said Sam
Srivastava, Chief Executive Officer of NeueHealth. “The Centrum
team, seasoned in successfully managing risk and providing
culturally focused, value-based care, is a terrific addition to the
NeueHealth family and will support our continued expansion across
the country.”
NeueHealth is focused on reducing the friction and lack of
coordination between payors and providers to enable a
consumer-centric healthcare experience. Focused on simplicity,
personalization, and affordability, NeueHealth’s multi-payor,
multi-segment, risk-bearing care delivery model serves consumers
across their life journey, enabling them to build long-term
relationships with their physicians. Its technology enabled
programs, powered by DocSquadTM, connects patients with their
personalized care team, equipping both the patient and provider
with a comprehensive view that helps drive clinical outcomes and
lower costs, and provides a great experience.
ABOUT NEUEHEALTH
At NeueHealth, we operate local Integrated Systems of Care
designed to improve outcomes and experiences for our consumers and
Care Partners. We engage in local, personalized care delivery
through our ecosystem of Care Partners in the 99 markets we serve,
by empowering care delivery organizations to succeed in their
efforts to transition from fee for service to value-based care, and
through our Integrated Care Delivery clinics, which provide
value-based, comprehensive care to all populations. NeueHealth is a
multi-payor, multi-segment business that has more than 200,000
providers in our network and directly delivers high-quality virtual
and in-person clinical care to nearly 210,000 unique patients
through our 78 owned and/or affiliated risk-bearing primary care
clinics. We are helping people live better. Together. NeueHealth is
part of Bright Health Group (NYSE: BHG). For more information,
visit www.neuehealth.com.
ABOUT BRIGHT HEALTH GROUP
Bright Health Group is built upon the belief that by aligning
the best local resources in healthcare delivery with the financing
of care, we can drive a superior consumer experience, optimize
clinical outcomes, reduce systemic waste, and lower costs. We are a
healthcare company that is building a national, Integrated System
of Care, in close partnership with our Care Partners. Our
differentiated approach is: Built on Alignment, Focused on the
Consumer, and Powered by Technology. We have two market facing
businesses: NeueHealth and Bright HealthCare. Through NeueHealth we
deliver high-quality virtual and in-person clinical care to nearly
210,000 unique patients through our 78 owned and/or affiliated
risk-bearing primary care clinics. Through Bright HealthCare we
offer Medicare and Commercial health plan products to approximately
623,000 consumers in 14 states and 99 markets. We are making
healthcare right. Together. For more information, visit
www.brighthealthgroup.com.
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