WOONSOCKET, R.I. and
SAN JOSE, Calif., March 2, 2020 /PRNewswire/ -- CVS Kidney Care, a
CVS Health (NYSE: CVS) company, and Satellite Healthcare today
announced a strategic relationship to advance the care of patients
with kidney disease. CVS Kidney Care and Satellite Healthcare will
collaborate to provide comprehensive kidney care, and to expand
awareness of and access to transplantation and in-home dialysis –
initially in two locations, Los
Angeles and Austin,
Texas.
"We have known for many years that more frequent, longer
dialysis improves patient outcomes. Realistically this can only be
done in the home. Our relationship with Satellite Healthcare will
help us make this option a reality for more patients," said
Alan Lotvin, M.D., Executive Vice
President CVS Health and President of CVS Caremark. "We anticipate
expanding this strategic relationship over time, as people with
chronic kidney disease and end-stage renal failure need earlier
intervention and better options than they have today."
Satellite Healthcare is among the nation's leading
not-for-profit providers of kidney dialysis and related services.
It was the first health organization to launch comprehensive
support for the entire spectrum of home self-care dialysis
treatments. Together, the two companies will focus on increasing
transplantation and the use of home therapies and will engage
patients, payors, and physicians in these efforts. Ascend Clinical,
the leading provider of clinical laboratory testing services to the
dialysis community, was chosen to provide laboratory testing for
CVS Kidney Care as part of this relationship.
"Satellite Healthcare has a long, rich history of delivering
high-quality care for kidney patients. Through this strategic
relationship with CVS Kidney Care, we will be able to educate
patients earlier to delay disease progression, increase
understanding of treatment options and offer our services to more
patients. This is a win-win for the kidney community," said
Rick Barnett, President & CEO,
Satellite Healthcare.
CVS Health launched CVS Kidney Care to address the needs of
patients at all points in their journey with a chronic kidney
disease (CKD) management program, home dialysis services that the
company is announcing today, and eventually – pending successful
completion of a clinical trial and the receipt of regulatory
approval – a new home hemodialysis device.
"Two years ago, we launched a strategic plan to transform kidney
care," said Kari Holloway, General
Manager, CVS Kidney Care. "Partnering with an organization known
for delivering the highest standard of quality care represents the
next phase in that plan. Combined with our care management services
and future hemodialysis technology advancements, we are helping to
guide the health care system from an overreliance on in-center
dialysis to treatment delivered in the convenience of a patient's
home."
In addition to the 37 million Americans who have kidney disease,
nearly 700,000 have end-stage renal disease (ESRD). Of those with
ESRD, more than 500,000 are on active dialysis and more than
120,000 new ESRD cases are diagnosed each year. Financially, this
disease represents a significant burden. Medicare spending for all
beneficiaries who had CKD exceeded $84
billion in 2017. When adding an additional $36 billion for ESRD costs, total Medicare
spending on both CKD and ESRD was over $120
billion, representing 33.8% of total Medicare
fee-for-service (FFS) spending. Despite this high level of
spending, outcomes for dialysis patients are poor, with one in six
dialysis patients dying in the first year after starting
treatment.
About CVS Health
CVS Health employees are united around a common goal of becoming
the most consumer-centric health company in the world. We're
evolving based on changing consumer needs and meeting people where
they are, whether that's in the community at one of our nearly
10,000 local touchpoints, in the home, or in the palm of their
hand. Our newest offerings – from HealthHUB® locations that are
redefining what a pharmacy can be, to innovative programs that help
manage chronic conditions – are designed to create a
higher-quality, simpler and more affordable experience. Learn more
about how we're transforming health at
http://www.cvshealth.com.
About Satellite Healthcare
Satellite Healthcare, Inc.,
has been among the nation's leading not-for-profit providers of
kidney dialysis and related services since 1974. Through its
affiliated services, Satellite WellBound, Satellite Dialysis, and
Satellite Research, Satellite Healthcare provides unparalleled
early patient wellness education, personalized clinical services,
and a complete range of dialysis therapy choices. In addition,
Satellite Healthcare has a well-recognized, enduring commitment to
philanthropy and community service, from funding millions of
dollars in research grants to sponsoring kidney programs
nationwide. Satellite Healthcare is committed to advancing the
standard of chronic kidney disease care so patients can enjoy a
better life. For more information, visit satellitehealth.com.
Media Contact:
Erin Shields
Britt
CVS Health
401-770-9237
Erin.Britt@CVSHealth.com
Patrice Smith
Satellite Healthcare
650-464-5373
smithpa@satellitehealth.com
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SOURCE CVS Health