The Nebraska Medical Center, Methodist Health System and Humana Announce Accountable Care Agreement for 2015

Accountable care agreement centers on a value-based reimbursement contract with a focus on improving the quality of care and overall health of Humana members in Omaha

OMAHA, Neb.--()--A new Accountable Care partnership is expected to drive quality health care outcomes for Medicare Advantage members in the greater Omaha area. Humana Inc. (NYSE: HUM) and the Nebraska Health Network, an integrated health care delivery organization co-owned by Methodist Health System, The Nebraska Medical Center and their affiliated physicians, announced the partnership will begin January 1, 2015.

The Nebraska Health Network was established in February 2010 by Methodist Health System, The Nebraska Medical Center and their affiliated physicians, resulting in the most comprehensive network of primary care providers, specialty physicians and hospitals in Nebraska. Together, the two health systems have more than 1,200 providers, over 300 primary care physicians and six acute care hospitals in the greater Omaha area.

The partnership is based on a pay-for-value system focused on promoting evidence-based, highly-integrated care, which can lead to improved medical outcomes, a better patient experience and lower costs.

“The Nebraska Health Network was created with the goal to provide affordable, quality health care to our patients,” said James Canedy, MD, President, Nebraska Health Network Board. “Since day one, we have taken steps to ensure greater accountability for clinical outcomes. All our primary care providers have completed certification or are working towards certification to be Patient-Centered Medical Homes that focus on the management of chronic health conditions and serve patients throughout Omaha. This new arrangement with Humana takes our partnership a step further to improve patient experience and further enhance the quality of care.”

The new 2015 agreement will offer a more robust level of care coordination and quality improvements. Humana and the Nebraska Health Network are working together to enhance medical records infrastructure and further collaboration on disease management and prevention, like diabetes care and treatment, breast cancer screenings, colorectal cancer screenings and high-risk medication.

“Comprised of two leading health systems in Nebraska, the Nebraska Health Network is intimately familiar with the local health market, a leader in quality care and offers our members a wide-range of hospitals and physicians,” said Matthew Moore, President of Humana’s Central North Region, which includes Nebraska. “We’re looking forward to expanding our partnership and working closely to achieve excellence in patient health management.”

Humana has a 25-year Accountable Care relationship history with more than one million members that are cared for by 33,000 primary care physicians, in more than 900 Accountable Care relationships across 40 states and Puerto Rico.

About The Methodist Health System

Methodist Health System is a leading regional integrated health care delivery system providing quality health care and preventive services to residents throughout the Midwest. Founded in 1982 as the first health care system formed in the region, the Methodist Health System mission is simple: “Improving the quality of life through excellence in health care”. Methodist Health System is the parent organization for our not-for-profit affiliates Jennie Edmundson Hospital, Methodist Hospital, Methodist Hospital Foundation, Methodist Physicians Clinic, Nebraska Methodist College – The Josie Harper Campus and our for-profit affiliate Shared Service Systems. For more information, visit www.bestcare.org.

About The Nebraska Medical Center

With a reputation for excellence, innovation and extraordinary patient care, The Nebraska Medical Center is ranked by U.S. News and World Report as one of America¹s Top Hospitals. It has also been recognized by Becker’s Hospital Review as one of the 100 Great Hospitals In America. It has earned J.D. Power and Associates’ Hospital of Distinction award for inpatient services for six consecutive years and has also achieved Magnet recognition status for nursing excellence. As the teaching hospital for the University of Nebraska Medical Center, this 627 licensed bed academic medical center has an international reputation for providing solid organ and bone marrow transplantation and is well known nationally and regionally for its oncology, neurology and cardiology programs. The Nebraska Medical Center can be found online at www.nebraskamed.com.

About Humana

Humana Inc., headquartered in Louisville, Ky., is a leading health and well-being company focused on making it easy for people to achieve their best health with clinical excellence through coordinated care. The company’s strategy integrates care delivery, the member experience, and clinical and consumer insights to encourage engagement, behavior change, proactive clinical outreach and wellness for the millions of people Humana serves across the country.

More information regarding Humana is available to investors via the Investor Relations page of the company’s web site at www.humana.com, including copies of:

  • Annual reports to stockholders
  • Securities and Exchange Commission filings
  • Most recent investor conference presentations
  • Quarterly earnings news releases
  • Replays of most recent earnings release conference calls
  • Calendar of events (including upcoming earnings conference call dates and times, as well as planned interaction with research analysts and institutional investors)
  • Corporate Governance information

Contacts

Humana Inc.
Cathryn Donaldson, 312-441-5346
Corporate Communications
cdonaldson@humana.com
or
Nebraska Health Network
Katie Hansen, 402-763-3130
khansen@nebraskamed.com

Release Summary

The Nebraska Medical Center, Methodist Health System and Humana announce Accountable Care agreement for 2015.

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Contacts

Humana Inc.
Cathryn Donaldson, 312-441-5346
Corporate Communications
cdonaldson@humana.com
or
Nebraska Health Network
Katie Hansen, 402-763-3130
khansen@nebraskamed.com