Data Shows Industry-Leading Growth in Membership and New State
Expansions for Longevity Health
NORTH
PALM BEACH, Fla., May 9, 2024
/PRNewswire-PRWeb/ -- Longevity Health, a clinical services
company and national Institutional Special Needs Plan (ISNP), leads
the industry in year-over-year growth rates in membership and new
state expansions, based on recent data from the Centers for
Medicare and Medicaid Services (CMS) and the company's internal
analyses.
"Our growth is a testament to our
demonstrated clinical outcomes, our ability to enable our SNF
partners' to succeed in value-based care, and to the tireless
efforts of our team to improve the health and experience of those
members we are privileged to serve". René Lerer, CEO of
Longevity.
Membership in Longevity's Medicare Advantage ISNPs increased
+50% year over year to approximately 9,000 members as of
May 2024 vs. the national ISNP growth
rate of 13% during that same period. Longevity now serves customers
in 11 states with that number planned to significantly grow in the
next 18 months. The company is rapidly hiring new team members and
onboarding new skilled nursing facility (SNF) partners.
"Our growth is a testament to our demonstrated clinical
outcomes, our ability to enable our SNF partners' to succeed in
value-based care, and to the tireless efforts of our team to
improve the health and experience of those members we are
privileged to serve" said René Lerer, chief executive officer for
Longevity.
"With CMS' goal to ensure all Medicare recipients are in a
value-based model by 2030 and the ever-increasing need to create
enhanced partnerships with payers as Medicare Advantage penetration
rates exceed 50%, the Longevity Health partnership model is best
positioned to enable SNF operators to be successful in this future
environment" said Marc Hudak, chief
growth officer and IPA business lead for Longevity.
Longevity employs a unique partnership approach with skilled
nursing facility operators via a transparent value-based model that
rewards facilities for improving quality of care and member
experience. It collaborates with SNFs and other senior living
communities to provide comprehensive care that addresses the
medical, social and emotional needs of members who reside there,
typically vulnerable individuals with multiple complex
conditions.
The company's model of care focuses on treating in place and
avoiding unnecessarily transferring members to the hospital, away
from the familiarity and security of their community. A key feature
of the model is the use of dedicated advance practice providers who
work on-site in the facility and play an active role in
coordinating care with other providers.
Longevity's specially trained care teams include nurse
practitioners and physician assistants, plus medical directors,
pharmacy experts, medical assistants, member advocates and other
professionals. In addition to providing direct care to members, the
teams collaborate with facility leaders and clinical staff, as well
as primary care physicians, specialists, geriatricians, behavioral
health experts, social workers and family members to create and
implement coordinated care plans.
In addition to its on-site clinical team, Longevity's ISNPs
provide all the benefits of Original Medicare, Part D prescription
drug coverage, dental, vision, podiatry and hearing, plus
region-specific benefits such as telehealth, therapeutic music and
companion services.
Individuals who have Medicare Parts A and B and reside in or are
expected to reside in a participating nursing facility for 90 days
or more are eligible to join a Longevity ISNP.
For more information about partnering with Longevity, email
communications@longevityhealthpartners.com.
About Longevity Health
Longevity is a clinical services company and national
Institutional Special Needs (ISNP) plan dedicated to serving
individuals in senior living settings. Via its own plans and as an
Independent Provider Association (IPA) in partnership with leading
national health insurers, Longevity provides comprehensive and
patient-centered care for senior living residents' full range of
medical, social and emotional needs. It currently operates in 11
states.
Media Contact
Sunita Rao-Fogt, Longevity
Health, 1 561-444-0710, sunita.raofogt@longevityhealthplan.com
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SOURCE Longevity Health