- CareMax to open approximately 50 medical centers across eight
states through programmatic relationship with Anthem
- Anthem to collaborate with CareMax to improve outcomes and
quality for NYC municipal employee retirees
CareMax, Inc. (NASDAQ: CMAX; CMAXW), a leading
technology-enabled provider of value-based care to seniors,
announced today it has signed a collaboration agreement with
Anthem, a national health benefits company. Through this
collaboration, CareMax plans to build medical centers in areas
where Anthem will offer a value-based care model to improve patient
outcomes.
“At Anthem, we strive to be the most innovative, valuable, and
inclusive partner for our patients and communities,” said
Christopher Day, president, value-based solutions at Anthem. “This
new collaboration with CareMax will allow us to transition patients
to a value-based care model, which we believe will create better
outcomes for our patients by allowing them to spend more time with
medical teams and receive the additional support services that
CareMax offers.”
Through this collaboration agreement, CareMax plans to open
approximately 50 medical centers with a focus on Indiana, Texas,
Kentucky, Wisconsin, Georgia, Connecticut, and Virginia, among
others.
Additionally, on July 15, 2021, Empire BlueCrossBlueShield, an
Anthem Company, in partnership with nonprofit insurer EmblemHealth,
was awarded the City of New York group Medicare Advantage retiree
contract to serve up to approximately 250,000 retired workers. The
contract is scheduled to go into effect January 1, 2022. Anthem
will be working collaboratively with CareMax, and other providers,
to bring as many of these retirees as possible into value-based
arrangements.
“We have seen great outcomes for our patients in South Florida
and now we are working to bring our model nationwide,” said Carlos
de Solo, CEO of CareMax. “We know that value-based care helps
seniors live healthier lives, and we are excited to partner with
Anthem to bring healthcare with heart to the populations who need
it most.”
About CareMax
CareMax is a technology-enabled care platform providing
value-based care and chronic disease management to seniors. CareMax
operates medical centers that offer a comprehensive suite of
healthcare and social services, and a proprietary software and
services platform that provides data, analytics, and rules-based
decision tools/workflows for physicians across the United States.
Learn more at www.caremax.com.
About Anthem, Inc.
Anthem is a leading health benefits company dedicated to
improving lives and communities, and making healthcare simpler.
Through its affiliated companies, Anthem serves more than 117
million people, including more than 44 million within its family of
health plans. We aim to be the most innovative, valuable and
inclusive partner. For more information, please visit
www.antheminc.com or follow @AnthemInc on Twitter.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, Section 21E of the Securities Exchange Act of 1934, as
amended, and the Private Securities Litigation Reform Act of 1995,
as amended. These forward-looking statements include statements
regarding our future growth and strategy. Words such as
"anticipate," "believe," "budget," "contemplate," "continue,"
"could," "envision," "estimate," "expect," "guidance," "indicate,"
"intend," "may," "might," "plan," "possibly," "potential,"
"predict," "probably," "pro-forma," "project," "seek," "should,"
"target," or "will," or the negative or other variations thereof,
and similar words or phrases or comparable terminology, are
intended to identify forward-looking statements. These
forward-looking statements are not guarantees of future
performance, conditions or results, and involve a number of known
and unknown risks, uncertainties, assumptions and other important
factors, many of which are outside the CareMax and/or Anthem’s
control, that could cause actual results or outcomes to differ
materially from those discussed in the forward-looking
statements.
Important risks and uncertainties that could cause the CareMax’s
and Anthem’s actual results and financial condition to differ
materially from those indicated in forward-looking statements
include, among others, CareMax’s ability to expand its business
into new geographical locations; the timing of expansion plans;
changes in market or industry conditions, regulatory environment,
competitive conditions, and receptivity to CareMax and Anthem’s
services; CareMax’s ability to continue its growth; changes in laws
and regulations applicable to CareMax and Anthem’s respective
businesses, in particular with respect to Medicare Advantage; any
delay, modification or cancellation of government contracts;
CareMax and Anthem’s ability to fulfill their respective
obligations in the collaboration agreement; the impact of COVID-19
or another pandemic, epidemic or outbreak of infectious disease on
CareMax and Anthem’s business and results of operation; and
CareMax’s ability to locate and open facilities and recruit and
retain qualified team members and independent physicians. For a
detailed discussion of the risk factors that could affect the
CareMax and Anthem’s actual results, please refer to the risk
factors identified in the CareMax and Anthem’s reports filed with
the SEC. All information provided in this press release is as of
the date hereof, and neither CareMax or Anthem undertakes no duty
to update or revise this information unless required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20210813005049/en/
CareMax, Inc. Media
Christine Bucan (305) 542-8855 Christine@thinkbsg.com
Investor Relations The Equity Group Inc. Devin Sullivan
(212) 836-9608 dsullivan@equityny.com
Anthem Media Michelle
Vanstory (919) 713-3037 Michelle.vanstory@anthem.com
Investor Relations Stephen Tanal (800) 985-0999
Stephen.Tanal@anthem.com
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