WASHINGTON, May 9, 2017 /PRNewswire/ -- Evolent Health (NYSE: EVH), a company providing an integrated value-based care platform to the nation's leading health systems and physician organizations, today announced its partnership with Houston Methodist, an eight-hospital system consistently ranked amongst the nation's best. The partnership will initially drive the development and execution of a value-based care strategy for improving the health of Medicare patients.
"It is exciting to work with a world-renowned and innovative partner like Houston Methodist on its value-based care strategy and operations," said Evolent Health Chief Executive Officer Frank Williams. "Its mission of providing high quality, cost-effective care is closely aligned with our own, and together we can further advance the positive impact Houston Methodist has on the health and wellbeing of its community."
Evolent Health is working with leadership at Houston Methodist to advise the delivery system through an approach to clinical care and operations that promotes value-based care. Together, the organizations are taking a physician-led approach to deploying a value-based care technology infrastructure and clinical programs, including advanced analytics and predictive modeling, to help identify patients that might benefit from targeted clinical interventions early and with improved accuracy. Through this closely-aligned collaboration, Evolent supports Houston Methodist in the development of Houston Methodist Coordinated Care (HMCC), a physician-led ACO.
"In our collaboration with Evolent Health, our goal is to provide high quality, cost-effective health care that delivers the best value and health outcomes for our community," said President and CEO of HMCC, Julia D. Andrieni, MD.
Houston Methodist Hospital is consistently ranked among U.S. News & World Report's best hospitals, and that same level of care extends across its eight-hospital system. Houston Methodist employs more than 21,000 people, has a network of more than 5,500 participating physicians and annual revenues of approximately $3 billion.
About Evolent Health
Evolent Health partners with leading provider organizations to achieve superior clinical and financial results in value-based care. With a provider heritage and over 20 years of health plan administration experience, Evolent operates in more than 30 U.S. health care markets, actively managing care across Medicare, Medicaid, commercial and self-funded adult and pediatric populations. With the experience to drive change, Evolent confidently stands by a commitment to achieve results. For more information, visit evolenthealth.com.
About Houston Methodist
Houston Methodist is a nonprofit health care organization based in Houston, Texas. It has extended the world-renowned clinical and service excellence of its founding entity, Houston Methodist Hospital, through a network of community hospitals, a research institute and a comprehensive residency program. For more information visit www.houstonmethodist.org.
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SOURCE Evolent Health