MedAssurant and WellCare Expand Relationship With Integrated Solution Suite

Oct 18, 2010, 09:00 ET from MedAssurant Inc.

BOWIE, Md., and TAMPA, Fla., Oct. 18 /PRNewswire/ -- MedAssurant Inc., a leading provider of data-driven health care solutions, and WellCare Health Plans, Inc. (NYSE: WCG) a leading provider of managed care services for government-sponsored health care programs, today announced their expanded relationship through WellCare's implementation of MedAssurant's integrated solution suite.

WellCare has selected two key solutions -- MedAssurant's CARA™ and Prospective Advantage™ -- to enhance its ability to improve patient care, quality outcomes and financial performance for its Medicare and Medicaid members. CARA, or Capitation Risk Adjustment, is a process that identifies, analyzes, pursues and documents a plan's risk adjustment dataset. Prospective Advantage combines advanced health care data analytics with coordination of patient and provider encounters to deliver an integrated solution that supports the achievement and documentation of quality and care.

"WellCare recognizes the need to take into consideration the unique circumstances presented by, and confronting, each of our members," said Thomas Tran, senior vice president and chief financial officer of WellCare. "We selected MedAssurant's integrated solution to help us drive meaningful improvement on a member-specific level.  MedAssurant shares our commitment to providing quality outcomes."  

Keith Dunleavy, M.D., president and chief executive officer of MedAssurant, added, "We have appreciated WellCare's thoughtful approach to the concurrent improvement of both clinical and quality outcomes as well as financial performance and efficiency. The growing emphasis on quality outcomes and risk adjustment data accuracy in the Medicare and Medicaid segments is generating increasing pressure to leverage data-driven insights. MedAssurant is pleased to be part of WellCare's plans to deliver industry-leading quality and performance in health care."

The MedAssurant and WellCare relationship dates back to 2008 when MedAssurant began coordinating clinical data accuracy, risk adjustment and claims analytics solutions for selected WellCare lines of business.

About WellCare Health Plans, Inc.

WellCare Health Plans, Inc., provides managed care services exclusively for government-sponsored health care programs, focusing on Medicaid and Medicare. Headquartered in Tampa, Florida, WellCare offers a variety of health plans for families, children, and the aged, blind and disabled, as well as prescription drug plans. The company served approximately 2.2 million members nationwide as of June 30, 2010. For more information about WellCare, please visit the company's website at www.wellcare.com.  

About MedAssurant Inc.

MedAssurant Inc. is a leading technology-enabled healthcare solutions provider focused on the importance of healthcare data and its ability to drive dramatic, objective improvement in clinical and quality outcomes, care management and financial performance throughout the healthcare community. Proprietary healthcare datasets, aggregation and analysis capabilities, combined with a national infrastructure of leading-edge technology, clinical prowess and deep human resources, empowers MedAssurant's advanced generation of healthcare assessment and improvement through highly informed solutions. Driven by a mission to improve today's healthcare landscape, the employees of MedAssurant proudly apply care, ingenuity and dedication to delivering a new approach to healthcare touching more than 100 million Americans -- one driven by data and insight -- one resulting in meaningful action. Please visit www.medassurant.com for more information.

Contacts:

Russo Partners LLC on behalf of MedAssurant Inc. Chantal Beaudry Phone: 212-845-4272 chantal.beaudry@russopartnersllc.com

MedAssurant Inc.

Alex Burgess

Phone: 301-809-4000 aburgess@medassurant.com

WellCare

Gregg Haddad, Investor Relations

Phone: 813-206-3916

gregg.haddad@wellcare.com

WellCare

Amy Knapp, Media Relations

Phone: 813-290-6208

amy.knapp@wellcare.com

SOURCE MedAssurant Inc.



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