Worth-based kidney care firm Strive Health introduced it signed a multiyear take care of Oak Street Health, a series of major care clinics geared towards the Medicare inhabitants to supply care to sufferers affected by stage 4 continual kidney illness to end-stage kidney illness.
Denver-based Attempt Well being presents a value-based care platform that integrates continual kidney illness and end-stage renal illness affected person information from numerous techniques into one platform. The platform evaluates illness development and generates predictions a few affected person’s situation.
The corporate additionally offers assist to sufferers via kidney transplants and dialysis.
Attempt’s choices will likely be out there via Chicago-based Oak Road Well being’s facilities in 21 states.
“We deal with delivering compassionate kidney care and Oak Road Well being presents the most effective scientific care mannequin for older adults, so bringing the organizations collectively in collaboration is a pure match,” Will Stokes, cofounder and chief technique officer at Attempt Well being, stated in a press release. “By this new, multi-year relationship, we’re committing to altering how care is delivered to individuals who typically require extra contact factors alongside their kidney care journey.”
THE LARGER TREND
CVS Well being announced its plans to acquire Oak Street Health in February. Following the announcement, Sen. Elizabeth Warren (D-Mass.) penned a letter urging the Federal Commerce Fee to guage the deliberate acquisition, writing the deal might decrease high quality of care and hike prices.
Nonetheless, the deal closed in Could, with the retail big buying the Medicare-focused major care supplier in an all-cash transaction valued at round $10.6 billion.
Throughout its second quarter 2023 earnings call earlier this month, Karen S. Lynch, CVS Well being’s president, CEO and director, stated that by the top of 2023, CVS will open extra Oak Road clinics, which can outcome within the firm having a presence in 25 states, up from 21.
“We will even open new Oak Road clinics co-located with CVS Pharmacies this 12 months and have already recognized further areas for 2024. We now anticipate to construct 50-60 clinics subsequent 12 months,” Lynch stated.
In June, Attempt Well being garnered a formidable $166 million in Series C funding, which it stated it could use to broaden its partnerships with Medicare, business and Medicare Benefit payors, well being techniques and physicians.
The Sequence C spherical got here simply two years after it scored $140 million in Series B funding.
Earlier this 12 months, it introduced a partnership with not-for-profit Catholic healthcare system Trinity Health to enhance kidney take care of sufferers.
Final 12 months, Attempt partnered with nephrology group Southern California Kidney Consultants to ship kidney care companies to people within the Golden State.
