Humana to Add Oak Street Health’s New Primary Care Practices Designed Exclusively for Medicare Beneficiaries to Medicare Advantage Plan Networks in Indiana and Michigan

Medicare beneficiaries will have more choices when seeking care
designed for their needs

INDIANAPOLIS & DETROIT–(BUSINESS WIRE)–To offer patient-centered care for Medicare beneficiaries, Oak
Street Health
and Humana
Inc.
(NYSE: HUM) have teamed up to add four primary care practices
to Humana’s Medicare Advantage Plan networks in Indiana and Michigan.


Humana is adding these new primary care practice locations to its
network in an effort to improve access to care and quality of care while
increasing patients’ ability to manage their own care to improve their
health and well-being. The new practices operated by Oak Street Health
accept certain Medicare Advantage plans administered by Humana and do
not accept Medicare Advantage plans administered by other carriers.

Humana’s value-based relationships with providers, like Oak Street
Health, are aimed at transforming health care by offering proactive,
personalized care for Medicare beneficiaries. Humana and Oak Street
Health meet regularly to review member cases and issues. This helps
ensure that members aren’t simply treated for what ails them, but are
also provided with a more comprehensive team working on a plan to keep
them on the path to their best health.

The new Oak Street Health primary care practices are located at:

  • University Heights, 4200 S. East Street, Indianapolis, IN 46227
  • Fort Wayne, 436 E. Washington Blvd., Ft. Wayne, IN 46802
  • Rosedale Park, 18610 Fenkell Ave., Detroit, MI 48223
  • Southgate, 13667 Eureka Road, Southgate, MI 48195

The University Heights location is currently seeing patients. The other
locations will start seeing patients on Oct. 13 for Fort Wayne, Nov. 1
for Southgate and Nov. 28 for Rosedale.

“We are excited to partner with Humana to bring excellent care and an
outstanding health care experience to the communities of Fort Wayne and
Detroit and expand our service in Indianapolis. With our partnership, we
can provide the support and resources patients need to improve their
wellness,” says Mike Pykosz, Co-founder and CEO of Oak Street Health.

The Oak Street Health primary care practices offer more services to
patients than a traditional doctor’s office, including:

  • A care team that includes doctors, nurses, medical assistants, and
    medical records experts who take notes.
  • A care team that spends as much quality, face-to-face time with
    members as needed to discuss all of the issues that can affect their
    health.
  • A care manager assigned to patients to help connect them with
    community resources.
  • The convenience of being able to walk in to one of these centers
    without a scheduled appointment and often be seen the same day.

Other benefits that members may experience at Oak Street Health include:

  • Big, beautiful community rooms where patients can join in free daily
    events and classes.
  • Staff familiarity with the member’s Medicare Advantage insurance,
    since the practice only accepts Medicare Advantage plans administered
    by Humana, which simplifies billing issues/questions.

This is the second time Oak Street Health and Humana have teamed up. The
organizations first teamed up in 2015.
The new practices bring the total to six Oak Street Health practices
dedicated to Medicare Advantage plans administered by Humana.

“Our health care needs change as we get older, so it’s important for
Medicare beneficiaries – no matter their health issues – to find health
care that meets those needs. That’s why we are excited to expand the
relationship with Oak Street Health to be available to more of our
members,” said Larry J. Costello, East Central Region President for
Humana’s Senior Products.

“Humana has a solid Medicare history, so we bring strong capabilities to
the transformational health care relationship with Oak Street Health,
which allows us to better partner together to help our members get and
stay healthy,” said Chuck Dow, Great Lakes Region President for Humana’s
Senior Products.

In 2014, on average, Humana
Medicare Advantage
members served by physicians under value-based
care arrangements experienced fewer ER visits and hospital admissions;
higher screening rates, including those for colorectal cancer (+7
percent) and breast cancer (+6 percent); and healthier outcomes compared
to members who were treated by physicians with standard Medicare
Advantage reimbursement arrangements.

Today, Humana has 1.7 million individual Medicare Advantage members and
200,000 commercial members who are cared for by 48,200 primary care
providers, in more than 900 value-based relationships across 43 states
and Puerto Rico.

Currently, approximately 61 percent of Humana individual Medicare
Advantage members are in value-based payment relationships. Humana’s
goal is to have 75 percent of individual Medicare Advantage members in
value-based payment models by the end of 2017. For more information,
visit humana.com/accountable-care
or humana.com/valuebasedcare.

About Oak Street Health

Oak Street Health is a network of primary-care centers for people on
Medicare with an innovative model of care focused on keeping our
patients healthy and out of the hospital. We build relationships between
our patients and their doctors and care teams, and we invest in giving
our patients better access to care. Our patients enjoy the benefits of
personal managed care, transportation, and daily programming in our
community rooms. Oak Street Health has 19 locations open and planned in
Illinois, Indiana, and Michigan. More information about Oak Street
Health can be found at www.oakstreethealth.com.

About Humana

Humana Inc., headquartered in Louisville, Ky., is a leading health and
well-being company focused on making it easy for people to achieve their
best health with clinical excellence through coordinated care. The
company’s strategy integrates care delivery, the member experience, and
clinical and consumer insights to encourage engagement, behavior change,
proactive clinical outreach and wellness for the millions of people we
serve across the country.

More information regarding Humana is available to investors via the
Investor Relations page of the company’s web site at www.humana.com,
including copies of:

  • Annual reports to stockholders
  • Securities and Exchange Commission filings
  • Most recent investor conference presentations
  • Quarterly earnings news releases
  • Calendar of events
  • Corporate Governance information

Contacts

Humana Inc.
Mitch Lubitz, 813-287-6180
Corporate Communications
mlubitz@humana.com
or
Oak
Street Health
Maria Barnett, 773-818-8161
maria.barnett@oakstreethealth.com

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