WCG - WellCare Partners with agilon health to Form Value-Based Care Agreement

TAMPA, Fla., Oct. 8, 2018 /PRNewswire/ -- WellCare Health Plans, Inc. (NYSE: WCG) announced today it has expanded its network of providers by signing a new value-based care agreement with agilon health, a leading national organization which brings a complete operating platform for global risk to primary care physicians, to help improve access to care and drive greater health outcomes for its members in Texas.

Value-based programs reward healthcare providers with incentive payments based on the quality of care provided rather than the services delivered. The aim is to provide better care for individuals, improve population health management and reduce healthcare costs.

"We're thrilled to partner with agilon health to help provide our members with access to high-quality, coordinated healthcare," said Sue Podbielski, WellCare's vice president, network performance. "Working together, we can collectively deliver improved health outcomes and an enhanced experience for our members. Our goal is to move to more value-based care agreements that incentivize positive health outcomes."

"We're excited to partner with WellCare," said Ron Kuerbitz, agilon health's chief executive officer. "We are committed to providing quality, value-based, preventive and personalized care and look forward to bringing our proven model to WellCare members."

Across the country, agilon health manages care for more than 300,000 patients through a network of more than 14,000 physicians across four states. For more information about agilon health, visit www.agilonhealth.com.

About WellCare Health Plans, Inc.
Headquartered in Tampa, Fla., WellCare Health Plans, Inc. (NYSE: WCG) focuses exclusively on providing government-sponsored managed care services to families, children, seniors and individuals with complex medical needs primarily through Medicaid, Medicare Advantage and Medicare Prescription Drug Plans, as well as individuals in the Health Insurance Marketplace. WellCare serves approximately 5.5 million members nationwide as of September 1, 2018. For more information about WellCare, please visit the company's website at www.wellcare.com.

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SOURCE WellCare Health Plans, Inc.