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Accolade Expands Virtual Care to Medicare Beneficiaries Nationwide Through PlushCare Direct-to-Consumer Offering

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Accolade (NASDAQ: ACCD) announced that its virtual healthcare service PlushCare now accepts Medicare Part B coverage, extending access to 64 million beneficiaries across all 50 states. The expansion provides primary care, clinical weight management, and mental health support services to older adults and individuals with disabilities or chronic conditions.

The initiative addresses significant healthcare barriers, particularly relevant as approximately 5.8 million Americans face difficulties accessing medical care, and 21% of adults aged 65+ experience mobility disabilities. PlushCare's platform enables diagnosis and treatment of over 6,800 medical conditions, allowing patients to choose their preferred healthcare providers while receiving care from home.

This expansion aligns with recent legislative developments that extended Medicare telehealth waivers until March 31, 2025, emphasizing virtual care's role in healthcare accessibility.

Accolade (NASDAQ: ACCD) ha annunciato che il suo servizio di telemedicina PlushCare ora accetta la copertura Medicare Parte B, estendendo l'accesso a 64 milioni di beneficiari in tutti i 50 stati. L'espansione offre servizi di assistenza primaria, gestione clinica del peso e supporto per la salute mentale per gli anziani e le persone con disabilità o condizioni croniche.

L'iniziativa affronta importanti barriere sanitarie, particolarmente rilevanti poiché circa 5,8 milioni di americani incontrano difficoltà nell'accesso alle cure mediche e il 21% degli adulti di età superiore ai 65 anni sperimenta disabilità legate alla mobilità. La piattaforma di PlushCare consente la diagnosi e il trattamento di oltre 6.800 condizioni mediche, permettendo ai pazienti di scegliere i propri fornitori di assistenza sanitaria preferiti mentre ricevono cure da casa.

Questa espansione è in linea con i recenti sviluppi legislativi che hanno prorogato le esenzioni per la telemedicina Medicare fino al 31 marzo 2025, sottolineando il ruolo della telemedicina nell'accessibilità delle cure sanitarie.

Accolade (NASDAQ: ACCD) anunció que su servicio de atención médica virtual PlushCare ahora acepta la cobertura de Medicare Parte B, ampliando el acceso a 64 millones de beneficiarios en los 50 estados. La expansión ofrece atención primaria, manejo clínico del peso y servicios de apoyo en salud mental para adultos mayores y personas con discapacidades o condiciones crónicas.

La iniciativa aborda importantes barreras de atención médica, especialmente relevantes ya que aproximadamente 5.8 millones de estadounidenses enfrentan dificultades para acceder a la atención médica, y el 21% de los adultos de 65 años o más experimentan discapacidades de movilidad. La plataforma de PlushCare permite el diagnóstico y tratamiento de más de 6,800 condiciones médicas, permitiendo a los pacientes elegir a sus proveedores de atención médica preferidos mientras reciben atención desde casa.

Esta expansión se alinea con los recientes desarrollos legislativos que extendieron las exenciones de telemedicina de Medicare hasta el 31 de marzo de 2025, enfatizando el papel de la atención virtual en la accesibilidad de la atención médica.

Accolade (NASDAQ: ACCD)는 자사의 가상 의료 서비스 PlushCare가 이제 Medicare B 파트 보장을 수락한다고 발표하였으며, 이는 모든 50개 주에서 6,400만 명의 수혜자에게 접근을 확장합니다. 이번 확장으로 노인 및 장애인 또는 만성 질환을 가진 개인에게 1차 진료, 임상 체중 관리 및 정신 건강 지원 서비스가 제공됩니다.

이 이니셔티브는 약 580만 명의 미국인이 의료 서비스 접근에 어려움을 겪고 있으며, 65세 이상의 성인 중 21%가 이동성 장애를 겪고 있다는 점에서 특히 중요한 의료 장벽을 해결합니다. PlushCare 플랫폼은 6,800개 이상의 의학적 상태의 진단과 치료를 가능하게 하여 환자가 자택에서 치료를 받는 동안 선호하는 의료 제공자를 선택할 수 있도록 합니다.

이번 확장은 Medicare 원격 의료 면제를 2025년 3월 31일까지 연장한 최근의 입법 발전과 일치하며, 원격 진료의 역할을 강조합니다.

Accolade (NASDAQ: ACCD) a annoncé que son service de santé virtuel PlushCare accepte désormais la couverture Medicare Partie B, élargissant l'accès à 64 millions de bénéficiaires dans les 50 États. Cette expansion propose des soins primaires, une gestion clinique du poids et des services de soutien en santé mentale pour les personnes âgées et les individus ayant des handicaps ou des conditions chroniques.

Cette initiative vise à surmonter d'importantes barrières à la santé, particulièrement pertinentes alors qu'environ 5,8 millions d'Américains rencontrent des difficultés d'accès aux soins médicaux, et que 21 % des adultes de 65 ans et plus souffrent de limitations de mobilité. La plateforme de PlushCare permet le diagnostic et le traitement de plus de 6 800 conditions médicales, permettant aux patients de choisir leurs prestataires de soins de santé préférés tout en recevant des soins à domicile.

Cette expansion s'inscrit dans le cadre des récents développements législatifs qui ont prolongé les dérogations de télé-santé de Medicare jusqu'au 31 mars 2025, soulignant le rôle de la santé virtuelle dans l'accessibilité des soins.

Accolade (NASDAQ: ACCD) hat bekannt gegeben, dass sein virtueller Gesundheitsdienst PlushCare jetzt Medicare Teil B-Abdeckung akzeptiert und damit 64 Millionen Begünstigten in allen 50 Bundesstaaten Zugang gewährt. Die Erweiterung bietet hausärztliche Versorgung, klinische Gewichtsmanagement- und psychische Gesundheitsunterstützungsdienste für ältere Menschen sowie für Menschen mit Behinderungen oder chronischen Erkrankungen.

Die Initiative adressiert erhebliche Gesundheitsbarrieren, die besonders relevant sind, da etwa 5,8 Millionen Amerikaner Schwierigkeiten haben, medizinische Versorgung zu erhalten, und 21 % der über 65-Jährigen Mobilitätseinschränkungen erleben. Die Plattform von PlushCare ermöglicht die Diagnose und Behandlung von über 6.800 medizinischen Bedingungen, wodurch Patienten ihre bevorzugten Gesundheitsdienstleister auswählen können, während sie von zu Hause aus versorgt werden.

Diese Erweiterung steht im Einklang mit aktuellen legislativen Entwicklungen, die die Medicare-Telemedizin-Befreiungen bis zum 31. März 2025 verlängert haben und die Rolle der virtuellen Versorgung in der Zugänglichkeit des Gesundheitswesens betonen.

Positive
  • Expansion to 64 million Medicare Part B beneficiaries across all 50 states
  • Coverage of 6,800+ medical conditions through virtual platform
  • Strategic alignment with Medicare telehealth waivers extension until March 2025
Negative
  • None.

Insights

The expansion of PlushCare to Medicare beneficiaries marks a significant market opportunity for Accolade, targeting a massive addressable market of 64 million beneficiaries. This strategic move could substantially impact revenue streams through three key channels:

1. Market Penetration Potential: With approximately 21% of adults 65+ experiencing mobility disabilities and 5.8 million Americans facing medical care access barriers, PlushCare addresses a critical market need. The ability to treat over 6,800 medical conditions virtually positions Accolade to capture a meaningful share of the Medicare telehealth market.

2. Operational Leverage: The expansion leverages existing infrastructure while opening new revenue streams, potentially improving operating margins through economies of scale. The direct-to-consumer model reduces dependency on employer-sponsored programs, diversifying revenue sources.

3. Strategic Timing: The launch aligns with Medicare telehealth waivers extending to March 2025, providing a regulatory tailwind. However, investors should monitor post-waiver regulatory developments that could impact long-term growth trajectory.

The comprehensive service offering, including mental health and weight management, creates multiple revenue touchpoints per patient, potentially increasing customer lifetime value. However, success will depend on execution in patient acquisition, provider network scaling and technology infrastructure reliability to support the expanded user base.

Effort broadens healthcare access and removes barriers to primary care and weight management services

SEATTLE, Feb. 4, 2025 /PRNewswire/ -- Today, Accolade, Inc. (NASDAQ: ACCD) announced that its direct-to-consumer virtual healthcare offering, PlushCare, is now accepting Medicare Part B, expanding care access to 64 million beneficiaries across all 50 states. PlushCare offers quality primary care, clinical weight management services, and mental health support from leading providers. This expansion enhances accessibility and convenience for older adults and younger individuals with disabilities or chronic conditions, empowering them to manage their health better and improve their quality of life. Through PlushCare, beneficiaries can now access a broader range of convenient healthcare services from the comfort of their homes.

"This expansion significantly enhances our ability to deliver care where it's most needed," said Dr. Leo Vieira, Medical Director at PlushCare. "Virtual care accelerates the delivery of high-quality healthcare, empowering patients and facilitating proactive health management. For Medicare beneficiaries, particularly the aging population who often face mobility challenges, it provides a lifeline to consistent, timely care while addressing the needs of patients in remote or underserved areas and those managing busy schedules."

Medicare provides essential healthcare coverage for millions of Americans, offering access to affordable medical services, preventive care, and prescription medications, improving health outcomes and quality of life. Despite this, barriers still prevent approximately 5.8 million Americans from accessing medical care, and nearly 21% of adults aged 65 and older experience mobility disabilities that hinder in-person visits. Recent legislative developments extended temporary Medicare telehealth waivers until March 31, 2025, underscoring the vital role of virtual care in bridging these gaps. By bringing healthcare directly into patients' homes, virtual care reduces the burden of travel—especially for those in rural areas—while saving time and money for individuals managing preventive and chronic conditions.

Part of Accolade's suite of personalized healthcare services, PlushCare is redefining virtual healthcare with its industry-leading primary care and mental health services. By connecting patients with top physicians and therapists, PlushCare offers comprehensive care that includes diagnosis and treatment of over 6,800 medical conditions, including mental health and weight management. Patients have the flexibility to select their preferred healthcare provider — whether a primary care physician, weight management specialist, or therapist — to build lasting, trusted relationships.

"We are proud to continue making Accolade's personalized, value-driven healthcare accessible to an even larger population," said Dr. Connie Hwang, Accolade's Chief Clinical Officer. "With PlushCare's nationwide network of trusted physicians and their proven record of high patient satisfaction, we provide equitable care that addresses physical and mental health needs. Our expanded platform offers an inclusive solution that meets the evolving demands of Medicare beneficiaries, employers, and health plans."

For more information about PlushCare's Medicare offerings, please visit www.plushcare.com/medicare. To learn more about Accolade's comprehensive health solutions, visit www.accolade.com.

About Accolade, Inc.
Accolade (Nasdaq: ACCD) is a Personalized Healthcare company that provides millions of people and their families with exceptional healthcare experiences so they can live their healthiest lives. Accolade's employer, health plan, and consumer solutions combine virtual primary care and mental health, expert medical opinion, and best-in-class care navigation. These offerings are built on a platform that is engineered to care through predictive engagement of population health needs, proactive care that improves outcomes and cost savings, and by addressing barriers to access and continuity of care. Accolade consistently receives consumer satisfaction ratings of over 90%. For more information, visit  accolade.com. Follow us on LinkedInX, Instagram and Facebook.

About PlushCare
PlushCare is a leading virtual health platform providing primary care, clinically-based weight management services and mental health support across all 50 states. Patients are empowered to choose a primary care physician, weight management specialist or therapist that they can build trusted relationships for ongoing virtual care. The unique combination of world-class doctors and therapists, affordable pricing, and same-day appointments, makes PlushCare the best-in-class experience for personalized healthcare. The company is a business unit of Accolade Inc. (Nasdaq: ACCD) and together they are redefining healthcare standards, blending high-touch support with advanced virtual care to meet diverse patient and employer needs. For more information, visit plushcare.com. Follow us on LinkedIn, X, Instagram and Facebook.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/accolade-expands-virtual-care-to-medicare-beneficiaries-nationwide-through-plushcare-direct-to-consumer-offering-302367306.html

SOURCE Accolade, Inc.

FAQ

What services does Accolade's PlushCare (ACCD) offer to Medicare beneficiaries?

PlushCare offers primary care, clinical weight management services, and mental health support to Medicare Part B beneficiaries, covering over 6,800 medical conditions through virtual healthcare delivery.

How many Medicare beneficiaries can access Accolade's PlushCare (ACCD) services?

PlushCare's services are now available to 64 million Medicare Part B beneficiaries across all 50 states in the United States.

Until when are Medicare telehealth waivers extended for Accolade's PlushCare (ACCD)?

Medicare telehealth waivers have been extended until March 31, 2025, supporting PlushCare's virtual care services.

What percentage of potential PlushCare (ACCD) users face mobility challenges?

According to the announcement, nearly 21% of adults aged 65 and older experience mobility disabilities that make in-person medical visits challenging.

How many Americans could benefit from Accolade's PlushCare (ACCD) virtual care services?

Approximately 5.8 million Americans who currently face barriers to accessing medical care could benefit from PlushCare's virtual healthcare services.

Accolade, Inc.

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