STOCK TITAN

Fresenius Medical Care North America and Cigna Expand Efforts to Help People Living with Kidney Failure

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Fresenius Medical Care North America (FMCNA) and Cigna (NYSE: CI) announced an expansion of their collaboration aimed at improving health outcomes and reducing the costs associated with end-stage renal disease (ESRD) care. This agreement extends their program through 2023, building on a partnership initiated in 2017 that has successfully lowered medical costs and hospitalizations for Cigna customers. The program operates under Cigna Collaborative Care, employing a value-based care model that incentivizes healthcare providers to enhance patient care and reduce total costs.

Positive
  • Expansion of FMCNA and Cigna's collaboration through 2023.
  • Successful track record of reducing medical costs and hospitalizations since 2017.
  • Access to over 2,600 dialysis centers for Cigna members with ESRD.
Negative
  • None.

WALTHAM, Mass., Aug. 16, 2021 /PRNewswire/ -- Fresenius Medical Care North America (FMCNA) and Cigna (NYSE: CI) announce an expansion of their national effort to improve health outcomes and lower the cost of care for people living with kidney failure, or end stage renal disease (ESRD). The new agreement extends the program through at least 2023.

Cigna and FMCNA started working together in 2017 and together, have successfully reduced medical costs and avoidable hospitalizations, as well as improved patient outcomes for Cigna customers nationwide. The program is part of Cigna Collaborative Care, a value based care model that uses incentives to engage healthcare providers and helps drive improved health, affordability, patient satisfaction, and provider experience. The original program with FMCNA was Cigna's first value based care arrangement to support kidney disease specialists and their patients.

This collaboration includes additional incentives that align healthcare reimbursement with quality performance and reduction of total cost of care to deliver greater value to Cigna members. Cigna members with ESRD will continue to have access to FMCNA's more than 2,600 dialysis centers and home dialysis options to help them lead fuller, more active lives.

"We are proud of our successful collaboration with Cigna to deliver more coordinated care and personalized treatments for people living with kidney disease," said David Pollack, President of FMCNA's Integrated Care Group. "Our growing partnership with InterWell Health, a renal network of high-performing nephrologists who are focused on value based care, has also been a contributing factor in our ability to drive improved health outcomes and cost savings for payors like Cigna. This expanded agreement reflects our commitment to fully supporting patients with kidney disease, creating a truly integrated approach that addresses the complex needs of this vulnerable population."

"Through this program, we have helped Cigna customers living with renal failure improve the quality of their health and lower their health costs. We're pleased to expand it to reach even more of our customers across the country," said Dr. Rajesh Davda, senior medical director, Cigna. "By working together to coordinate and expand access, we can help our customers get the right care in the right setting – achieving better health, lower costs, as well as improving patient satisfaction and provider experience."

Learn more about FMCNA's leading value based care programs for kidney disease.

About Fresenius Medical Care North America 
Fresenius Medical Care North America (FMCNA) is the premier healthcare company focused on providing the highest quality care to people with renal and other chronic conditions. Through its industry-leading network of dialysis facilities and outpatient cardiac and vascular labs, Fresenius Medical Care North America provides coordinated healthcare services at pivotal care points for hundreds of thousands of chronically ill customers throughout the continent. As the world's largest fully integrated renal company, it offers specialty pharmacy and laboratory services, and manufactures and distributes the most comprehensive line of dialysis equipment, disposable products, and renal pharmaceuticals. For more information, visit the FMCNA website at https://fmcna.com/.

Media contact
Brad Puffer
Fresenius Medical Care North America
781-699-3331
Brad.Puffer@fmc-na.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/fresenius-medical-care-north-america-and-cigna-expand-efforts-to-help-people-living-with-kidney-failure-301355527.html

SOURCE Fresenius Medical Care Holdings, Inc.

FAQ

What is the new agreement between FMCNA and Cigna regarding kidney care?

FMCNA and Cigna have expanded their collaboration to improve health outcomes and lower care costs for renal disease patients, effective through 2023.

How has the FMCNA and Cigna partnership impacted healthcare costs?

Since their collaboration began in 2017, FMCNA and Cigna have successfully reduced medical costs and avoidable hospitalizations for Cigna customers.

How many dialysis centers does Cigna provide access to for ESRD patients?

Cigna members with end-stage renal disease have access to more than 2,600 FMCNA dialysis centers.

What model does the FMCNA and Cigna program follow?

The collaboration operates under Cigna Collaborative Care, utilizing a value-based care model that incentivizes improved patient outcomes.

The Cigna Group

NYSE:CI

CI Rankings

CI Latest News

CI Stock Data

88.46B
278.15M
1.58%
89.53%
1.02%
Healthcare Plans
Hospital & Medical Service Plans
Link
United States of America
BLOOMFIELD