STOCK TITAN

DOH - DOH STOCK NEWS

Welcome to our dedicated page for DOH news (Ticker: DOH), a resource for investors and traders seeking the latest updates and insights on DOH stock.

VNS Health, symbol: DOH, is one of the nation's largest nonprofit home and community-based health care organizations. For over 130 years, VNS Health has been dedicated to improving the health and well-being of individuals by providing integrated health care services that enable people to live, age, and heal in the comfort of their own homes while staying connected to their family and community.

Based in New York, VNS Health operates a comprehensive range of health care services and solutions. These include managed long-term care plans (MLTC), home health care, hospice and palliative care, and behavioral health services. The company's dedication to improving patient outcomes is evident through its innovative approach to health care delivery and its extensive network of health care professionals.

Recently, VNS Health entered into a pivotal agreement with Elderwood Health Plan to enroll Elderwood's MLTC members into VNS Health's MLTC, pending approval from the New York State Department of Health (NYSE: DOH). Under this partnership, Elderwood will continue to play a crucial role in caring for homebound older adults and individuals with disabilities in Western New York. VNS Health will manage the care of these members through a newly formed Independent Practice Association (IPA), ensuring seamless integration of services.

The partnership aligns with the 2023-2024 New York State Budget provisions, which mandate all MLTCs to have a Medicare Advantage Dual Eligible Special Needs Plan (D-SNP) with three or more stars. This move is part of a broader initiative to provide integrated benefits for Medicaid members who also have Medicare.

Financially, VNS Health remains strong, with a commitment to expanding its services and continuously improving the quality of care. The collaboration with Elderwood Health Plan ensures a smooth transition for approximately 1,200 members currently enrolled in Elderwood's MLTC, enhancing the overall health care experience for these individuals.

VNS Health’s mission is supported by a robust administrative framework and a dedicated team of health care professionals. The organization prides itself on its community-centric approach, making it a trusted name in the health care industry. With a focus on innovation and patient-centered care, VNS Health continues to be a leader in providing home and community-based health care services across New York City, Westchester, Long Island, and parts of Upstate New York.

For more information about VNS Health and its services, visit their official website.

Rhea-AI Summary
VNS Health partners with Elderwood Health Plan to transfer members to VNS Health's MLTC plan, ensuring a seamless transition and continued care for homebound older adults and people with disabilities in Western New York. The partnership aligns with NYS Budget provisions for MLTCs to offer D-SNP plans, prioritizing integrated benefits for Medicaid members with Medicare. VNS Health will automatically enroll Elderwood members into their MLTC plan if they do not choose another plan within 60 days.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
partnership

FAQ

What is VNS Health?

VNS Health is a nonprofit organization providing home and community-based health care services, including MLTC, home health care, hospice, and palliative care.

What recent partnership has VNS Health entered?

VNS Health recently partnered with Elderwood Health Plan to enroll Elderwood's MLTC members into VNS Health's MLTC, pending state approval.

How will the VNS Health and Elderwood partnership impact members?

The partnership ensures a seamless transition with no disruption in care for Elderwood members, who will be managed by VNS Health through a new IPA.

What is an Independent Practice Association (IPA)?

An IPA is a group of independent practices that come together to manage care and administrative functions for members, ensuring coordinated health services.

What are the provisions of the 2023-2024 New York State Budget related to MLTCs?

The budget requires all MLTCs to have a Medicare Advantage Dual Eligible Special Needs Plan (D-SNP) with three or more stars.

How many Elderwood members will transition to VNS Health?

Approximately 1,200 members from Elderwood’s MLTC will transition to VNS Health, unless they choose another MLTC plan.

What is the mission of VNS Health?

The mission of VNS Health is to improve health and well-being by providing integrated health care services that allow people to live and heal in their homes.

Where does VNS Health operate?

VNS Health operates in New York City, Westchester, Long Island, and parts of Upstate New York.

What are some services offered by VNS Health?

Services include managed long-term care, home health care, hospice and palliative care, and behavioral health services.

How can I learn more about VNS Health?

For more information, visit the official VNS Health website.

DOH

NYSE:DOH

DOH Rankings

DOH Stock Data