STOCK TITAN

P3 Health Partners Nevada Joins Humana Medicare Advantage Network

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Positive)
Tags
Rhea-AI Summary

P3 Health Partners Inc. (NASDAQ: PIII) has reached an agreement with Humana, allowing Humana Medicare Advantage members access to P3's primary care network in Clark and Nye Counties. From January 1, 2023, members will be able to visit P3's 10 clinics and over 400 PCPs. The initiative aims to enhance healthcare accessibility for Medicare beneficiaries in Southern Nevada. The announcement coincides with the Medicare Annual Election Period, beginning October 15, 2022, where members can select Humana plans pending regulatory approval.

Positive
  • Collaboration with Humana expands access for Medicare Advantage members to over 400 primary care providers.
  • P3 Health Partners aims to improve healthcare delivery for Medicare beneficiaries in Southern Nevada.
Negative
  • None.

Humana Medicare Advantage members will have access to P3 Nevada’s Primary Care Providers in Clark and Nye Counties

HENDERSON, Nev.--(BUSINESS WIRE)-- P3 Health Partners Inc. (“P3”) (NASDAQ: PIII), a patient-centered and physician-led population health management company, today announced that P3 Health Partners-Nevada, LLC (“P3 Nevada”) and Humana, a leading health and well-being company, have signed an agreement that gives Humana Medicare Advantage members access to P3’s primary care provider (“PCP”) network.

Under the new agreement, Humana Medicare Advantage members will be able to receive care from PCPs at P3 Nevada’s 10 medical group clinics, as well as its network of more than 400 PCPs located throughout Clark and Nye Counties. People with Medicare who select a Humana Medicare Advantage plan during the Medicare Annual Election Period, which runs from Oct. 15 to Dec. 7, 2022, will have access to P3’s expansive network beginning Jan. 1, 2023. Humana’s 2023 Medicare Advantage plans are currently pending regulatory approval.

“This agreement provides people with Medicare in Southern Nevada with improved healthcare access and options,” said Dr. Sherif Abdou, P3’s co-founder and chief executive officer. “While P3 continues to expand into new markets, we also recognize the importance in serving more patients in those already established. As a Nevada-based company, we are committed to ensuring every patient in our community has the support they need to navigate a very complicated and confusing healthcare system. This new relationship with Humana enables us to further our mission to be the best health partner to our patients, our providers, and our payors.”

About P3 Health Partners (NASDAQ: PIII):

P3 Health Partners Inc. is a leading population health management company committed to transforming healthcare by improving the lives of both patients and providers. Founded and led by physicians, P3 has an expansive network of more than 2,500 affiliated primary care providers across the country. Our local teams of health care professionals manage the care of thousands of patients in 18 counties across five states. P3 supports primary care providers with value-based care coordination and administrative services that improve patient outcomes and lower costs. Through partnerships with these local providers, the P3 care team creates an enhanced patient experience by navigating, coordinating, and integrating the patient’s care within the healthcare system. For more information, visit www.p3hp.org and follow us on @p3healthpartners and Facebook.com/p3healthpartners.

Karen Blomquist

Vice President, Investor Relations

P3 Health Partners

(702) 910-3950

kblomquist@p3hp.org

Eric Stebel

Strategic Communications Manager

P3 Health Partners

(281) 216-9556

Estebel@p3hp.org

Source: P3 Health Partners Inc.

FAQ

What is the significance of the agreement between P3 Health Partners and Humana?

The agreement allows Humana Medicare Advantage members access to over 400 primary care providers in Nevada, enhancing healthcare access.

When will Humana Medicare Advantage members start using P3’s primary care network?

Members will have access starting January 1, 2023.

What are the counties served by P3 Health Partners in this agreement?

The agreement covers Clark and Nye Counties in Nevada.

What is the Medicare Annual Election Period?

It runs from October 15 to December 7, 2022, during which beneficiaries can select their Medicare plans.

What is the stock symbol for P3 Health Partners?

The stock symbol for P3 Health Partners is PIII.

P3 Health Partners Inc.

NASDAQ:PIII

PIII Rankings

PIII Latest News

PIII Stock Data

29.80M
126.16M
23.2%
24.99%
0.59%
Medical Care Facilities
Services-health Services
Link
United States of America
CHICAGO