DENVER, Colo., May 29, 2018 – Muve Health and Healthcare Re, two portfolio companies of Value Health, LLC, have partnered to enact the country’s first reinsurance policy for an at-risk prospective bundle. It covers a full 90-day bundle for total hip and knee replacement procedures performed at Muve’s growing National network of total joint replacement locations.
“We are pleased to bring an innovative risk solution to the marketplace with a partner like Muve Health; they have demonstrated a commitment to clinical excellence and patient satisfaction that make them a model risk,” says Charles Kano, CEO of Healthcare Re.
“At Healthcare Re we believe that the healthcare industry is seeking new ways for addressing risks associated with the rising cost of care delivery. Our risk solutions provide payers and self-insured employers the financial peace of mind they need to take advantage of value-based contracts that innovators like Muve Health bring to the marketplace. We understand that providers are uniquely qualified to take on risk in the delivery of value-based healthcare because they have direct interaction with the patient.”
“This reinsurance policy is just one of the tools we’ll use to manage our quality promise as the leading provider in risk-based bundles for joint replacement procedures” – Marshall Maran, Muve Health CEO
100% of Muve Health’s Total Joint Arthroplasty (TJA) procedures are performed under various prospective risk-based payment arrangements, ranging from acute episodes of care to 90-day bundles.
The strategy reflects Muve Health’s belief in value-based reimbursement as a transformative and necessary evolution in improving the Nation’s healthcare delivery system, appropriately putting providers at risk and holding them responsible for effectively managing outcomes for patients throughout the episode of care.
Marshall Maran, CEO of Muve Health, says, “At Muve Health, our entire care delivery model is based upon driving value creation under an at-risk reimbursement model with our payer partners. We are confident about standing by the performance of our total joint procedures and this reinsurance policy is just one of the tools we’ll use to manage our quality promise as the leading provider in risk-based bundles for joint replacement procedures.”
For information, please call 888-534-Muve.
About Muve Health: Muve Health is the Nation’s premier value-based outpatient total joint replacement provider. Muve’s protocol-driven, orthopedic care delivery program delivers outstanding clinical outcomes at a predictable cost, in an optimized outpatient environment unparalleled in recovery guidance and patient experience.
Muve Health is set to expand Nationally in 2018; Muve’s current flagship Total Joint Replacement center is located outside of Austin in Lakeway, TX, where both Muve Lakeway ASC and Muve Home Health are accredited by The Joint Commission. Muve Health is headquartered in Denver, Colorado and is led by CEO Marshall Maran, COO Jane Falk, RN, and CTO Brad Rumph.
About Healthcare Re: Healthcare Re is an industry-specific provider of risk solutions for healthcare payers, self-insured employers, Third Party Administrators, facilities and care providers. Healthcare Re partners with the largest healthcare specific brokers and actuaries, insurance carriers and reinsurers to find comprehensive and cost-effective solutions for their clients.