AbsoluteCare's Strategic Expansion into New Markets for 2025
AbsoluteCare Expands Its Reach in 2025
AbsoluteCare, a leader in value-based healthcare, is gearing up for significant growth in 2025 by broadening its service offerings into four new markets spanning two states. This strategic move aims to establish a stronger presence in cities like Akron, Dayton, Cincinnati, and Chicago. The organization is enhancing its partnership with two prominent Medicaid and Medicare payers while continuing to provide its innovative Beyond Medicine™ care model.
Commitment to Community Care
Michael Radu, the CEO of AbsoluteCare, emphasizes the shift from traditional in-center care approaches to community-based services. He states, "Moving into these markets is part of our expansion from in-center care to community care. Through our whole-person care model, we aim to restore the health of our vulnerable and chronically ill neighbors, while strengthening and deepening our payer relationships." This commitment to community care is further supported by AbsoluteCare’s integrated approach, which combines primary healthcare, behavioral health services, and resources addressing the social determinants of health.
Helping Those in Need
The members of AbsoluteCare often face complex health challenges, with a significant percentage dealing with multiple comorbidities. Approximately 50% of the members confront behavioral health issues or substance use disorders alongside challenges posed by social determinants of health. Studies indicate these factors can contribute to up to 55% of health outcomes.
Moreover, the impacts of food insecurity, unstable housing, and illiteracy are felt acutely among members, with 77% facing food insecurity and 18% experiencing unstable housing. The health and well-being of these populations are at the forefront of AbsoluteCare's mission.
Community-Based Resources
Greg P. Foti, M.D., the Chief Medical and Transformation Officer at AbsoluteCare, highlights the importance of addressing the underlying needs of patients. He explains that by providing access to vetted living arrangements, short-term hotel accommodations, and partnerships with community housing organizations, AbsoluteCare can better position members to concentrate on their health needs. This community-centered strategy not only helps individuals but also fosters healthier communities.
Impressive Results
Through the implementation of this unique care model, AbsoluteCare has achieved impressive results, including a 50% increase in primary care visits and a 50% reduction in emergency department visits. Furthermore, a 20-30% decrease in total cost of care indicates that their method not only supports patient health but also aids health plan partners in managing costs effectively.
About AbsoluteCare
AbsoluteCare, headquartered in Columbia, Maryland, is dedicated to providing integrated healthcare solutions centered around value-based care. The organization focuses on meeting the comprehensive health needs of vulnerable populations. Their mission extends beyond conventional medical treatments to include preventive care and addressing the complex challenges frequently faced by high-risk members. With nearly 25 years of experience, AbsoluteCare's dedication to tackling medical and psychosocial issues has set remarkable benchmarks for patient outcomes.
Frequently Asked Questions
What is AbsoluteCare's primary focus?
AbsoluteCare is committed to value-based integrated healthcare, focusing on improving health outcomes for vulnerable populations.
What markets is AbsoluteCare expanding into in 2025?
In 2025, AbsoluteCare plans to expand into Akron, Dayton, Cincinnati, and Chicago.
How does AbsoluteCare support its members?
The organization provides a whole-person care model, integrating primary care, behavioral health, and resources addressing social determinants of health.
What community resources does AbsoluteCare offer?
AbsoluteCare connects members with vetted housing options, including apartments and short-term accommodations, to help address their underlying needs.
What achievements has AbsoluteCare accomplished in recent years?
The organization has reported a 50% increase in primary care visits and a substantial reduction in emergency department visits, reflecting the success of their integrated care model.
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