Somatus Achieves Monumental Growth, Serving Half a Million Patients
Somatus Surpasses Half a Million Patients in Management
In a remarkable achievement, Somatus, a leading figure in value-based kidney and heart care management, has now expanded its reach to serve over 500,000 patients across all 50 states and Washington DC. With this significant milestone, the company manages healthcare costs exceeding $14 billion, showcasing its rapid growth and commitment to delivering high-quality care.
Expansion of Services and Capabilities
Somatus has recently broadened its services, integrating care management for congestive heart failure (CHF) and enhancing support for commercial self-insured populations. The innovative approach also includes AI-driven disease identification that helps in improving payment integrity. This diversified service offering underscores Somatus' adaptability in a dynamic healthcare environment, fulfilling the evolving needs of its patient base.
Outstanding Clinical Outcomes
Over the past year, Somatus has not only expanded its reach but has also achieved impressive clinical outcomes. Its national population health program recorded a remarkable 28% improvement in blood pressure control and a 48% increase in the home dialysis start rate compared to national benchmarks. Furthermore, their dialysis centers reported a mortality rate 20% lower than the national average set by CMS and a kidney transplant rate 3.5 times higher than the average.
Commitment to Quality and Trust
Dr. Ikenna Okezie, the Chief Executive Officer and co-founder of Somatus, expressed, "Somatus' growth reflects the trust our partners place in us and the high-quality clinical outcomes delivered." The company's focus on expanding its impact across a variety of populations and conditions allows it to improve lives while fostering a healthcare system rooted in prevention and accountability.
Enhancing Technological Capabilities
Throughout its impressive growth trajectory, Somatus has made significant advancements in its clinical and technological capabilities, including:
- Extending care to CHF patients, offering coordinated management for chronic comorbidities.
- Managing a large number of commercially insured groups, including over 1,500 self-funded organizations, highlighting the scalability of its approach.
- Utilizing proprietary AI and predictive analytics to identify diseases in the early stages, thus ensuring timely interventions.
- Implementing payment integrity solutions to facilitate appropriate premium payments for partners.
- Forming partnerships with more than 100 nephrology practices and 5,500 providers nationwide to ensure integrated care.
Holistic Patient Care
Somatus employs local multidisciplinary care teams along with an advanced technology platform, all while maintaining robust partnerships with payors and providers. This comprehensive approach allows Somatus to effectively manage complex health needs, enabling better health outcomes, reduced hospitalizations, and a significant decrease in overall care costs.
Looking Towards the Future
As Somatus moves forward, it is committed to scaling its effective model and fostering innovation. The company is actively collaborating with various stakeholders in the healthcare ecosystem in order to enhance outcomes for patients who need it most. This forward-thinking mindset positions Somatus well to continue making meaningful changes in the quality of care provided to those at risk of kidney and cardiovascular diseases.
About Somatus
Somatus is recognized as the premier value-based care company focusing on kidney and cardiovascular health management. Partnering with health plans, systems, nephrology, cardiology, and primary care groups, Somatus aims to provide integrated care for patients with or at risk of developing chronic diseases. The company is dedicated to leveraging local care teams, predictive analytics, and cutting-edge technology to improve patient outcomes. Somatus currently manages over 500,000 members and generates more than $14 billion in medical expense management, serving populations across the United States.
Media Contact
Name: Derek Kung
Title: EVP, Chief of Staff, Somatus Inc.
Frequently Asked Questions
What is the primary service offered by Somatus?
Somatus focuses on value-based care management for patients with kidney and cardiovascular conditions, providing integrated and personalized healthcare solutions.
How many patients does Somatus currently serve?
Somatus serves over 500,000 patients across all 50 states and DC, showcasing its extensive reach in the healthcare sector.
What is the significance of Somatus' recent growth?
The company's growth indicates increasing trust from partners and highlights the successful outcomes delivered to patients, reinforcing Somatus’ position in the healthcare market.
What technological advancements has Somatus made?
Somatus has advanced its capabilities with AI-driven disease identification and predictive analytics, leading to earlier interventions and improved patient management.
How does Somatus ensure quality care delivery?
By employing multidisciplinary care teams and collaborating with local providers, Somatus ensures a comprehensive and personalized approach to patient care.
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