CHICAGO—Oak Street Health, a network of value-based primary care centers for adults on Medicare, announced plans to open centers in Little Rock, Arkansas; Des Moines and Davenport, Iowa; Kansas City, Kansas and Richmond, Virginia, beginning this summer. The expansion into these four new states will mark the 25th state in which Oak Street Health serves older adults.
Oak Street will also continue to expand into new communities within states where it has an existing presence with additional centers planned for Arizona, Colorado, Georgia, Illinois, Indiana, Louisiana, New York, Ohio and Pennsylvania this year.
“One of the most critical ways we advance our mission to rebuild health care as it should be is by bringing our high-quality primary care and unmatched patient experience to more older adults across the country,” said Mike Pykosz, chief executive officer of Oak Street Health. “We look forward to meeting and caring for new deserving patients in Arkansas, Iowa, Kansas and Virginia, as well as the opportunity to create meaningful jobs for those passionate about improving health outcomes for patients and bridging health equity gaps in their communities.”
Oak Street Health delivers personalized, preventive primary care through a model that was created to meet the unique needs of older adults. The integrated model incorporates behavioral health care and social determinants support and is easily accessible through a mix of in-center, in-home and telehealth appointments, as well as a 24⁄7 patient support line. The company has reduced patient hospital admissions by approximately 51% compared to Medicare benchmarks, and driven a 42% reduction in 30-day readmission rates and a 51% reduction in emergency department visits.
Oak Street Health said it is dedicated to making a positive impact in the areas it serves by hiring employees from local neighborhoods and investing resources to support its communities. Now part of CVS Health, Oak Street Health’s continued expansion and center growth helps further CVS Health’s strategy by delivering an industry-leading health care experience for consumers and patients, as well as providers, through a risk-enabled, multi-payer value-based care delivery platform.
To learn more about Oak Street Health’s value-based primary care model, click here.