Home Health Care News June 9, 2021
Clover Health (Nasdaq: CLOV) announced Wednesday that it plans to scale its in-home primary care program, “Clover Home Care,” through the new direct-contracting model from the U.S. Centers for Medicare & Medicaid Services (CMS). The announcement came as Reddit’s investor community also targeted the health care company as its most recent cause.
Headquartered in Nashville, Tennessee, Clover Health is a technology-enabled Medicare Advantage (MA) insurer, with its own in-house clinical capabilities. Launched in 2013, the company went public through a merger with a special purpose acquisition company (SPAC) in 2020.
Currently, Clover Health counts 65,000 lives under its direct-contracting program. Home-based health care organizations Spiras Health and Upward Health will be its first two partners as part of the in-home...
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