Essence Healthcare, using the population health technology, tools and expertise of Lumeris, the industry’s leading value-based care solution, once again achieved the highest Overall Plan Rating of 5 stars by the Centers for Medicare & Medicaid Services (CMS). Their raw score of 5.115 is indicative of consistent high performance along with continued year over year improvement. Lumeris’ commitment to quality has enabled Essence to perform in the top tier of Medicare Advantage plans for the last 13 years, showing the power of Lumeris to produce over time.
“The performance of Essence Healthcare demonstrates that a sustainable model for value-based care is possible,” said Mike Long, chairman and CEO of Lumeris. “These ratings serve as an extraordinary affirmation that it is possible to bring the highest quality of care and the best consumer experience while lowering medical spend. We celebrate the extraordinary efforts of all our team members and provider partners who demonstrate our commitment to quality and to delivering the care every doctor wants for their own family.”
Annually, CMS releases Star Ratings to reflect the experiences of people enrolled in Medicare Advantage plans. Plans are rated on a one-to-five scale, with one star representing poor performance and five stars representing excellent performance. CMS adds a “reward factor” that’s worth up to 0.4 points for plans that are consistently high performing across all the measures they assess. Essence Healthcare was in the very top percentile on both overall score and variability this year, resulting is a rating that exceeds 5 stars.
Essence received perfect member experience scores which include both health plan operations and their experience with the care delivery system—a testament to the Lumeris model of collaborating with physicians. In addition to receiving a perfect 5-star rating in the member experience domain, Essence also received 5 stars in the following domains:
- Staying Healthy (Screenings, Tests and Vaccines)
- Managing Chronic (Long Term) Conditions
- Health Plan Customer Service
“Another 5-star rating this year demonstrates our continued commitment to quality outcomes, exceptional patient experience and superior financial results,” said Dr. Zimmerman, Corporate Chief Medical Officer for Lumeris. “We are pleased with not only the consistency of outstanding results but with our success in the constant quest to improve performance. Notably this year, we achieved a 5-out-of-5-star rating on the member experience survey questions, which is a testament to everyone at Lumeris and the great physicians and their teams that have partnered with us.”
Lumeris brings the industry’s most comprehensive, market-leading technology and enablement capabilities to health system and provider partners looking to perform in value-based care. Those capabilities include supporting 5-star Medicare Advantage plans, like Essence, which is expanding into five new states for 2023. With the start of the 2023 Medicare Annual Enrollment period on October 15, the Star ratings system supports CMS’ efforts to empower people to make healthcare decisions that are best for them.
Lumeris
With Lumeris as a partner, health systems across the country are fulfilling the promise of value-based care. A joint-operating partner in both value and risk, Lumeris delivers market leading technology, insurance capabilities and on-the-ground expertise to more than one million patients and 7,000 physicians nationwide. Lumeris is proud to offer 4.5-5-star health plans that consistently deliver better clinical and financial outcomes for Medicare, Medicaid, Commercial, and Individual populations. To learn more about Lumeris, please visit www.lumeris.com.
Essence Healthcare
Essence Healthcare provides over 70,000 people with Medicare comprehensive and affordable health insurance that focuses on wellness, care coordination and personal service. Essence’s Medicare Advantage plans offer complete hospital, medical and prescription drug coverage and include additional benefits not covered under the Original Medicare program. Powered by the nation’s leading population health services and technology of Lumeris, Essence is earning national recognition for its commitment to service and quality, including being awarded Medicare’s highest overall plan rating of 5 out of 5 Stars for 2022 and again in 2023 for its Missouri and Missouri-Illinois plans and was named “Best Medicare Advantage Plan Companies” for Missouri and Illinois for 2022 and 2023 by U.S. News and World Report. In 2023, Essence’s Medicare Advantage plans will be available in markets in California, Illinois, Missouri, Georgia, Arkansas, Ohio, Kentucky, and Indiana. To learn more about Essence Healthcare, please visit www.essencehealthcare.com.
The Editorial Team at Healthcare Business Today is made up of skilled healthcare writers and experts, led by our managing editor, Daniel Casciato, who has over 25 years of experience in healthcare writing. Since 1998, we have produced compelling and informative content for numerous publications, establishing ourselves as a trusted resource for health and wellness information. We offer readers access to fresh health, medicine, science, and technology developments and the latest in patient news, emphasizing how these developments affect our lives.