WellCare Health Plans Inc.
) inked a deal with the Georgia Partnership for TeleHealth Inc.
(GPT) to allow the Georgia Medicaid and young members of
PeachCare for Kids to access specialty health care services.
Through the deal the WellCare members in the rural and
underserved areas, would be widely exposed to one of the leading
and highly developed nation wide telemedicine networks. It
will allow its members to access top level physicians and health
services similar to the urban areas and thus reduce the number of
untreated health problems and the physical and financial costs
associated with them. The deal allows these patients to remain in
their communities and yet receive the necessary specialty health
GPT's telemedicine network and services will allow WellCare
members to easily access over 200 specialists at over 300 patient
locations in over 40 adult and pediatric specialties.
To access the telemedicine services, WellCare Medicaid and
PeachCare for Kids members would be required to contact their
primary care physicians. Subsequently, the local provider will
submit the member's name to the participating specialist and GPT
will then allot an appointment to the member. Next, the member
will have to reach the local presenting site for the appointment
where the patient will encounter the consulting specialist
face-to-face via video with a trained person on site to assist
GPT is dedicated towards exposing such vulnerable populations
to healthcare facilities through innovative use of technology.
People who are restricted by geographic or time limitations in
receiving specialty care, are evaluated, educated and treated by
the company over a secure network through an interactive video
session. Over the past few years, GPT has continuously increased
such telehealth sessions at an accelerated pace, starting from
eight in 2006 to over 70,000 in 2012. The above deal will
increase the number of beneficiaries of GPT
WellCare has been continuously working towards enhancing its
services. Recently, Wellcare revealed that the New York
Department of Health (DOH) has sanctioned expansion of its New
York Advocate Medicaid Managed Long-Term Care (MLTC) health
plans. The expansion will allow for WellCare to operate in four
new counties namely Nassau, Richmond, Suffolk and Westchester.
The plan offers necessary services to enable the vulnerable to
enhance their standard of living.
Earlier this month, U.S. health insurer
) agreed to form an Accountable Care Organization (ACO) with
Texas Health Resources. This is in sync with the company's effort
to improve the safety and quality of patient care and make health
care more affordable.
WellCare currently carries a Zacks Rank #3 (Hold). Among
others from the industry,
Aethlon Medical Inc.
Coventry Healthcare Inc.
) carry a favorable Zacks Rank #2 (Buy).
AETHLON MEDICAL (AEMD): Get Free Report
AETNA INC-NEW (AET): Free Stock Analysis
COVENTRY HLTHCR (CVH): Free Stock Analysis
WELLCARE HEALTH (WCG): Free Stock Analysis
To read this article on Zacks.com click here.