Investor Relations

Press Release

Press Release

Evolent Health Partners with Carilion Clinic to Enhance Care Delivery in Virginia

Feb 28, 2017

WASHINGTON, Feb. 28, 2017 /PRNewswire/ -- Evolent Health (NYSE: EVH), a company providing an integrated value-based care platform to the nation's leading health systems and physician organizations, announced today its partnership with Carilion Clinic. The partnership will guide the development and execution of a value-based care strategy for improving the health of patients in Virginia.

"Engaging with Evolent will provide our clinicians with additional resources and tools to enhance health care delivery for our patients," said Carilion Clinic President and Chief Executive Officer Nancy Howell Agee. "This partnership reflects Carilion Clinic's mission to improve the health of the communities we serve by providing better care at lower costs." 

Carilion Clinic is a tax-exempt health care organization headquartered in Roanoke, Virginia. With seven hospital facilities and a comprehensive primary and specialty care network comprised of more than 685 employed physicians across 70 specialties, Carilion provides quality care for nearly one million Virginians. The partnership between Evolent and Carilion will initially focus on implementing Evolent's proven model of care, including best-in-class care management programs, advanced patient stratification and analytics, and quality and network improvement.

"We are honored to partner with Carilion Clinic," said Evolent Health Chief Executive Officer Frank Williams. "The missions of our two organizations are highly aligned in seeking to improve the health of our communities by providing higher quality care at lower costs. This partnership will accelerate the success of value-based care, and we couldn't be more excited to support them in their journey to transform care delivery."

"We're excited to partner with Evolent—and our peers in other corners of the country—in the ongoing effort to make the residents of Virginia healthier than ever," said Carilion Clinic Chief Financial Officer Don Halliwill. "I always say I would love it if many of our hospital beds were empty, because it would mean our community is healthy, or their health needs are being met without need of a hospital level of care. Opportunities like participating in the Next Generation ACO provide a vehicle for our clinicians to better serve Medicare beneficiaries and to provide a viable financial model to sustain access to quality, affordable health care."

About Evolent Health
Evolent Health partners with leading health systems to drive value-based care transformation. By providing clinical, analytical and financial capabilities, Evolent helps physicians and health systems achieve superior quality and cost results. Evolent's approach breaks down barriers, aligns incentives and powers a new model of care delivery resulting in meaningful alignment between providers, payers, physicians and patients. For more information, visit evolenthealth.com.

About Carilion Clinic
Carilion Clinic is a tax-exempt health care organization serving nearly one million people in Virginia through hospitals, outpatient specialty centers and advanced primary care practices. Led by multi-specialty physician teams with a shared philosophy that puts the patient first, Carilion is committed to improving outcomes for every patient while advancing the quality of care through medical education and research. For more information visit www.carilionclinic.org/about.

SOURCE Evolent Health