AbsoluteCare to Expand into Four Markets in 2025

FOR IMMEDIATE RELEASE

COLUMBIA, Md., December 12, 2024 – AbsoluteCare, recognized as a frontrunner in value-based healthcare, is poised to extend its reach into four new markets across two states in 2025: Akron, Dayton and Cincinnati in Ohio and Chicago, Illinois. This expansion enhances AbsoluteCare’s collaboration with two prominent Medicaid and Medicare payers in Ohio, where it currently serves members in Cleveland and Columbus, while bringing its Beyond MedicineTM care model to a new market, Chicago. By partnering with key payers, AbsoluteCare can ensure members receive the support and resources necessary for optimal outcomes.

“Moving into these markets is part of our expansion from in-center care to community care,” said Michael Radu, CEO, AbsoluteCare. “Through our whole-person care model, we aim to restore the health of our vulnerable and chronically ill neighbors, while strengthening and deepening our payer relationships.”

AbsoluteCare brings its integrated care approach, which includes primary care, behavioral health and social determinants of health (SDoH) resources, to people who need it most. Many members have multiple comorbidities, with approximately 50% of members facing behavioral health issues and/or substance use disorders along with SDoH challenges, which studies suggest account for 30-55% of health outcomes. On average, 77% of AbsoluteCare members live with food insecurity, 18% have unstable housing and 13% experience illiteracy.

“We meet members where they are in the community to help them get the resources and care they need, such as providing access to a network of vetted apartments, short-term hotels and community housing partners,” said Greg P. Foti, M.D., Chief Medical and Transformation Officer, AbsoluteCare. “By addressing underlying needs, we can help members be better positioned to focus on their healthcare.”

This unique care model has resulted in a 50% increase in primary care visits, a 50% t reduction in emergency department visits and a 20-30% decrease in total cost of care, Foti continued. “These results are wins for our patients and our health plan partners.”