Skip to main content
Subscribe
  • Login
  • My Account
  • Logout
  • Register For Free
  • Subscribe
  • News
    • Current News
    • Providers
    • Insurance
    • Government
    • Finance
    • Technology
    • Safety & Quality
    • Digital Health
    • Transformation
    • ESG
    • People
    • Regional News
    • Digital Edition (Web Version)
    • Patients
    • Operations
    • Care Delivery
    • Payment
    • Midwest
    • Northeast
    • South
    • West
  • Blogs
    • AI
    • Deals
    • Layoff Tracker
    • HLTH 2024
    • Sponsored Content: Vital Signs Blog
  • Opinion
    • Letters
    • From the Editor
  • Events & Awards
    • Awards
    • Conferences
    • Galas
    • Virtual Briefings
    • Webinars
    • Nominate/Eligibility
    • 100 Most Influential People
    • 50 Most Influential Clinical Executives
    • 40 Under 40
    • Best Places to Work in Healthcare
    • Healthcare Marketing Impact Awards
    • Innovators Awards
    • Diversity Leaders
    • Leading Women
    • Best in Business Awards
    • The 2030 Playbook Conference
    • Innovations in Patient Experience
    • Leading Women Conference & Awards Luncheon
    • Leadership Summit
    • Workforce Summit
    • Best Places to Work Awards Gala
    • Diversity Leaders Gala
    • - Looking Ahead to 2025
    • - Financial Growth
    • - Hospital of the Future
    • - Value Based Care
    • - Looking Ahead to 2026
  • Multimedia
    • Podcast - Beyond the Byline
    • Sponsored Podcast - Healthcare Insider
    • Sponsored Video Series - One on One
    • Sponsored Video Series - Checking In with Dan Peres
  • Data & Insights
    • Data & Insights Home
    • Hospital Financials
    • Staffing & Compensation
    • Quality & Safety
    • Mergers & Acquisitions
    • Skilled Nursing Facilities
    • Data Archive
    • Resource Guide: By the Numbers
    • Surveys
    • Data Points
  • Newsletters
  • MORE+
    • Contact Us
    • Advertise
    • Media Kit
    • Jobs
    • People on the Move
    • Reprints & Licensing
    • Sponsored Content
MENU
Breadcrumb
  1. Home
  2. Payment
July 22, 2022 02:13 PM

Yuvo Health, Centene's Fidelis Care target New York for partnership

Caroline Hudson
  • Tweet
  • Share
  • Share
  • Email
  • More
    Reprints Print
    payment_WEB.jpg
    Getty Images/CSA Images RF
    Hand Holding Stack of Money

    Yuvo Health, a startup that offers value-based contracting services, and Centene Corp. subsidiary Fidelis Care are partnering to expand resources for federally qualified health centers in New York.

    The centers provide services such as preventative care, specialty services and behavioral health resources for underserved populations, while also addressing socioeconomic barriers. They qualify for federal funding and enhanced reimbursements from Medicare and Medicaid. Charges are based on a patient's income.

    Yuvo takes on downside risks for the community health centers and helps negotiate contracts with shared savings, which are funneled to the health centers. Fidelis, the largest Medicaid managed-care provider in New York, handles reimbursements. With the partnership, Fidelis, the largest Medicaid managed-care provider in New York, can include members in value-based deals, when most health centers would otherwise not qualify for standalone agreements.

    "We feel very strongly in our ability to increase their capacity to serve," said Cesar Herrera, CEO and co-founder of Yuvo. "How we think of it in terms of transforming is by showing proof that this model is sustainable and it's scalable. … The model itself is not necessarily novel."

    Fidelis did not respond to requests for more details.

    Yuvo was founded in 2021 and earlier this year raised $7.3 million in seed funding. It plans to partner with other managed-care providers in New York.

    Yuvo recently partnered with four independent federally qualified health centers, including Long Island Select Healthcare, a Suffolk County, New York-based center that got its start serving people with intellectual and developmental disabilities. The center's CEO, James Powell, said the partnership helps with workflow improvement and community engagement. It would otherwise have taken years to build this level of support, he said.

    These partnerships also provide resources for understaffed centers to maintain quality, said Miriam Vega, CEO at the Joseph P. Addabbo Family Health Center, which has locations in areas between Manhattan and Long Beach. The center hopes to use the shared savings through the partnership to invest in new programs such as a diabetes wellness center, she said.

    Vega said despite limited resources, the health centers play a vital community role.

    "We provide so many essential services, and during the pandemic especially … the government, the White House, depended on community health centers such as Addabbo to do COVID testing, to do the vaccine, and we didn't get really reimbursed for those services," Vega said.

    Yuvo wants to expand beyond New York, Herrera said. It hopes to enter Ohio in 2023, followed by potential expansions into Michigan, New Jersey, Pennsylvania and the Washington, D.C., area.

    Letter
    to the
    Editor

    Send us a letter

    Have an opinion about this story? Click here to submit a Letter to the Editor, and we may publish it in print.

    Recommended for You
    Ambulance blur
    Most ambulance rides out-of-network, FAIR Health reports
    Hospital systems finance 3
    CMS unveils new payment model targeting population health
    Most Popular
    1
    UnitedHealth under criminal investigation for Medicare fraud: WSJ
    2
    States, providers face brunt of GOP Medicaid cuts plan
    3
    UnitedHealth Group to cut Medicare drug plan commissions
    4
    Federal dementia pilot has rocky rollout for some providers
    5
    'Legendary' Hemsley takes over at UnitedHealth amid rough seas
    Sponsored Content
    Daily Finance Newsletter: Sign up to receive daily news and data that has a direct impact on the business and financing of healthcare.
    Get Newsletters

    Sign up for enewsletters and alerts to receive breaking news and in-depth coverage of healthcare events and trends, as they happen, right to your inbox.

    Subscribe Today
    MH Magazine Cover

    MH magazine offers content that sheds light on healthcare leaders’ complex choices and touch points—from strategy, governance, leadership development and finance to operations, clinical care, and marketing.

    Subscribe
    Connect with Us
    • LinkedIn
    • Twitter
    • Facebook
    • RSS

    Our Mission

    Modern Healthcare empowers industry leaders to succeed by providing unbiased reporting of the news, insights, analysis and data.

    Contact Us

    (877) 812-1581

    Email us

     

    Resources
    • Contact Us
    • Help Center
    • Advertise with Us
    • Ad Choices
    • Sitemap
    Editorial Dept
    • Submission Guidelines
    • Code of Ethics
    • Awards
    • About Us
    Legal
    • Terms and Conditions
    • Privacy Policy
    • Privacy Request
    Modern Healthcare
    Copyright © 1996-2025. Crain Communications, Inc. All Rights Reserved.
    • News
      • Current News
      • Providers
      • Insurance
      • Government
      • Finance
      • Technology
      • Safety & Quality
      • Digital Health
      • Transformation
        • Patients
        • Operations
        • Care Delivery
        • Payment
      • ESG
      • People
      • Regional News
        • Midwest
        • Northeast
        • South
        • West
      • Digital Edition (Web Version)
    • Blogs
      • AI
      • Deals
      • Layoff Tracker
      • HLTH 2024
      • Sponsored Content: Vital Signs Blog
    • Opinion
      • Letters
      • From the Editor
    • Events & Awards
      • Awards
        • Nominate/Eligibility
        • 100 Most Influential People
        • 50 Most Influential Clinical Executives
        • 40 Under 40
        • Best Places to Work in Healthcare
        • Healthcare Marketing Impact Awards
        • Innovators Awards
        • Diversity Leaders
        • Leading Women
        • Best in Business Awards
      • Conferences
        • The 2030 Playbook Conference
        • Innovations in Patient Experience
        • Leading Women Conference & Awards Luncheon
        • Leadership Summit
        • Workforce Summit
      • Galas
        • Best Places to Work Awards Gala
        • Diversity Leaders Gala
      • Virtual Briefings
        • - Looking Ahead to 2025
        • - Financial Growth
        • - Hospital of the Future
        • - Value Based Care
        • - Looking Ahead to 2026
      • Webinars
    • Multimedia
      • Podcast - Beyond the Byline
      • Sponsored Podcast - Healthcare Insider
      • Sponsored Video Series - One on One
      • Sponsored Video Series - Checking In with Dan Peres
    • Data & Insights
      • Data & Insights Home
      • Hospital Financials
      • Staffing & Compensation
      • Quality & Safety
      • Mergers & Acquisitions
      • Skilled Nursing Facilities
      • Data Archive
      • Resource Guide: By the Numbers
      • Surveys
      • Data Points
    • Newsletters
    • MORE+
      • Contact Us
      • Advertise
      • Media Kit
      • Jobs
      • People on the Move
      • Reprints & Licensing
      • Sponsored Content