[5] CareMore restructured in 1997 as a privately managed Medicare health plan, shifting its focus to primarily elderly, high risk patients.
As an MA plan, CareMore embraced full capitation reimbursement, aligning its financial incentives with favorable patient outcomes.
[6] In 2006, JP Morgan's CCMP Capital and Crystal Cove Partners acquired CareMore, refining and expanding the plan's model of care.
[9] In 2016, CareMore announced a partnership with the ride-sharing application Lyft to provide free rides for patients to the Care Center and further increase accessibility.
[10] Carelon Health offers its patients a high-touch, proactive approach to chronic disease management designed to minimize the probability of an acute episode of care.
[2] In 2013, CareMore expanded into the Medicaid managed care space by partnering with another Anthem subsidiary, Amerigroup, to provide coverage in Tennessee, Iowa, and Ohio.
Unlike its traditional model, in the Medicaid space CareMore serves only as the patient care delivery organization, while Amerigroup provides the insurance layer.
[13] Though significant gains in clinical outcomes remain to be seen, CareMore Health System and Amerigroup believe the partnership has the capability to transform Medicaid patient care across the United States.
[13][14] In 2012 CareMore launched a Brain Health pilot geared towards providing support to patients with dementia, with funding from the Center for Medicare and Medicaid Innovation (CMMI).
[17] The partnership features Emory's adoption of the Extensivist physician role and the outpatient clinic focused on managing chronic disease.