Uber Health is revving up in its race against Lyft to secure big payer partnerships in the nonemergency medical transport space.
Uber Health's tie-up with ALC marks its first national partnership with a healthcare transportation firm. ALC provides transportation management services to CareMore Health, an Anthem subsidiary that manages Medicare Advantage and Medicaid populations in select states and covers approximatelypatients. Its relationship with ALC and CareMore could pave the way for a greater number of similar healthcare deals in the future.
But Uber will need to chase down more insurance partnerships if it wants to keep up with Lyft's healthcare efforts. Uber has yet to ink a direct partnership with a major insurer, despite big moves from its competitor, Lyft. Earlier this year, weLyft's partnerships with two massive US insurers, Blue Cross Blue Shield and Humana, to offer NEMT to MA members.
The bigger picture: The growth of MA plans offers an appealing entry point for transportation companies looking to stake a claim in the lucrative healthcare transportation market. MA plans tend to cover more nonclinical health services than traditional insurance plans — making the space a prime target for nontraditional entrants like Uber. Insurers have a vested interest in providing better NEMT services to members: Gaps in transportation access lead to approximatelymissed medical appointments in the US each year and disproportionately affects seniors, per PwC.
Another middleman.🙄 Plus paxs can’t tip because a third party pays.
What could possibly go wrong?
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Source: Forbes - 🏆 394. / 53 Read more »