In June 2021, MVP Health Care entered into a strategic partnership with the University of Vermont Health Network (UVMHN). The academic health system joined with MVP to develop a novel Medicare Advantage product called the UVM Health Advantage.
Building a partnership on shared values, joint leadership, and proprietary research, both MVP and UVMHN succeeded in better identifying customer needs and improving product offerings while delivering a highly customer-centric Medicare Advantage product to the market.
Provider organizations and insurers have different operating models and skill sets. For many health systems, building mutually beneficial strategic partnerships remains a top external challenge.
MVP Health Care offers strategic partnership opportunities for payers and providers built on aligned values, product co-creation, and shared leadership.
Access the full case study to see how this partnership led to one of the fastest growing Medicare Advantage plans in Vermont.
The University of Vermont Health Network is an academic health system comprising six affiliate hospitals, a multi-specialty medical group, and a home health agency. MVP worked directly with UVMHN to identify the specific needs of local customers and build out a Medicare Advantage product tailored to these needs. The result is UVM Health Advantage, a successful proof of concept built around the needs of UVMHN’s Diabetes and Congestive Heart Failure patients.
The strategic partnership between MVP and UVMHN
is built on three key pillars:
Mutual Transparency, Honesty and Accountability
Co-Created Product Offerings
Joint Leadership, Learning, and Planning
Coordination, Implementation, and Continuous Transformation
In its early stages, this partnership has already gained significant positive traction by achieving its initial goals of bringing a unique Medicare Advantage product to market, meeting first-year enrollment expectations, and closing quality improvement gaps. The partnership will continue to evaluate its success by monitoring the member/patient experience and understanding the impacts of the product on care delivery and enrollment numbers.