Mar 2, 2020   SOURCE: PR NewsWire

Evolent Health Recaps 2019 Year in Review

WASHINGTON, March 2, 2020 /PRNewswire/ --?Evolent Health, Inc. (NYSE: EVH), a health care company?that delivers proven clinical?and?administrative solutions?to payers and?providers, today announced several significant achievements in 2019, spanning industry recognition, new agreements and clinical and financial impact for Evolent and its partners.

Founded in 2011, Evolent collaborates with partners to improve outcomes and lower health care costs for individuals and populations. Through operational scale, financial partnerships and clinical capabilities and expertise, Evolent provides resources to enable the delivery of whole-person, high-value care.

"At its heart, the unsustainable growth in health care spending is a problem of incentives: Our traditional system pits providers against payers and leaves patients in the middle," said Evolent Chief Executive Officer Frank Williams. "Evolent helps its partners to bridge that gap in a way that aligns their financial interests and focuses on improving members' health. I'm proud of the work we did in 2019 to strengthen and drive results for our payer and provider partner network, all while continuing to build upon our culture as an innovative and leading place to work in health care."

Among the company's 2019 accomplishments:

Achieving Industry Recognition and Advancing Workplace Culture

    --  Recognized by Becker's Hospital Review as one of the Top 150 Places to
        Work in Health Care for the fourth straight year. The publication
        highlighted our efforts in employee recognition, wellness, workforce
        diversity and inclusion, and philanthropy.
    --  Received a 95% score on its first-ever submission to the Human Rights
        Campaign's Corporate Equality Index, which rates employers on their
        support and inclusion of LGBTQ+ employees. Engagement in the
        employee-led Pride business resource group continues to flourish and
        pushes us to improve LGBTQ+ recruitment efforts and philanthropic
        support.
    --  Improved representation of female and minority leaders in the company by
        3 points and 1 point, respectively, at managing director and above
        levels. Entering 2020, 44% of leaders in this category are women and 26%
        are minorities. We continue to push for diversity and inclusion
        improvement and transparency, with more data forthcoming.
    --  Won a Health Value Award from the Validation Institute in the category
        of Value-Based Provider Care Facilitation, which recognizes
        organizations helping providers achieve enhanced value in care delivery.
    --  Continued engagement across employee-led business resource groups,
        including Women of Evolent, Evolent Emerging Leaders, Underrepresented
        Minorities, Pride, Beyond the Walls, and Serving Evolent's Reservists
        and Veterans (SERV).

Driving Clinical, Financial and Administrative Impact 

    --  Became the first company in the nation to earn National Committee for
        Quality Assurance (NCQA) Population Health Accreditation. In 2019,
        Evolent also earned 3-Year Accreditations in both Utilization Management
        and Case Management.
    --  Enabled our cohort of Next Generation Accountable Care Organization
        (NGACO) partners to achieve more than $100 million in gross savings in
        2017 and 2018(1), as announced in subsequent years. Two of Evolent's
        NGACO partners ranked in the top five nationally in 2018 in terms of
        gross savings. One of these partners has been ranked among the top five
        since partnering with Evolent in 2016.
    --  Identified more than 60,000 of the highest-risk patients--such as those
        with multiple chronic diseases and those transitioning from the
        hospital--and engaged them in care management programs to improve their
        outcomes and prevent avoidable utilization.
    --  Redesigned and relaunched behavioral health programming to effectively
        identify when a patient's severe mental illness is likely to be
        well-managed or uncontrolled to more accurately prioritize outreach to
        those with the highest risk and highest needs.
    --  Achieved 99%+ financial and procedural accuracy for Evolent Health
        Services partners.(2)
    --  Exited the year with more than 35 partners in the national network and
        more than 3.5 million lives across Medicare, Medicaid and commercial
        lines of business.

About Evolent Health
Evolent Health (NYSE: EVH) delivers proven clinical and administrative solutions that improve whole person health while making health care simpler and more affordable. Our three solutions encompass total cost of care management, specialty care management, and administrative simplification. Evolent serves a national base of leading payers and providers, is the first company to receive the National Committee for Quality Assurance's Population Health Program?Accreditation, and?is consistently recognized as a top place to work in health care nationally. Learn more about how Evolent is changing the way health care is delivered by visiting evolenthealth.com.

Contacts
Kim Conquest
Evolent Health
540.435.2095
kconquest@evolenthealth.com

(1) "Financial and Quality Results," CMS.gov. https://innovation.cms.gov/initiatives/Next-Generation-ACO-Model/. Total savings includes the shared savings payment made to ACOs, as well as savings that accrue to CMS through the benchmark discount and sharing rate and risk corridor elections.
(2) Based on results of Evolent's claims auditing: Financial Accuracy >99% average rating across 10 partners and Procedure Accuracy >99% rating across 8 partners.

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SOURCE Evolent Health