InterWell Health today announced it completed a three-way merger between Fresenius Medical Care’s value-based care division, Fresenius Health Partners; InterWell Health, a physician organization driving innovation in the kidney care industry; and Cricket Health, a provider of value-based kidney care with a patient engagement and data platform.
The new independent company, which will operate under the InterWell Health brand, will partner with a patient’s nephrologist.
Announced in March, the merger positions the new InterWell Health to engage and manage the care of more than 270,000 individuals living with kidney disease in the U.S. It expects to have $11 billion in costs under management by 2025, an increase from 100,000 covered patients and $6 billion currently under management. Read more.
