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ChenMed Celebrates 28% Membership Growth in 2017

Dedicated Senior Medical Center to Triple in Size in 2018

ChenMed, one of the nation's leading primary care providers, today announced it expects 2018 to be a banner year for its more than 40 practices in six states, as well as for 10 new Dedicated Senior Medical Centers opening in Philadelphia plus Jacksonville, Tampa, Largo and Bradenton, Florida. Leases have been signed and construction is being expedited by the innovative Medicare Advantage provider that achieved 28 percent growth in 2017 membership, while individual Medicare Advantage plan memberships in the United States grew by just 6.1 percent.

"Our percent of growth is nearly five times that achieved by all of the nation's health insurance companies selling individual Medicare Advantage plans in 2017," notes Christopher Chen, MD, ChenMed CEO. "This is a big deal for tens of thousands of older adults in Florida, Georgia, Illinois, Kentucky, Louisiana, Pennsylvania and Virginia. Medicare Advantage is precisely what enables ChenMed doctors to help seniors consistently enjoy substantively more healthy days, significantly fewer in-patient hospital admissions, and far fewer emergency room visits than County-specific averages reported by the Centers for Medicaid and Medicare Services."

ChenMed's aggressive 2018 growth plans include expanding its total medical practice footprint to 53 centers in seven states; and increasing the number of its Florida centers by 36 percent. "We're opening four new Dedicated Senior Medical Centers in Philadelphia, plus three in Jacksonville, plus two more in Tampa Bay, plus one in Bradenton," says Gaurov Dayal, MD, ChenMed President, New Markets and Chief Growth Officer. "With Dedicated coming to their neighborhoods, thousands more at-risk seniors finally will have primary care physician champions for their total health and well-being."

Three of ChenMed's most gifted physician leaders, Susan Schayes, MD, MPH, FAAFP, Jorge Alfonso, MD, and Maina Gatonye, MD, have been promoted after years of exemplary service. ChenMed National Director of Primary Care and Regional Chief Medical Officer (RCMO) Schayes will oversee Dedicated's clinical entry into the highly competitive Philadelphia market. Dr. Alfonso, ChenMed RCMO Florida South is now on point to ensure clinical excellence at six Chen Senior Medical Centers in Central Miami, plus five Dedicated campuses in Tampa Bay, one in Bradenton and two in Lakeland, Florida. Dr. Gatonye, RCMO Florida North, now provides best-in-class oversight for six Chen Senior Medical Centers in Northern Miami, plus three new Dedicated practices in Jacksonville.

ChenMed senior medical centers provide access to high-quality, concierge-style care for some of the neediest patients. ChenMed focuses on preventative care and services including courtesy transportation, on-site specialists and medication dispensing, and, importantly, more face-to-face time with physicians.

ChenMed's model of high-touch care has proven to drive successful patient outcomes. A recent report released by ChenMed showed that its doctors spend 189 minutes face-to-face with each patient annually - more than nine times the national average. As a result, ChenMed rates of emergency room visits are 33.6 percent lower than the national average among Medicare beneficiaries. ChenMed patients also average 28 percent fewer in-patient hospital admissions and 25 percent fewer in-patient days than the average Medicare beneficiary.

About ChenMed 
For seniors most in need of care, high-quality health care is too often beyond reach. ChenMed was founded to bring concierge-style medicine - and better health outcomes - to the neediest populations. ChenMed serves seniors with low-to-moderate incomes, most managing multiple chronic conditions, in what by August should be 53 senior medical centers in 13 markets.

ChenMed's mission is to honor seniors with affordable VIP care that delivers better health. To do that, ChenMed relies on innovative technology and a talented, resourceful and compassionate team of providers. Founded by Dr. James Chen, a Taiwanese immigrant and cancer survivor, the company's well-known brands include Chen Senior Medical CenterDedicated Senior Medical Center, and JenCare Senior Medical Center.