Oak Street Health, a Chicago-based company that provides care for more than 30,000 elderly people at nearly 20 sites in Illinois, Indiana and Michigan, has inked what could be a lucrative risk-based deal
to join Aetna’s Medicare Advantage network. Oak Street will be paid a set fee for each Aetna member it treats. For Hartford, Conn.-based Aetna, developing relationships with doctors to treat elderly patients, who are often expensive with multiple ailments such as diabetes, high blood pressure or heart disease, is key to managing medical care and costs. The Oak Street team care model includes a doctor, nurse and care manager, among other providers. Clinics also offer classes for patients on everything from using the internet to learning Spanish.