History
Origin
The name “CareMore” was chosen because it embodies a philosophy that inspires proactive care and a caring touch—qualities that continue to drive our success.
CareMore’s foundation was established over 20 years ago as an innovative medical group that reorganized the health care delivery system in order to proactively manage health and improve quality in the high-risk Medicare population. Throughout its history, CareMore has led the industry in clinical and quality outcomes, and continues to innovate with the aim of maintaining that industry leadership.
Timeline
1993
Sheldon Zinberg and physicians operating 28 medical offices in Southern California launch CareMore Medical Group.
1997
CareMore restructured as a Medicare Advantage program and focus turns to elderly patient care.
The Medicare Advantage program was deliberately chosen as a strategic mechanism to fund our program because it allows us to construct financial incentives that are aligned with patient outcomes.
2005-2010
+15% yearly membership growth
2006
Acquired by JP Morgan
2007
Introduces Special Needs Plans
2009-2010
Expands to Northern California,
Nevada, and Arizona
2011
CareMore serves 50,000 patients
/
Acquired by WellPoint
later renamed Anthem
2013-2014
Expands to Ohio, Virginia, and Tennessee incorporating Medicaid patients
2015-2016
CareMore serves 100,000 patients
/
Expands to Georgia
2016
Expanding to Iowa and beyond
Today, CareMore serves high-risk Medicare, Medicaid, and dual populations that drive the majority of costs in the health care system. This success has led us to build other core capabilities, as we have recently expanded in some locations to include Medicaid populations.