Fresenius Medical Care Joins Health Care Transformation Task Force

Alliance of Private Sector Leaders Spearheading Adoption of Value-Based Payment Models

WALTHAM, Mass. – The newly formed Health Care Transformation Task Force, a partnership of leading health care payers, providers, purchasers and patient organizations, announced today that Fresenius Medical Care North America (NYSE:FMS) has joined its membership, and Ron Kuerbitz, CEO of Fresenius Medical Care North America, has been named to serve on the group’s board. The company will have additional representation on the Task Force’s work groups.

The Task Force is an industry consortium that brings together patients, payers, providers and purchasers to align private and public sector efforts to clear the way for a sweeping transformation of the U.S. health care system. By developing and disseminating strategy, operational and policy recommendations, it seeks to spark rapid, measurable change across the health care landscape. Its members are committed to having 75 percent of their respective businesses operating under value-based payment arrangements by 2020.

“We welcome Fresenius Medical Care as an important partner in the Task Force’s work to accelerate the transformation of the U.S. health care system,” said Richard J. Gilfillan, MD, CEO and president of Trinity Health and the Task Force’s chairman. “There is a vital need for the people who receive, give and pay for care to work cooperatively to accelerate our efforts to improve the cost and quality of care. We value the commitment and experience Fresenius brings to our effort.”

As North America’s largest provider of kidney care, hospitalist services and renal products, Fresenius Medical Care is positioned to advance the Task Force’s goals and to bring value-based care to the chronically ill, who are among the most clinically complex and expensive patients to treat. Fresenius Medical Care has already developed value-based measures and risk-based collaborations with provider groups and payers through population management programs that specifically target the chronically ill.

“We are very excited to be working with the Task Force,” noted Kuerbitz. “In particular, its focus on finding new and better ways to care for the chronically ill is of critical importance. By sharing our thinking and collective experiences, Task Force members can make it easier for participants across the health care spectrum to deliver higher quality and more cost effective care. This kind of collective effort is needed now more than ever.”

About Health Care Transformation Task Force
Health Care Transformation Task Force is an industry consortium that brings together patients, payers, providers and purchasers to align private and public sector efforts to clear the way for a sweeping transformation of the U.S. health care system. Our members are committed to rapid, measurable change, both for ourselves and our country. Our members aspire to having 75 percent of our respective businesses operating under value-based payment arrangements by 2020. To learn more, visit www.hcttf.org.

About Fresenius Medical Care North America
Fresenius Medical Care North America is the premier health care company focused on delivering the highest quality care to people with renal and other chronic conditions. Through its industry-leading network of dialysis facilities, outpatient cardiac and vascular labs and urgent care centers, as well as the country’s largest practice of hospitalist and post-acute providers, Fresenius Medical Care provides coordinated health care services at pivotal care points for hundreds of thousands of chronically ill customers throughout the continent. As the world’s only vertically integrated renal company, it offers specialty pharmacy and laboratory services, and manufactures and distributes the most comprehensive line of dialysis equipment, disposable products and renal pharmaceuticals. For more information, visit the FMCNA website at www.freseniusmedicalcare.us.

Media Contact:
Jon Stone
Jonathan.d.stone@fmc-na.com
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