Questions and Answers
Devoted Vision - ANSWER >60 net promoter score (NPS), while reducing costs by
20%, Long term
5 Core Ingredients - ANSWER 1. Newer Medicare Advantage Plan
2. Devoted Tech Platform
3. Partnership with strong pcp's
4. Devoted Health Guides
5.Devoted Medical Group
Our Growth - ANSWER Todd and Ed Park launched Devoted in 2017 (our first
membership came in 2019).
We are currently the fastest growing Medicare Advantage plan in the country. Devoted
has 18,000 + members, as of May 2020.
We have raised over $300 million, and are financially stable. We are building for a
rolling 20-year horizon; we are not in the business of building and selling.
Why we Start from Scratch - ANSWER Building from the ground up means that we have
not wasted time revising clunky systems or outdated tech.
When everyone builds the company together, there is no pre-existing corporate culture
that needs to be changed.
Devoted Tech Platform - ANSWER Our results: Faster claims processing - we pay
specialists within 5 business days, 90% of the time. Prior authorizations processing
within 72 hours. Credentialing process - less than 2 weeks to credential new providers.
Faster commission payments.
Partnerships with strong PcP's - ANSWER Partner with high-performing Pcp
Devoted Health Guides - ANSWER Navigators, Problem-Solvers, Supporters
We Stand By What We Say - ANSWER -When it comes to answering the phones.....
Our average speed of answer is 24 seconds.
82% of calls are answered in less than 30 seconds.
-When it come to solving our member's issues.....> 80% of member issues are resolved
same-day.> 90% of member issues are resolved within 3 days.
Devoted Medical Group - ANSWER Devoted Medical Group (DMG) is designed to help
provide additional virtual and in-home care above and beyond the care they receive
from their physicians now.
Our team is comprised of doctors, nurse practitioners, and nurses providing care in
members homes and over the phone.