Iowa Clinic Signs Multi-Year Agreement with Counterpart Health to Deploy Proven AI Technology to Hundreds of Healthcare Providers in the Midwest Page 1

FRANKLIN, Tenn., Sept. 3, 2024 (GLOBE NEWSWIRE) — Today, Counterpart Health, Inc.(“Counterpart”), a leading AI-driven clinician support platform, has announced a multi-year agreement with The Iowa Clinic, PC., one of the most respected multispecialty healthcare groups in the United States. This deal positions The Iowa Clinic as one of Counterpart’s key clients in the Midwest as Counterpart pursues broader strategic expansion across the country. Counterpart is a subsidiary of Clover Health Investments, Corp. (NASDAQ: CLOV) (“Clover Health”).

Founded in 1994, The Iowa Clinic is a benchmark for excellence in American healthcare and is recognized by the U.S. government as one of America’s Top 100 Healthcare Providers. Becker’s Hospital Review and a recipient of multiple Press Ganey Guardian of Excellence Awards for patient satisfaction. As the largest physician-owned multispecialty group in its community, with more than 250 providers in over 40 specialties, The Iowa Clinic is celebrated for its groundbreaking, physician-driven, patient-centered model. It has also been recognized for its leadership in patient safety by the
Leapfrog Group and quality assurance by the NCQA. The clinic is a frequent collaborator in national research and an early adopter of advanced diagnostic technologies, with physicians regularly appearing in Connolly’s Castle list of America’s Best Doctors. Known for its clinical expertise and commitment to innovation, The Iowa Clinic consistently delivers world-class, patient-centered care.

Under the terms of the agreement, clinicians serving patients in The Iowa Clinic’s Medicare Advantage and Medicare Shared Savings Programs will use Counterpart Assistant, Counterpart Health’s advanced cloud-based software platform. Additionally, the platform will be made available to The Iowa Clinic’s clinically integrated network partners throughout the Midwest. Counterpart will receive a per-member, per-month fee, as well as potential incentive payments based on achievement of certain care management goals.

“Counterpart Assistant was developed in one of the most challenging healthcare markets in the country and is attracting leading payers and providers who are committed to addressing the complex needs of patients in challenging markets,” said Andrew Toy, CEO of Clover Health. “The Iowa Clinic is at the forefront of innovative, value-based care solutions and we are confident our technology will deliver significant clinical value to the hundreds of physicians within this leading provider group, as well as their Medicare patients.”