30 Best Small Companies to Watch 2020
The Silicon Review
The healthcare landscape is undergoing many changes, creating challenges for primary care providers as they work to deliver quality care to the communities they serve. Accountable care organizations (ACOs) are provider and payer arrangements established to improve care coordination between primary care physicians, hospitals, specialists, and public or private health payers. It is expected that ACOs will be capable of reaching quality improvement goals and reducing the costs associated with medical services by bringing greater focus to population health management. The most considerable benefit that it could bring for the healthcare industry is to garner cost savings or reduce spending. The benefits of ACOs are numerous, and many stakeholders obtain advantages from this model of care. The patient community gains a wide number of advantages, including improved outcomes, the better quality of care, greater engagement with providers, and an overall reduction in out-of-pocket costs.
Aledade, Inc. is one such firm that can help your independent primary care practice thrive by offering personalized practice transformation services, access to meaningful data, and a true commitment to your success. Aledade is a new company with an old-fashioned goal: putting doctors back in control of health care. When it's becoming increasingly difficult for primary care physicians to deliver quality, personalized care to the communities they serve, Aledade offers a new model of primary care that puts physicians back where they should be: quarterbacking their patients' health care. Its customized solutions and continuous, on-the-ground support of physician partners will help doctors in all types of communities across America preserve their autonomy, deliver better care to their patients, reduce overall costs, and keep independent physician practices flourishing.
Path-breaking solutions provided by Aledade, Inc.
Health Plans: Aledade partners with independent providers, often in historically hard-to-reach rural areas. By establishing value-based contracts, independent practices gain the tools they need to succeed with Accountable Care. Its proprietary population, health management platform, is integrated with more than 90 EHR providers, allowing practices to identify and connect with at-risk and high-risk patients easily. Primary care practices and Aledade only share savings when demonstrating value and reducing the total cost of care.
360° Practice Support: Aledade does not own or manage your practice. They are committed to true clinical and operational autonomy for their partners. The company's role is to provide clarity, simplicity, and support for providers while aligning physician incomes with patient outcomes. To ensure its partners are prepared for excellence, every member of an Aledade ACO receives the support. Aledade helps turn those pressures into clear and attainable opportunities to deliver better care, strengthen relationships with your patients, and secure long-term sustainability for your practice.
Value-based care: It is a form of reimbursement that ties payments to quality performance, patient outcomes, and appropriate reductions in spending instead of the volume of services provided. The company's goal is to keep patients healthier for longer while curbing the nation's unsustainable spending on low-value healthcare services. In value-based care arrangements, healthcare providers contract with the government or commercial payers to meet certain clinical and financial benchmarks designed to promote proactive, preventive, coordinated care.
The Formidable Leader
Dr. Farzad Mostashari is the Co-Founder and also serves as the Chief Executive Officer of Aledade, Inc. He has spent his career at the forefront of healthcare policy and health information technology. Dr. Mostashari is the former National Coordinator for Health IT at the Department of Health and Human Services and served as a distinguished expert at the Brookings Institute's Engelberg Center for Healthcare Reform. Prior to his work at the Office of the National Coordinator, he founded the NYC Primary Care Information Project, which equipped 1,500 physicians in underserved communities with electronic health records. He has spoken and written extensively on health IT, ACOs, and healthcare policy and delivery issues. He has been published in the New York Times, the Journal of American Medical Association, and Health Affairs.
Dr. Mostashari received his MD from Yale University School of Medicine and his Masters in Population Health from Harvard T.H. Chan School of Public Health.
"Aledade works extensively with a variety of health plans and payers to expand value-based care and bring practices' entire patient panels under value-based incentives."