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20 Best Small Companies to Watch 2021

A new company with an old-fashioned goal: putting doctors back in control of health care: Aledade, Inc.

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“Leverage our patient worklists to identify high-priority action items, including risk suggestions, preventive care opportunities, and recent hospital events.”

The medical profession isn’t all about treating illness, it’s also about enhancing patient care in any way possible. Patient-centered care has a variety of benefits, and all can improve the quality of life for both practical and vocational nurses and the people they care for. Patient-centered care involves the sharing of information with patients that is tailored to their particular needs, beliefs and expectations. It’s important to remember that patients are people, not just the illnesses they have, and should be treated with compassion and respect. Giving quality patient care can absolutely have an effect on health outcomes. It contributes to a more positive patient recovery experience and can improve the physical and mental quality of life for people with serious illnesses, such as cancer. The personalization of care also helps patients overcome the natural fears and anxieties that come with being in a hospital setting. Healthcare is a part of life we all consider to be something we are entitled to – it is our right to have access to healthcare whenever we need it. However, for many people across the world, this is simply not an option. Those living in poverty or dealing with the devastating effects of war and conflict do not have access to healthcare – even the most basic medical supplies are out of reach for many vulnerable people.

Aledade is a new company with an old-fashioned goal: putting doctors back in control of health care. Aledade partners with independent, primary care physicians to provide everything the doctors need to create and run an Accountable Care Organization (ACO) – from business and practice transformation services to upfront capital and a cutting-edge technology platform. The company’s customized solutions – and its 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.

Simplify Your Workflows

Aledade’s co-founders realize that there is consensus to move away from the fee-for-service system, but understand that this shift requires immense effort. Aledade, Inc. believes that primary care providers are well-positioned to lead the shift from fee-for-service to a value-based health care system. At a time 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. Aledade accomplishs this by partnering with primary care physicians to build and lead Accountable Care Organizations (ACOs) that allow these doctors to remain independent, practice medicine the way they always wanted to, and thrive financially by keeping people healthy. Since its founding, Aledade has grown rapidly, partnering with more providers and covering more patients. The company currently operate ACOs across 31 states in partnership with more than 800 primary care practices, including over 100 federally-qualified health centers. Through this nationwide network, Aledade practices manage roughly $12 billion in healthcare spending through 35 Medicare and 51 other value-based contracts and provide care for nearly 1.2 million patients. Put simply, the Aledade model is working. And, most importantly, they are doing this while following the simple, but radical idea that Aledade only succeeds when its partner practices succeed in delivering better care at a lower cost.

Comprehensive Insights

An Aledade is an instrument that travelers used in celestial navigation. When using the stars and the sky to navigate, travelers would point the aledade, which stays constant, to the North Star and use it to keep course. In a similar fashion, they chose the name Aledade to remind them to always keep a sense of true north as they navigate the way to a new model of primary care. The journey to a value-based care system will be full of challenges and successes, but using expertise and experience in the field, Aledade can help partners reach the destination of better value care at a lower cost. With the Aledade App, the population health SaaS technology, you can quickly access integrated data from across the care continuum so that you can focus on your highest priority: your patients.

Meet the leader behind the success of Aledade, Inc.

Co-Founder and CEO Farzad Mostashari, MD 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 issues affecting health IT, ACOs, and health care policy and delivery. He has been published in the New York Times, the Journal of American Medical Association, and Health Affairs, among others. 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.

“Generate near-term revenue, quality bonus, and shared savings revenue opportunities while improving staff and patient satisfaction.”