Mostashari's Aledade Reports Primary Care ACO Network Has Doubled in Size | Healthcare Informatics Magazine | Health IT | Information Technology Skip to content Skip to navigation

Mostashari's Aledade Reports Primary Care ACO Network Has Doubled in Size

November 1, 2016
by Heather Landi
| Reprints

Bethesda, Md.-based Aledade, a company focused on physician-led accountable care organizations (ACOs), has announced that its primary care ACO network has doubled in size.

Since January 2016, Aledade ACOs now include over 200 independent, physician-led practices in 15 states, representing more than 200,000 covered lives and nearly $2 billion in health care spending.

“Aledade’s growth in such a short amount of time demonstrates that there is a real thirst for a new model of primary care, one that empowers physicians to succeed,” Farzad Mostashari, M.D., CEO and co-founder of Aledade and former National Coordinator for Health IT, said in a statement. “As we enter this next phase of growth, we will look for more opportunities for Aledade to enter new markets through public as well as private payers and partnerships that help our doctors deliver better outcomes, boost quality, and lower costs.”

This year, Aledade and its network of primary care practices added ACOs in four new states for the 2017 ACO program year: Michigan, Missouri, Pennsylvania, and Utah.

The company has also moved beyond Medicare, signing agreements with four private payers to provide coordinated care. Aledade now has commercial agreements with Blue Cross Blue Shield of Kansas, Blue Cross Blue Shield of Louisiana, Florida Blue, and West Virginia Public Employees Insurance Agency.

Aledade launched in 2014, and by 2015 the company expanded initially from New York, Maryland, Delaware, and Arkansas to include West Virginia, Louisiana, Kansas, Mississippi, and Florida. Last year, the company reported that it was on course to triple the number of covered Medicare beneficiaries in Aledade ACOs from approximately 25,000 in 2014, to more than 75,000 in over 100 physician practices by the end of 2015.

and Aledade’s growth is supported by funding from venture capital firms Venrock, ARCH Venture Partners, and Biomatics Capital.

“After building a robust foundation in Medicare Shared Savings Programs across the country, we are now broadening our reach with new partnerships that enable independent primary care practices to take advantage of value-based opportunities with payers that have previously only been available to large physician networks and hospital providers,” Daniel J. Krifcher, chief commercial officer at Aledade, said in a prepared statement.

“Partnering in an Aledade ACO helped my practice implement the population health management tools needed to deliver high-quality, coordinated care. This partnership grants us comprehensive data that allows us to expand value-based care to both our Medicare and commercial patients, allowing us greater insight into their total health,” Jen Brull, M.D., physician owner at Post Rock Family Practice and medical director for the Aledade Kansas ACO, said in a statement.

Additionally, the company has reported that in 2015, the Aledade Primary Care ACO—with practices in Maryland, New York, and Arkansas—was in the 98th percentile of quality scores across all 327 ACOs that began in 2012 and 2014, and the Aledade Delaware ACO was in the 88th percentile.

According to a company press release, at the practice level, Aledade ACOs had a 251 percent average increase in preventive care visits and a 175 percent average increase in transitional care services in 2015. The ACOs also saw a decrease in emergency department visits, hospital utilization, and hospital readmission rates. And the company is reporting that Aledade ACOs had a $51,000 average increase in practice revenue.

 

Get the latest information on Health IT and attend other valuable sessions at this two-day Summit providing healthcare leaders with educational content, insightful debate and dialogue on the future of healthcare and technology.

Learn More

Topics

News

Healthcare Execs Anticipate High Cost Returns from Predictive Analytics Use

Healthcare executives are dedicating budget to predictive analytics, and are forecasting significant cost savings in return, according to new research from the Illinois-based Society of Actuaries.

Adam Boehler Tapped by Azar to Serve as Senior Value-Based Care Advisor

Adam Boehler, currently director of CMMI, has also been named the senior advisor for value-based transformation and innovation, HHS Secretary Alex Azar announced.

Vivli Launches Clinical Research Data-Sharing Platform

On July 19 a new global data-sharing and analytics platform called Vivli was unveiled. The nonprofit group’s mission is to promote, coordinate and facilitate scientific sharing and reuse of clinical research data.

Survey: More Effective IT Needed to Improve Patient Safety

In a Health Catalyst survey, physicians, nurses and healthcare executives said ineffective information technology, and the lack of real-time warnings for possible harm events, are key obstacles to achieving their organizations' patient safety goals.

Physicians Still Reluctant to Embrace Virtual Tech, Survey Finds

While consumers and physicians agree that virtual healthcare holds great promise for transforming care delivery, physicians still remain reluctant to embrace the technologies, according to a new Deloitte Center for Health Solutions survey.

Geisinger, AstraZeneca Partner on Asthma App Suite

Geisinger has partnered with pharmaceutical company AstraZeneca to create a suite of products that integrate into the electronic health record and engage asthma patients and their providers in co-managing the disease.