November 25, 2020
Bethesda, MD— Today, Aledade announced it has expanded its primary care physician-led Accountable Care Organization (ACO) in Utah. Announced earlier this year, Aledade’s Utah ACO is expanding to nine practices, with 24 providers caring for 5,500 Medicare beneficiaries. In the Aledade ACO, these practices will deliver high-quality care through a focus on care coordination, population health management, and preventive care.
“Aledade believes primary care is the foundation of an effective health care system and we’re excited to help physicians in Utah deliver high-quality, personalized care. With Aledade’s new model of primary care, the ACO practices will be back where they should be: quarterbacking their patients’ health care,” said Dr. Farzad Mostashari, CEO and co-founder of Aledade.
Aledade will continue to identify and recruit high-quality practices with the support of its local partner, HealthInsight, a regional health improvement collaborative that provides unmatched knowledge of the local health care landscape and in-person guidance to the ACO practices.
Aledade offers a new model of primary care by partnering with physicians to build and lead Accountable Care Organizations (ACOs) – networks of physicians who band together to deliver coordinated care to patients. Aledade ACOs allow doctors to stay independent, practice medicine like they’ve always wanted to, and thrive by keeping people healthy. The Aledade model operates under a value-based payment structure that rewards positive health outcomes for patients, instead of the volume of health care services delivered.
“It’s clear we need a new model in health care, one that shifts the emphasis from the mere provision of healthcare, to an emphasis on health and on the outcomes of healthcare,” said Dr. John Berneike of St. Mark’s Family Medicine Residency. “We joined Aledade because it is a based specifically on primary care practices, which should be the foundation of this new healthcare model.”
In the Aledade model, Utah primary care physicians are provided unparalleled regulatory expertise; best practices from a national network of hundreds of primary care doctors; user-friendly technology and data analytics that provide visibility into the spectrum of care their patients receive outside their office; and face-to-face practice transformation support.
Since its founding in June 2014, Aledade has grown tremendously, partnering with more than 110 practices across 11 states, covering more than 100,000 patients, and taking accountability for nearly a billion dollars of annual medical costs. Aledade is also expanding into new patient populations and entering new markets. This week, Aledade announced new partnerships with (1) Blue Cross Blue Shield of Louisiana to provide care to their members, (2) 10 Federal Qualified Health Centers in West Virginia to provide care to low-income patients, and (3) new ACOs forming in Michigan, Missouri, and Pennsylvania.
New data shows that Aledade ACOs, in 2015, had a 251% average practice increase in preventive care visits and a 175% average practice increase in transitional care services, resulting in a decrease in hospital readmission rates. Aledade ACOs had a $51,000 average increase in practice revenue in 2015.
Also this week, Aledade launched a redesigned website that better highlights Aledade’s new model of primary care and encourages the public, providers, and others to visit: aledade.com
Aledade is celebrating its two-year anniversary with the hashtag: #GrowWithUs.
All Aledade practices offer same or next day appointments for patients with urgent needs, and 95 percent of Aledade physician partners provide 24 hour-a-day, seven-day-a-week patient access to an on-call doctor. All new and existing ACOs manage these cornerstones of care through Aledade’s proprietary, cloud-based technology and analytics platform.
ABOUT ALEDADE
Founded in 2014, Aledade offers a new model of primary care that puts physicians back where they should be: quarterbacking their patients’ health care. Aledade partners with primary care physicians to build and lead Accountable Care Organizations (ACOs) that allow these doctors to stay independent, practice medicine like they’ve always wanted to, and thrive financially by keeping people healthy. Aledade provides data analytics and user-friendly technology to help doctors provide more seamless care, unparalleled regulatory expertise, the best practices shared by a national network of hundreds of doctors, and face-to-face practice transformation support. Based in Bethesda, MD, Aledade is led by CEO and co-founder Dr. Farzad Mostashari, former National Coordinator for Health Information Technology at the U.S. Department of Health and Human Services. Since its founding in 2014, Aledade has established successful organizations in New York, Delaware, Maryland, Arkansas, West Virginia, Tennessee, Mississippi, Florida, Louisiana, Virginia, and Kansas, which care for more than 100,000 patients.
At the heart of the Aledade model is the simple, but radical, idea that Aledade only succeeds when partner practices succeed in delivering better care at a lower cost. For more information, visit aledade.com.
FOR IMMEDIATE RELEASE:
For more information regarding Aledade, contact:
press@aledade.com
(202) 792-7200