Bethesda, Md. [August 15, 2017] – Today, Aledade, Inc. announced it is forming a primary care physician-led Accountable Care Organization (ACO) in New Jersey. As a national leader in value-based care, Aledade will bring its innovative new model of primary care to New Jersey physicians to help them deliver high-quality care and better outcomes for the state’s patients. Aledade’s ACO in New Jersey will benefit from the support of a local health care leader, the New Jersey Academy of Family Physicians (NJAFP).
“Aledade believes primary care physicians are uniquely positioned to lead the shift to and succeed in the new value-based health care system. We are excited to help New Jersey physicians take advantage of our innovative care model that allows them to practice medicine how they’ve always wanted to by remaining independent and focusing on patients, not paperwork,” said Dr. Farzad Mostashari, CEO and co-founder of Aledade.
Aledade offers a new model of primary care by partnering with physicians to build and lead ACOs – networks of physicians who band together to deliver high-quality care under a value-based payment structure that rewards positive health outcomes for patients, instead of the volume of health care services delivered.
In New Jersey, Aledade will work with the NJAFP to achieve the shared goal of helping primary care physicians embrace practice innovations and transformation to achieve the best quality care. Aledade has already recruited local, independent primary care practices to join the statewide ACO and will continue to add practices as it works toward a January 2018 launch.
“NJAFP has a long history of collaborating with organizations that understand the value primary care adds to the health care system,” said Ray Saputelli, MBA, CAE, Executive Vice President of NJAFP. “There’s no doubt our extensive experience in this area coupled with the expertise of Aledade and our shared mission of advocating for family physicians and patients will help family physicians truly transform their practices to realize the promise of the quadruple aim of lower costs, improved quality, better patient outcomes and increased physician satisfaction.”
Aledade will partner with New Jersey physicians to provide the software, data, and people needed to succeed in value-based health care. In this partnership, Aledade offers physicians unparalleled regulatory expertise; cutting-edge 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. In addition, Aledade brings New Jersey physicians best practices and insights from its national network of primary care physicians.
Founded in 2014, Aledade’s Accountable Care network has grown to include 200 independent, physician-led practices across 15 states that together represent 240,000 covered lives and $2 billion in health care spending. Aledade’s value-based primary care model now delivers care across all payer and patient populations, including Medicare, Medicare Advantage, Medicaid, and commercial health plans.
In their first year as ACOs, Aledade practices have increased pneumonia vaccinations by nearly five times, more than tripled preventive care visits, and more than doubled transitional care services for patients leaving a care facility. Readmissions and unnecessary emergency department visits fell in both of Aledade’s inaugural ACOs, and practice revenue grew by an average of 66 percent. Today, all of Aledade’s partner practices offer same or next day appointments, and 95 percent provide access to an on-call physician 24 hours a day, 7 days a week.
Practices interested in learning more about Aledade in New Jersey should visit aledade.com/about-us/where-we-are/coming-soon.
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, best practices developed with and shared by a national network of physicians, and face-to-face practice transformation support. Since its founding in 2014, Aledade has established successful ACOs in Arkansas, Delaware, Florida, Kansas, Louisiana, Maryland, Michigan, Mississippi, Missouri, New York, Pennsylvania, Tennessee, Utah, Virginia, and West Virginia, which care for more than 240,000 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.
About the NJAFP
For more than 65 years, the New Jersey Academy of Family Physicians has been advancing the cause of family physicians and their patients. With more than 2,000 members, including active practicing family physicians, residents in family medicine, and medical students interested in the specialty, the NJAFP is the largest primary care medical specialty society in the state and a chapter of the American Academy of Family Physicians. To learn more about NJAFP, visit www.njafp.org.
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