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Aledade Expands into New Patient Populations and New Markets

Bethesda, MD— On the second anniversary of its founding, Aledade announced several key partnerships that highlight how the company is growing and expanding beyond Medicare into new patient populations, including private insurance and Medicaid.

Aledade is partnering with two new entities: Blue Cross Blue Shield of Louisiana to provide care to their members and 10 Federal Qualified Health Centers in West Virginia to provide care to low-income patients.

In addition, Aledade is expanding its geographic coverage and partnering with primary care physicians to form ACOs in Nevada/Utah, Michigan, Missouri, and Pennsylvania.

“These strategic partnerships are about helping independent primary care doctors provide quality, affordable, personalized care to more and more patients,” said Dr. Farzad Mostashari, CEO and co-founder of Aledade. “At Aledade, we believe independent primary care doctors are the foundation of an effective and efficient health care system.”

In Louisiana, Aledade has signed its first commercial contract with Blue Cross Blue Shield of Louisiana. Aledade’s physician-led ACO will join Blue Cross Blue Shield’s Quality Blue Value Partnership (QBVP) program. The Aledade ACO and its member physicians will take on accountability for the total health care experience of Blue Cross Blue Shield of Louisiana patients cared for by the ACO’s practices.

Aledade’s Louisiana ACO is made up of six leading primary care practices in Lafayette, New Iberia, Abbeville and Opelousas, providing care to over 6,000 Medicare beneficiaries and is the only physician-led ACO in Louisiana to start in 2016 through the Medicare Shared Savings Program (MSSP). Aledade’s partnership with Blue Cross Blue Shield of Louisiana will double the number of patients benefiting from the coordinated, high-quality care delivered by Aledade’s Louisiana ACO.

In West Virginia, Aledade is partnering with the West Virginia Primary Care Association and forming a new Federally Qualified Health Center (FQHC) led ACO. The Aledade West Virginia Health Center ACO brings together 10 leading health centers from across West Virginia to deliver high-quality, coordinated care to medically underserved communities in the state. It is the only health center led ACO in the state.

The Aledade West Virginia Health Center ACO will focus on care coordination, population health management, and preventive care for 13,000 patients, which will nearly triple Aledade’s patient population in the state. Aledade currently has an existing ACO covering nearly 8,000 patients.

“It is a testament to the strong team we have built that within two years we are expanding beyond Medicare and taking our commitment to better care, better health, and smarter spending to new patient populations,” said Dr. Mostashari. “These new partnerships signal that our value based care model works.”

In addition, Aledade is establishing ACOs in new markets in Pennsylvania, Michigan, Missouri, Utah and Nevada.

In Pennsylvania, Aledade is setting up two physician-led ACOs. The first ACO is in partnership with Gateway Medical Associates and will deliver high-quality, coordinated care to 6,200 Medicare beneficiaries across Chester and Delaware County in south-east Pennsylvania. The second ACO includes three local practices in central Pennsylvania: Graham Medical in Newville; Southeast Lancaster Health in Lancaster; and Waynesboro Family Medical Associates in Waynesboro, and continues to identify and recruit high-quality practices.

In Michigan, Aledade is partnering with Great Lakes Organized Systems of Care (OSC) to establish the Great Lakes Physicians ACO in mid-Michigan. The ACO is currently made up of 15 practices and will also continue to identify additional high-quality practices. The physician-led ACO will deliver high-quality care through a focus on care coordination, population health management, and preventive care.

In Utah and Nevada, Aledade has established a physician led ACO that covers both states. The ACO has expanded to nine new practices in Utah and continues to identify and recruit high-quality practices in both Utah and Nevada.

 

In the Aledade model, primary care physicians are provided with unparalleled regulatory expertise; best practices from Aledade’s 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.

This week, Aledade is celebrating two years since its founding in June 2014 with significant achievements. 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.

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 have 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:
Tait Sye
press@aledade.com 
(202) 792-7200