August 15, 2016
FOR IMMEDIATE RELEASE
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Bethesda, MD — Today, Aledade, Inc. announced it is forming a new primary care physician-led Accountable Care Organization (ACO) in Arkansas. The Aledade® Arkansas ACO is the first of its kind in the state and has already recruited ten independent practices consisting of more than 40 providers who provide care to over 12,000 Medicare beneficiaries.
The Aledade® Arkansas ACO is supported by local partner the Arkansas Foundation for Medical Care, Inc. (AFMC), a leading health care quality improvement organization with more than 40 years of experience in the state. AFMC will provide unmatched knowledge of the local health care landscape and in-person guidance to the ACO practices. By partnering in the ACO, Aledade and AFMC will help doctors deliver high-quality care through a focus on care coordination, population health management, and preventive care.
“At a time when regulation and consolidation are making it harder for independent 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,” 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 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.
The leading local practices who have already joined Aledade’s Arkansas ACO include: Malvern Family Medical Clinic. in Malvern; The Winston Clinic, P.A. in Sheridan; James E. Zini D.O., P.A. in Mountain View; Malvern Diagnostic Clinic in Malvern; Cowherd Family Medical Center in Heber Springs; Randy D. Walker M.D. in De Queen; SAMA Healthcare Services P.A. in El Dorado; Autumn Road Family Practice in Little Rock; Jacksonville Medical Care in Jacksonville; and Cabot Medical Care Clinic in Cabot.
The ACO expands on Aledade’s work with local practices in Arkansas who had previously participated in the multi-state Aledade® Primary Care ACO. Additionally, some Aledade Arkansas ACO practices plan to apply for CMS’ new Comprehensive Primary Care Plus (CPC+) initiative, a multi-payer primary care program that aims to improve health outcomes and lower costs by giving practices more flexibility in how they deliver care.
In the Aledade model, Arkansas 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.
“In an ACO, our practice can stay focused on delivering high-quality, personalized care, while being rewarded for keeping our patients healthy,” said Dr. Shawn Purifoy of Malvern Family Medical Clinic. “Aledade’s technology and population health management expertise has helped us gain greater insight into our patients’ health and care across the health system to deliver timelier, coordinated care.”
Since its founding in June 2014, Aledade has grown significantly, 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, in 2015, Aledade ACO practices on average increased preventive care visits by 251 percent and increased transitional care services by 175 percent, which lowered hospital readmission rates. Aledade ACOs also had a $51,000 average increase in practice revenue in 2015.
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.
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, visitwww.aledade.com. Aledade is a registered trademark of Aledade, Inc.