Bethesda, Md.-based Aledade is expanding two Medicare Shared Savings Program ACOs in Delaware and West Virginia to cover Highmark Blue Cross Blue Shield members.
Aledade is a startup that helps independent physicians participate in value-based care initiatives. Under its newest agreements with Highmark, Aledade will be assisting 22 independent primary care practices and Federally Qualified Health Centers in Delaware and 26 practices and FQHCs in West Virginia with the transition to value-based care. Aledade will provide the practices with regulatory guidance, best practices, technology and data analytics to support transformation.
"This is an exciting opportunity for our West Virginia and Delaware ACOs, and yet another sign of the shift to value over volume being embraced by commercial payers across the country," Farzad Mostashari, MD, CEO and co-founder of Aledade, said in a statement. "Through this partnership, independent physicians can take advantage of Aledade's model and resources to deliver better health outcomes and lower costs to Highmark members."
Aledade has partnerships with 200 practices that span 15 states. Its ACOs care for 240,000 patients.
Editor's note: This article was updated at 10:15 a.m. CT on Dec. 20, 2016 to reflect that Aledade is expanding its MSSP ACOs through a private partnership with BCBS. The two organizations are not launching MSSP ACOs together, as this article previously stated. We regret this error.
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