A company called Aledade is offering a novel solution that makes it easy and convenient for primary care physicians to form Accountable Care Organizations (ACOs) with no upfront costs.
Aledade delegates necessary outreach tasks that don’t require the physician’s expertise to other caregivers like nurses or physician assistants.When Aledade signs a practice as a client, it downloads the available clinical information from the electronic health records (EHR) system as well as the practice’s claims data, and pulls it into its platform. The software in the background then runs predictive analytics on the data to derive a list of patients who are most likely to get sick and need care. This “potential patients list” is presented to the doctor everyday alongside the list of patients who have appointments.
Furthermore, Aledade delegates necessary outreach tasks that don’t require the physician’s expertise to other caregivers like nurses or physician assistants. The program can also crunch the data to take a hard look at the real costs of the procedures, drugs, and therapies being prescribed by physicians, and then grade them on their efficiency.
The Bethesda, Maryland-based company is all about helping the medical practice reduce costs associated with unnecessary tests, overpriced medical hardware and drugs, as well as expensive hospital admissions and specialist referrals. It was founded by Dr. Farzad Mostashari, the former National Coordinator for Health IT. In June, Aledade took a $4.5 million in seed funding from venture capital firm Venrock.