Intermountain Healthcare has formed a new comprehensive health platform company focused on elevating value-based care capabilities with providers, payers, healthcare systems, and accountable care organizations (ACOs).
Called Castell, the new company will enable other organizations to accelerate their transition from volume to value-based systems of care, while keeping care more affordable and accessible.
“Intermountain Healthcare’s mission is to help people live the healthiest lives possible. This commitment is the same no matter where, when, or with whom people get care,” Marc Harrison, MD, Intermountain president and CEO, said in a statement. “Castell is a critical component of Intermountain’s broad vision for healthier communities. It creates a new path for providers to access the support they need to provide high quality, affordable care to their patients across the nation.”
Rajesh Shrestha has been named as the president and CEO of Castell. In addition to leading Castell, Shrestha serves as vice president and chief operating officer of Community Based Care for Intermountain Healthcare. He has more than two decades of experience accelerating other health companies move from fee-for-service to value-based care.
Castell’s foundation is built on lessons learned, adapted based on the successes and obstacles encountered at Intermountain, within local provider networks, and other population health-focused programs.
It will offer a comprehensive platform of tools and services to support transformation and improvement:
- A proven value-based clinical care model called “Reimagined Primary Care”
- A technology and analytics platform to guide care
- Streamlined affiliated network management
- Digital tools to address virtual care, patient experience, and social determinants of health
- Access to cutting-edge initiatives and innovation coming out of Intermountain Healthcare
- Opportunity to utilize care pathways and clinical best practices developed by Intermountain Healthcare
“Proven methods for simplifying value-based care are needed across the healthcare industry,” said Shrestha. “Backed by Intermountain’s day-to-day frontline experience with a focus on population health management, Castell will deliver impactful solutions that help other organizations improve outcomes and keep costs more affordable.”