Dr. Farzad Mostashari, co-founder and CEO of Aledade Inc., believes he’s found the secret to building a successful healthcare company—and it has to do with hiring the right people.
In a recent interview with Healthegy, Dr. Mostashari explained how quality employees help build accountable care organizations (ACOs). Specifically, Dr. Mostashari talked about the importance of hiring public employees who share a similar passion for reforming and improving the healthcare system.
“People who have done public service are under-appreciated by the market,” Dr. Mostashari stated. “They have serious responsibility and they’ve done a good job in those contexts. I’ve seen many people who had real positions of authority and responsibility in government leave their jobs thinking their only job is government relations, lobbying, or policy.”
Prior to launching Aledade in 2014, Dr. Mostashari served as national coordinator for health IT at the Department of Health and Human Services. It was here that he discovered the value of public employees. Dr. Mostashari said that he specifically seeks out mission-oriented public professionals when hiring for Aledade.
“We have a real competitive edge in being able to attract mission-oriented people who frankly don’t have golden handcuffs that bar them from taking a flier on a start-up offering a lower salary because they were living comfortable on a government salary,” he says.
Thus far, his philosophy seems to be working, as Aledade currently manages ACOs across 15 states. To date, the company has partnered with more than 240,000 patients in over 200 different practices.
Read the full interview with Dr. Mostashari on Healthegy.