Today, Aledade announced a partnership with the Louisiana Physicians Accountable Care Organization (LPACO). Through the partnership, Aledade will support the independent primary care physician-led LPACO in delivering high-quality, coordinated care to communities across Louisiana.
“Aledade’s network of independent physicians in Louisiana has already delivered better care, healthier patients, and lower costs across the state,” said Blaine Lindsey, vice president of growth strategy at Aledade. “By partnering with the dedicated primary care physicians of LPACO, we will build on this track record of value-based care success.”
The LPACO was founded in 2014. It is made up of six independent primary care practices across eight total locations, dedicated to improving care and controlling healthcare costs through participation in value-based care arrangements.
“We were drawn to work with Aledade for its shared commitment to empowering primary care physicians, as well as demonstrated success in value-based care nationwide and here in Louisiana,” said LPACO Medical Director Dr. Joshua Lowentritt. “Our group of independent physicians, and our patients, will benefit from Aledade’s local, hands-on support and insights delivered by their population health management tools and care coordination technology.”
Aledade currently has value-based arrangements with Medicare, Humana, and a large commercial payer in the state. LPACO member physicians who work with Aledade have the potential to share in a portion of healthcare cost savings generated from improved quality of care and health outcomes.
LPACO is currently enrolled in Medicare’s primary ACO program, the Medicare Shared Savings Program (MSSP), and, through their partnership with Aledade, they will be able to expand value-based arrangements into Medicare Advantage and commercial health plans.
Patients who see one of LPACO’s physicians will benefit from Aledade’s focus on access to primary care, preventive services, care coordination, and population health management. Aledade ACOs have reduced preventable hospital stays, emergency department visits, and unnecessary medical services, which has resulted in more than $55 million in healthcare cost reductions.
Read the full press release here.