Altais announced that it is partnering with Aledade and the California Medical Association (CMA) to help independent physician practices optimize their practice workflows and support value-based care efforts.
“Regulatory, administrative, and financial burdens are causing a loss of practice vibrancy and unprecedented levels of physician and clinician dissatisfaction, and in many cases driving them to sell their practices or retire early,” said Altais President and CEO Jeff Bailet, MD. “We’re thrilled that our first announced initiative is a collaboration to bring technology and services that will help physicians flourish under value-based arrangements, which are becoming a mainstay of modern health care. Aledade and CMA are the right organizations to help us deliver this opportunity for physicians.”
Altais is financially backed by Blue Shield of California, and Blue Shield will launch its participation in the collaborative in 2020 by making value-based care agreements available to providers working with Altais and Aledade, the companies announced.
“Independent physicians contracting with Altais will benefit from our suite of innovative technology and population health management solutions,” said Aledade CEO Farzad Mostashari. “These tools, paired with the support of a leading payer and physician organization, will empower physicians to succeed in the new value-based health care system.”
Aledade laid the groundwork for this effort in May, when it and the CMA announced a collaboration to create physician-led accountable care organizations in California. This allowed the practices to participate in the Pathways to Success Medicare Shared Savings Program (MSSP), and physicians are being recruited to sign on. The first Aledade Medicare accountable care organization will be launched in January 2020.
In a series of tweets, Mostashari explained how the Aledade-Altais-CMA partnership will work. “This is meant to be practice-centric and payer-agnostic,” he wrote. “Altais is going to have 2 arms: Altais Health is where Aledade sits, providing the tech, tools, and services. Altais Clinical Services will provide an alternative to the hospital for practices that need capital to survive (‘a range of affiliation employment models’).”
The partnership will give physicians an opportunity over time to positively impact many more of their patients with the addition of value-based care arrangements for their commercially insured population,” the groups said.
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