Bethesda, Maryland-based Aledade, which partners with primary care physicians to create tech-enabled accountable care organizations, has raised $20 million in a round led by Biomatics Capital, GV and Maryland Venture Fund. Existing investors Venrock and ARCH Venture Partners also contributed to the round. This brings the company’s total funding to $54.5 million.
The funding, which was announced...
The Journal of the American Medical Association published a point-counterpoint set of opinion pieces yesterday on whether ACOs, as an experiment, should be declared a failure. Massachusetts General physician Dr. Zirui Song and Dartmouth Institute for Health Policy Director Elliot Fisher argued for ACOs by pointing to the shades of grey between different types of ACOs and suggesting ways to focus...
This week, the Department of Health and Human Services announced that it would follow up its Pioneer Accountable Care Organization (ACO) Model with a new, Next Generation ACO Model. ACOs operating under the new model will take on more risk than their predecessors, potentially share more savings, and will have greater freedom to be reimbursed for telemedicine.
“The Next Generation ACO Model is one...
Former National Coordinator for Health Information Technology at the U.S. Department of Health and Human Services, Dr. Farzad Mostashari, launched a startup this week, called Aledade, that will partner with independent primary care physicians to help them join or form accountable care organizations.
"For me, health IT was never the 'ends', but a 'means' to better health and better care, and I...
Last week, an early participant in the Medicare Shared Savings Program, which provides financial incentives for coordinating care of and improving outcomes of Medicare beneficiaries, went live with a telemonitoring program to keep tabs on patients with chronic diseases.
Primary Partners, a physician-owned accountable care organization (ACO) in Clermont, Fla., is contracting with New York-based...
At the end of November last year Apple aired a new commercial for the iPad called "iPad is Amazing." Within the first few seconds the commercial showed a brief clip of AirStripOB, a vital sign monitoring app from AirStrip Technologies, and the first iOS app to secure clearance from the FDA.
"When I first joined AirStrip, I realized that everyone was talking about us. Apple had just aired a...
