We conducted this interview as part of our research for our latest Digital Health report, Primary Care Disruptors, which covers the changing primary care business model and how innovative healthcare entrants are utilizing high-touch, patient-centric strategies to reimagine care delivery.
New-age primary care startups are catering to today’s consumer—who wants their entire healthcare experience to be hyper-convenient and personalized—and to burned-out physicians facing unprecedented levels of pressure from the pandemic.
But not all primary care disruptors administer care themselves—some of these startups are collaborating with physicians and providing them the tech and services needed to maintain independence.
For example, Aledade partners with primary care practices to build accountable care organizations (ACOs)—groups of providers operating under a coordinated care model in which they’re responsible for the cost and quality outcomes of a patient population. The Maryland-based startup fronts the costs for technology such as data analytics and electronic health record (EHR) interfaces for its partners, and profits when the primary care practices demonstrate cost savings to insurers.
We spoke with Aledade’s co-founder and CEO, Farzad Mostashari, MD, about the main factors driving the transformation of primary care and the importance of establishing a value-based primary care culture.