Fierce Health IT July 22, 2021
Aledade’s accountable care organizations have saved nearly $830 million in unnecessary healthcare spending over the past seven years, new data from the company show.
Independent primary care practices that work with Aledade are expected to receive more than $120 million in direct savings payments across commercial insurers, Medicaid, Medicare Advantage and the Medicare Shared Savings Program (MSSP).
That’s double the amount of savings generated in 2019 despite the financial strain brought on by the COVID-19 pandemic.
Of that savings, $83 million will come from Medicare, an increase of nearly 50% from 2019. These payments will provide a much-needed inflow of revenue to keep practices’ doors open beyond the pandemic, according to the company.
These practices are expected to save Medicare more than $300 million in health care...
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source https://earn8online.com/index.php/315216/medical-practices-working-with-startup-aledade-saw-big-financial-wins-in-2020-despite-covid-19-turmoil/
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