The Forces That Cause Independent Primary Care Practices to Stay Independent

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"I think if you asked me a couple of years ago. hospitals are trying to buy up as many primary practices and it would be really tough for primary care practice to stay independent at this time," he says. "When you have consolidation, costs don't go down. They go up. Isn't that interesting? Is quality improved? No, it turns out quality doesn't improve either." 'If the coin of the realm becomes prevention, reducing hospitalizations, they're kings'

Founded in 2014, Aledade works with over 11,000 physicians across 40 States accounting for 1.7 million patients under management in Medicare, Medicare Advantage, commercial and Medicaid contracts.

Farzad Mostashari has spent his career in health care policy and Health Information Technology.

Farzad previously served as the National Coordinator for Health IT in the Department of Health and Human Services. Prior to his work at the Office of the National Coordinator, he founded the NYC Primary Care Information project, which equipped physicians and underserved communities with electronic health records. He completed medical school at the Yale School of Medicine and a Master’s degree in Population Health from Harvard’s T.H. Chan School of Public Health.

In this episode we talk about Farzad’s journey to healthcare, how he started Aledade, the importance of independent physicians in value-based care, how Aledade scaled as a profitable health tech company, and advice he has for founders.