Episode #193 Doing What’s Good for Patients, Doctors, and Society: A True Partner in Value-Based Care with Farzad Mostashari, CEO, Aledade

Dr. Farzad Mostashari is the Co-Founder and CEO of Aledade. He has spent his career at the forefront of healthcare policy and health information technology. Dr. Mostashari is the former National Coordinator for Health IT at the Department of Health and Human Services, and served as a distinguished expert at the Brookings Institute’s Engelberg Center for HealthCare Reform. In addition to his work at Aledade, Dr. Mostashari is the chair of the board of directors for Resolve to Save Lives – a global health organization that aims to save millions of lives from cardiovascular disease and infectious disease epidemics. He has spoken and written extensively on issues affecting health IT, ACOs, and health care policy and delivery with publications in the New York Times, the Journal of American Medical Association, and Health Affairs, among others. Dr. Mostashari received his MD from Yale University School of Medicine and his Masters in Population Health from Harvard T.H. Chan School of Public Health.

With such an esteemed background across so many different sectors, I was excited to talk with Farzad not only about his work with Aledade, but also his take on the larger challenge of primary care in this country. In this episode, we discuss the following:

• The fundamental problem in the healthcare system, namely misaligned financial incentives that do not deliver the desired outcomes.
• How bringing primary care providers together in a different business model creates shared accountability for the total cost and quality of care while resulting in substantial savings across all invested parties.
• The use of proprietary technology platforms to integrate data, make predictions, and surface insights to help practices identify and care for their most vulnerable patients.

One of the things I most respect about Farzad’s approach is that he values outcome measures that make a real difference in patient lives – decreasing hospital admissions, improving clinical outcomes, enhancing patient experience and engagement. And the results speak for themselves – $800 million in Medicare savings and $548 million in savings shared across their provider groups!

Farzad is an intensely outcomes driven, accomplished leader, and Adelade demonstrates the powerful potential of a value-based care platform. This is a wonderful example of creating a new healthcare.

To find out more about Aledade’s services, please visit them at www.aledade.com.