Former HHS exec launches ACO for independent physicians
June 19, 2014
On Tuesday, the nation's former coordinator for health IT unveiled Aledade, a company designed to make it simpler and more cost effective for primary-care doctors to join accountable care organizations (ACOs) and deliver population-health and value-based -- not volume-based -- care. Backed by $4.5 million in venture capital from Venrock, Aledade uses integrated technology to help independent doctor practices understand and enhance patient care, founder and CEO Dr. Farzad Motashari said in an interview. Previously, Motashari was the national coordinator for health IT at the US Department of Health and Human Services (HHS), where he was responsible for the nation's $2 billion investment in technology-based health improvements.