The digital health company launched by former Allscripts and Livongo executive Glenn Tullman is touting partnerships with 10 health systems across the country.
Ten major health systems are joining forces with a digital health company to create a nationwide concierge medicine platform targeted at large employers.
Transcarent, launched just two years ago with $200 million in investments by former Allscripts and Livongo executive Glenn Tullman, aims to push the value-based care model by incentivizing health and wellness and offering competitive prices for services.
“Our close collaboration with these ten leading health systems will allow us to better design care pathways, provide higher-quality care, and faster access," Tullman said in a press release issued today. "By aligning with health systems who can guarantee both quality of care and competitive pricing, we can reduce administrative burden, and just as important, demonstrate true measurable value for the people who pay for care - employers and their employees. We’ll also more closely integrate the digital experience with hands-on care."
The Transcarent National Independent Provider Ecosystem includes:
- Advocate Health
- Atrium Health
- Baylor Scott & White Health
- Corewell Health
- Hackensack Meridian Health
- Intermountain Healthcare
- Mass General Brigham
- Memorial Hermann Health
- Mount Sinai Health System
- Virginia Mason Franciscan Health
The model builds on the idea of a direct-to-consumer healthcare platform by linking in well-known healthcare systems to offer primary and specialty care services, including second opinions. Officials say the platform will offer in-person and virtual care, including telehealth-based physical therapy, orthopedic consultations and a pharmacy marketplace.
The attraction for businesses lies in a network of known healthcare entities offering care at scale.
"By directly contracting for rates upfront with our health systems and guaranteeing same-day payment, which no one else does, we can also guarantee our employer clients very cost-effective outcomes," Transcarent officials said in the press release.
Eric Wicklund is the associate content manager and senior editor for Innovation, Technology, Telehealth, Supply Chain and Pharma for HealthLeaders.
Large businesses and health plans are looking to develop cost-effective healthcare programs for their employees.
Transcarent's goal is to create a nationwide network of well-know healthcare organizations that can deliver care at scale, driving down inefficiencies and costs.
The platform also incentivizes value-based care strategies like health and wellness, virtual care, and a pharmacy marketplace.