The California Medical Association is collaborating with value-based care company Aledade and Blue Shield of California subsidiary Altais in an effort to improve patient outcomes by "bring[ing] innovative workflow technology and services to physician practices, helping doctors and their staff to focus their efforts on delivering higher quality, affordable care to their patients."
Additionally, the organizations will work with payers in the state to offer value-based arrangements that reward physicians for improved patient care and outcomes.
“Physicians desire to reduce the administrative burden of practice using the latest high-tech tools and services so that they can better focus on their passion: caring for their patients. Altais will offer these innovative solutions,” said Jeff Bailet, MD, president and CEO of Altais. “We’re thrilled that our first announced initiative is a collaboration to bring technology and services that will help physicians flourish under value-based arrangements, which are becoming a mainstay of modern healthcare. Aledade and CMA are the right organizations to help us deliver on this opportunity for physicians.”
In May, Aledade and CMA announced a collaboration to create physician-led accountable care organizations (ACOs) in California to participate in the government sponsored Pathways to Success Medicare Shared Savings Program (MSSP), and they’re actively recruiting physicians to sign on. The first ACO will be launched in January 2020.
The percentage of physicians in practices owned by a hospital in California increased from 25% to more than 40% between 2010 and 2016, according to a 2018 study funded by the Commonwealth Fund. The study also found that hospital acquisitions of physician practices is associated with higher prices for outpatient visits, along with higher insurance premiums in the individual marketplace.
“Value-based care is the future of healthcare as we move toward a system that rewards better patient outcomes instead of the volume of services,” said CMA President David H. Aizuss, MD. “This partnership will help CMA in its mission to bring more common-sense reforms to our healthcare system and improve the lives of physicians and their patients.”