Aspen Physician Network and Signify Health Partner to Bring Value-based Episodes of Care Program to Texas Employers in Dallas-Fort Worth Region
(Source: By Signify Health News on 3/4/21 7:00 AM. https://www.signifyhealth.com/news/aspen-physician-network-and-signify-health-partner-to-bring-value-based-episodes-of-care-program-to-texas-employers-in-dallas-fort-worth-region)
DALLAS, March 4, 2021—Signify Health, Inc. (NYSE: SGFY), a leading value-based healthcare platform that leverages advanced analytics, technology and nationwide healthcare provider networks, and Aspen Physician Network, a high-quality integrated network of specialty physician groups in Texas, announced today that Episodes of Care programs will be available to large and mid-sized employers across the Dallas-Fort Worth region. The programs align financial incentives with the health outcomes of members undergoing medical procedures or managing chronic diseases.
“The physicians and clinicians across Aspen Physician Network have always been committed to providing the highest-quality care at lower costs,” said Rick Snyder, MD, Chairman of Aspen Physician Network. “Our collaboration with Signify provides a direct way for the physicians in Aspen Physician Network groups to stand behind their value with all-inclusive fixed bundled prices and quality across a wide range of chronic conditions and procedures. We see this as an important next step to giving area employers a direct way to access our high-performance network.”
Episodes of Care programs are all-inclusive, value-based payment models where a single, bundled payment includes all services associated with the treatment for an illness, condition or medical event over a fixed period of time rather than a separate fee-for-service model. Through this model, high-performance networks such as Aspen Physician Network are contracted to coordinate care and share accountability for health outcomes.
As part of its role as program administrator, Signify will partner with Aspen Physician Network to activate a suite of advanced technology, analytics, and clinical support services to holistically manage and support the treatment of dozens of chronic medical conditions and procedures:
Surgical screening and diagnostic procedures in orthopedics, cardiology, gastroenterology, spine, urology, and pulmonology
Conditions such as asthma, low back pain, diabetes, hypertension, COPD, heart disease, arthritis, colitis, and Crohn’s Disease
The program offered by Aspen aims to address a substantial portion of the average employer-sponsored health plan’s costs.
“As payment for care is aligned with positive patient outcomes, the practice of care becomes more holistic and prevention-focused — which is good for the individual and for their care team,” said Kyle Armbrester, Signify Health CEO. “We’re delighted to be collaborating with Aspen Physician Network to help practices organize care around the individual needs of their patients so that they can help them enjoy more healthy days at home.”
Added Dr. Snyder, “The real winners will be the patients, whose portfolio of varied physician specialists can now function more as a single clinically connected team. This allows patients to efficiently leverage a wide-range of medical expertise, which will enhance the quality of care, and ultimately lower the overall costs.”
About Signify Health
Signify Health is a leading healthcare platform that leverages advanced analytics, technology, and nationwide healthcare provider networks to create and power value-based payment programs. Our mission is to transform how care is paid for and delivered so that people can enjoy more healthy, happy days at home. Our solutions support value-based payment programs by aligning financial incentives around outcomes, providing tools to health plans and healthcare organizations designed to assess and manage risk and identify actionable opportunities for improved patient outcomes, coordination and cost-savings. Through our platform, we coordinate what we believe is a holistic suite of clinical, social, and behavioral services to address an individual’s healthcare needs and prevent adverse events that drive excess cost, all while shifting services towards the home. For more information on how we are taking health homeward, visit us at signifyhealth.com.
Aspen Physician Network and HASA HIE Launching a Clinically Integrated Network
New effort will improve patient care quality, increase efficiency and lower costs with a central patient record
SAN ANTONIO (PRWEB) January 27, 2021
HASA, the non-profit, community HIE for North, South and West Texas, and Aspen Physician Network, an independent specialty physician group in Dallas-Fort Worth, Texas, have announced that HASA will be the technology foundation for a new clinically integrated network (CIN), which will reduce costs, increase efficiencies, and improve the quality of care for Aspen Physician Network’s patients.
HASA will serve as the platform for the CIN by allowing multiple independent practices in the specialty Aspen Physician Network to have access to and share one patient record. This will help with transitions of care, enhance care coordination and drive future efforts in telehealth and remote patient monitoring.
“Having a central patient record is critical for launching a CIN,” said Danny Conaway, Executive Director of Aspen Physician Network. “Working with HASA will provide a single interface for coordinating and improving all levels of care, and will be key to our move into the value-based care arena.”
Providers in the Aspen Physician Network will be able to have real-time access to a longitudinal patient record with the ability to view key elements such as lab results – minimizing the risk of duplicate testing – as well as the ability to leverage data from their existing systems. Read more...
Genesis Physicians Group Partners With Specialty Group for Comprehensive Care
Genesis Physicians Group is partnering with a network of specialty physicians to better manage care as patients move between primary physicians and specialists. The relationship with Dallas-based Aspen Specialty Physicians Network is meant to reduce healthcare costs and improve coordination of patient care.
The co-management process will utilize “smart referral” technology and will streamline the treatment of chronic disease conditions. Genesis currently has over 500 primary care and 1,000 specialty physicians members and will add Aspen’s 400-plus specialists in an effort to be successful in contracts with more risk while expanding the ability of primary care physicians to stay independent and care all their patient’s needs.
“Genesis and Aspen believe the North Texas health care community is strengthened when primary care and specialty care physicians work together to redesign and streamline the sharing of patient care responsibilities for complex patients. We have discovered new momentum in transforming health care delivery, appreciating the unique and important contributions of both primary care and specialists, when both are empowered to co-create new patient care workflows.” said Jim Walton, DO, President/CEO of Genesis Physicians Group via release.
Cardiologist Rick Snyder, MD, President of HeartPlace and of Aspen Physician Network continues via release, “We partnered with Genesis to contribute the diverse talent, experience and creative ideas of 10 different specialty care disciplines and 400+ independent specialists to develop new models of care delivery for value-based contracting. We hope this is the first of many care collaborations for Aspen delivering both quality and value to the North Texas market. Aspen Physician Network was created to bring high-quality independent specialty physicians together in a unique collaborative model for the expressed purpose of addressing quality and costs for the patients of North Texas.”
FOR IMMEDIATE RELEASE
Dallas, Texas - May 13, 2019
Adam Chabira, VP Contracting/Strategy
Genesis Physicians Group
Independent Primary Care and Specialty Care Physicians Create First of its Kind Partnership for North Texas
Genesis Physicians Group partners with Aspen Specialty Physicians Network to coordinate patient care and address soaring health care costs.
Dallas, TX – May 13, 2019 - Genesis Physicians Group entered into a collaboration agreement with Aspen Physicians Network, to accelerate the transformation of primary care and specialists’ co-management of patient care. This unique collaboration will harness the best ideas and innovation in both primary and specialty care, and will utilize new strategies such as “smart referral” technology, to improve the coordination of health care for patients needing multiple specialties to support their health. In addition, the collaborative will work together on the redesign of a primary care and specialist physician co-management process for a number of chronic disease conditions, driving out wasted steps in the referral process for patients needing multiple specialists. Importantly, this care coordination will lead to more cost-efficient, quality health care outcomes for shared patient populations.
With over 500 primary care and 1,000 specialty physician members, Genesis is expanding its population health management expertise through its engagement of Aspen’s 400+ member specialists. Working together, the physician members of both organizations will be better positioned to succeed in both employer- and government-sponsored financial risk contracts, while supporting the growth of independent private practice, with creative new care delivery models. The scale of the two organizations will form the catalyst necessary to accelerate the transformation of health care delivery for independent practicing primary care and specialty care physicians in North Texas.
“Genesis and Aspen believe the North Texas health care community is strengthened when primary care and specialty care physicians work together to redesign and streamline the sharing of patient care responsibilities for complex patients. We have discovered new momentum in transforming health care delivery, appreciating the unique and important contributions of both primary care and specialists, when both are empowered to co-create new patient care workflows.” said Jim Walton, DO, President/CEO of Genesis Physicians Group.
Rick Snyder, MD, HeartPlace Cardiologist and President, Aspen Physician Network continues, “We partnered with Genesis to contribute the diverse talent, experience and creative ideas of 10 different specialty care disciplines and 400+ independent specialists to develop new models of care delivery for value-based contracting. We hope this is the first of many care collaborations for Aspen delivering both quality and value to the North Texas market. Aspen Physician Network was created to bring high-quality independent specialty physicians together in a unique collaborative model for the expressed purpose of addressing quality and costs for the patients of North Texas.”
About Genesis Physicians Group
Genesis Physicians Group, an Independent Physician Association founded in 1986, is a physician-led membership organization, serving a wide range of independent primary care and specialist physicians in the North Texas area. www.genesisdocs.org.
About Aspen Specialty Physicians Network
Aspen Physician Network, PLLC (“Aspen”) exists to create an integrated panel of independent specialty physician groups to promote an environment of cooperation among providers and delivering quality care to the community. www.aspenphysicians.com