Better Diabetes Care: Healthcare Startups Say They’ll Get Paid When Patients Get Better

Value-based care is in the air, but the majority of doctors aren’t necessarily ready to be paid on commission. Thirty-one percent of doctors surveyed by Deloitte last year reported being paid through a value-based model, the same as in 2016; more doctors reported salary or traditional fees for services as payment sources. Two companies—Aledade, another Venrock investment by Kocher, and Goldman Sachs-backed Privia Health—aim to help independent doctors implement the technology tools they need to track their patients’ outcomes and negotiate value-based payment contracts with insurers. Privia says it helped save $117 million in healthcare costs in 2017. Americans spent $3.5 trillion on healthcare that year, but it’s a start.  

The full Forbes article can be viewed at this link.