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Primary Care Innovation at Scale

Автор: AHealthcareZ - Healthcare Finance Explained

Загружено: 2022-07-17

Просмотров: 6582

Описание:

The CEO of ChenMed Dr. Chris Chen Recently Made a Presentation to the Department of Health and Human Services Where He Lays Out the ChenMed Primary Care Strategy in Detail.

ChenMed Has 130 Primary Care Centers, in 40 Cities Across 14 States. ChenMed Has 5,000 Employees.

ChenMed Takes Fully Capitated Payments from Medicare Advantage Plans to Take Care of Their Beneficiaries. ChenMed is Completely Financially Responsible for Their Care.

A Key to ChenMed's Success is that it Retrains Its Primary Care Physicians... The Typical Training of a Primary Care Doctor in Medical School and Residency is Insufficient for Effective Primary Care in ChenMed's View.

ChenMed Has Almost 400 Data Scientists and Its Own Electronic Medical Record System to Translate Patient Data into Clinical Workflows that are Hardwired into the Software that the Doctors and Other Clinicians Use.

ChenMed Has On-Site Pharmacies that Dispense 90% of the Medications That Their Patients Need.

ChenMed Provides Door-to-Door Transportation for Their Patients with a Minivan at No Extra Cost.

ChenMed Holds Its Primary Care Physicians Accountable for Patient Outcomes and Pays them a 20%-30% Bonus Based on Achieving Those Outcomes.

ChenMed's Results:
Hospitalizations and ER Visits Down 30%-50%
Congestive Heart Failure Admissions Down 70%
Strokes Down 22%

The ChenMed Methodology Has Been Generously Shared by Its CEO in His Address to the Federal Government. Let's All Listen and Learn.

Sources:
ChenMed YouTube Video:    • PTAC Public Meeting | Total Cost of Care L...  

https://www.advisory.com/daily-briefi....

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Primary Care Innovation at Scale

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