June 2, 2015 - HISTalk Practice
Tell me about yourself and the company.
TMA PracticeEdge, LLC, is a new services company developed by the Texas Medical Association to bring physicians the technology and expertise they need to take advantage of new healthcare payment models. It provides Texas physicians real options to design their own future. Today, we offer physicians a complete tool kit to help them form clinically integrated networks, manage population health, and operate value-based care models. We also provide consulting services in support of practice transformation. We will be seeking to expand our service solution set very quickly.
I am a healthcare executive with experience starting up new, high-growth healthcare services companies. Some of the recent companies I have helped get off the ground successfully include a new management services organization, a no-fee Health Savings Account bank and a five-star Medicare Part D Administrator.
Why did TMA decide the time was right to introduce PracticeEdge? What were you hearing from TMA members that led to its development?
Faced with the rapidly evolving healthcare environment and growing concern from the membership, the TMA leadership and board established a physician-led task force to research the concept of creating a physician services organization. After about two years of design and development work, the company was formally launched in February 2015.