Three regional ACOs unite to expand physician-led value-based care
TMA PracticeEdge, LLC and PracticeEdge Alliance ACO, LLC, announced today the launch of a new physician-led commercial accountable care organization (ACO). The group will begin caring for more than 9,000 patients across the greater Houston region in January, 2017.
PracticeEdge Alliance ACO is a joint venture company formed by several physician-led ACOs including Houston Independent Physicians ACO (West Houston), Northeast Health Providers ACO (Kingwood) and Rising Star ACO (Huntsville and Conroe). TMA PracticeEdge, a physician services organization created by the Texas Medical Association (TMA), helped the physician groups launch the joint-venture ACO.
“TMA PracticeEdge helped us develop a network of like-minded, independent primary care physicians focused on improving health care quality while lowering costs,” said Maria G. Berdayes-Bowles, DO, president of Northeast Health Providers ACO. Dr. Berdayes, who also serves as president of the new conglomerate ACO added, “My colleagues and I believe that primary care physicians – our front-line clinicians – can have the most influence on patient decisions that impact their health care. We will educate our physicians about new value-based care models and reward them for their excellent work.”
Tom Garcia, MD, TMA’s immediate past president and president of Houston Independent Physicians ACO, says the TMA PracticeEdge platform is ideal because it allows physicians to clinically integrate while remaining self-employed and independent. He says that is difficult to do in a market dominated by large hospital systems and venture capitalists.
“One of the greatest benefits of utilizing the TMA PracticeEdge platform is that networks of independent physicians operating in solo practice or small group practice can cost-effectively access technology and care management resources needed to excel in value-based care,” said David Prier, MD, a Huntsville-based pediatrician/internist serving as medical director of Rising Star ACO. Small physician practices typically don’t have the capital to get started in this market, he adds.
David Spalding, TMA PracticeEdge chief operating officer says across greater Houston, Texas, and nationwide, networks comprising independent physicians are leading the charge in providing the highest-quality care while generating cost savings under value-based care models. “We look forward to working with and growing these excellent physician-led organizations,” he adds.
About TMA PracticeEdge, LLC
Founded in early 2015, TMA PracticeEdge is a leading provider of turnkey network solutions to strengthen the independent private practice of medicine in Texas. Backed by the trusted Texas Medical Association brand, the Company develops scalable platforms for physician practices to improve patient care and quality while improving practice financial viability. TMA PracticeEdge provides support to 500+ independent physicians operating a dozen physician-owned and led value-based care networks serving over 100,000 patients across Texas.
About PracticeEdge Alliance ACO, LLC
PracticeEdge Alliance ACO is a joint venture company formed by several physician-led ACOs serving patients in the greater Houston region:
Houston Independent Physicians ACO ▪ West Houston ▪ A. Tomas Garcia, MD, PresidentNortheast Health Providers ACO ▪ Kingwood ▪ Maria Berdayes-Bowes, DO, PresidentRising Star ACO ▪ Conroe and Huntsville ▪ Thomas Stark, MD, President
On Jan. 1 2017, the ACO will launch with 9,000 patients in a Blue Cross Blue Shield of Texas ACO contract. Additional value-based care contracts will follow later in 2017. All three organizations are recruiting for new primary care physician members. Physicians and office managers interested in learning more should email info@TMAPracticeEdge.com, or call (888) 900-0334.
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