How It Started
Accountable Care Organizations (ACOs) are at the forefront of the move from volume-based fee-for-service models to value based care. But they have been struggling in the chaotic environment of changing regulations and increasing risk-bearing responsibilities formerly reserved just for insurance companies. Providers want to focus on patient care. They didn’t set out to specialize in financial matters.
Both independent physician-led ACOs and health system ACOs face their own set of challenges. And both need help optimizing across value based care programs, such as MSSP / Pathways, REACH / GPDC, and Medicare Advantage.
Validate Health was launched to help solve this problem. It was founded by Andrew Webster and David Portnoy in 2017, who had a common vision of leveraging actuarial methods, computer simulation and national healthcare data to give ACOs the tools that health insurers have taken decades to develop.