PENDLETON, OR & NEW YORK, NY (August 13, 2024) — Pearl Health, a leading technology company focused on physician enablement in value-based care, has come to an agreement to partner with PraxisCare and Adaugeo Healthcare Solutions, which are part of a family of businesses with over 40 years of proven success in managing healthcare organizations.
PraxisCare and Adaugeo Healthcare Solutions will collaborate with Pearl in connection with the operation of multiple Medicare Accountable Care Organizations (ACOs). Participating Providers will gain access to Pearl’s technology, services, and financial tools to help them more easily identify and provide proactive care for the patients who need it most.
“Creating our ACOs brought the benefits of value-based care to hundreds of providers and tens of thousands of patients,” said TK Kennedy, CEO of PraxisCare. As we look to the next decade of innovating and improving healthcare, I am thrilled to partner with Pearl to equip providers in our network with cutting-edge technology and data insights that will enable better patient care.”
Pearl Health enables primary care providers and organizations to deliver more proactive, whole-patient care through data insights, financial tools, practice enablement technology, and a broad range of value-based care services. Through risk-sharing arrangements, robust data analytics and simplified, meaningful quality metrics, PraxisCare helps drive positive outcomes for patients and financial resiliency for partner practices. Adaugeo Health Solutions specializes in providing solutions to healthcare organizations and individual physicians.
“We are honored to partner with PraxisCare and Adaugeo Health Solutions, organizations that bring more than four decades of experience developing community trust and a comprehensive understanding of patients’ unique needs in the Pacific Northwest,” said Michael Kopko, CEO & Co-Founder of Pearl Health. “Our combined technology, clinical, and risk-bearing capabilities will provide an unparalleled level of support to help providers improve patient experiences and outcomes.”
“Praxis understands what it takes to pioneer and succeed in cutting-edge Medicare value-based care programs,” said Steven Duque, Chief Growth Officer at Pearl Health. As Pearl expands our support across Traditional Medicare and Medicare Advantage, we are grateful to benefit from Praxis’ deep experience in value-based care.”
Pearl helps more than 2,000 primary care provider partners across 43 states succeed in value-based payment arrangements. The company supports programs for Traditional Medicare, as well as Medicare Advantage, and will continue expanding support across programs and geographies in 2024 and beyond.
About PraxisCare
For the past five decades our family of companies has thoughtfully and steadily built an alternative to the impersonal, process driven healthcare delivery systems by fostering a culture of provider independence and autonomy that delivers the highest quality, personalized patient care. The depth and breadth of our experience spans across Interpath Laboratory, Adaugeo HealthCare Solutions, Praxis Health and now PraxisCare. Our proven success in managing healthcare organizations coupled with our steadfast commitment to operational excellence and the creation of cost-efficient and innovative healthcare solutions makes us the perfect partner for those looking to reap the rewards of value-based care.
Learn more at http://praxiscare.io.
About Adaugeo Healthcare Solutions
Adaugeo Healthcare Solutions and its family of businesses have over 40 years of proven success in managing healthcare organizations. Our commitment to operational excellence and our zeal for proven technology has allowed us to create cost-efficient solutions for our clients.
Learn more at www.gopraxishealth.com.
About Pearl Health
Pearl Health is powering the future of healthcare. We help primary care providers and healthcare organizations deliver quality healthcare to the patients who need it most, when they need it most — and get rewarded for keeping patients healthy. Our technology, services, and financial tools enable better, more proactive care, decrease the cost of care across patient panels, and optimize performance in value-based care models for Traditional Medicare and Medicare Advantage. We are a team of physicians and public health experts, technologists, healthcare innovators, and experienced risk management professionals who believe that primary care providers are the key to addressing our healthcare system’s biggest challenges. Since its founding in 2020, Pearl has expanded to partner with thousands of primary care providers in practices and organizations across 44 states. Our investors include Andreessen Horowitz, Viking Global Investors, AlleyCorp, and Ulysses Management.
Learn more at www.pearlhealth.com.
Pearl Health
Madison Klein
Head of Marketing, Pearl Health
562-310-6219
[email protected]
Pearl Health
Madison Klein
Head of Marketing, Pearl Health
562-310-6219
[email protected]
PraxisCare
TK Kennedy
CEO, PraxisCare
541-278-4747
