Alliance of Private Sector Leaders Spearheading Adoption of Value-Based Payment Models
WASHINGTON (May 31, 2017) – The Health Care Transformation Task Force, a consortium of leading health care payers, providers, purchasers and patient organizations working to accelerate the pace of U.S. health care delivery system transformation, announced today that Archway Health, a full-service, tech-enabled bundled payment company, has joined its membership.
As part of the Health Care Transformation Task Force, Archway Health supports the goal of moving 75 percent of business into value-based arrangements that focus on providing person-centered care that is high quality and lower cost through innovative delivery models.
With more than 40 organizations representing patients, payers, providers and purchasers, the Task Force aims to align private and public sector efforts to transform the U.S. health care system. By developing and disseminating strategy, operational and policy recommendations, it seeks to spark rapid, measurable change across the health care landscape.
“At Archway, we believe the transformation to value-based models, and specifically bundled payments, will lead to better patient outcomes, higher-quality care and reduced costs,” said Dave Terry, Co-Founder and CEO of Archway Health. “We’re pleased to join the Task Force to support organizations in entering value-based agreements and contribute to a broader effort to move the industry toward patient-centered care.”
Archway helps providers through each step of the process to implement and manage bundled payments with opportunity analysis, practice transformation and compliance. Archway supports CMS Bundled Payment for Care Improvement (BPCI), Comprehensive Care for Joint Replacement (CJR), Oncology Care Management (OCM) and Episode Payment Model (EPM) programs, as well as with commercial payers who are pursuing bundled payment initiatives.
“Archway Health is a welcome addition to our robust alliance, as we boldly seek to deliver the Triple Aim of better health, better care and lower costs,” said Jeff Micklos, executive director of the Task Force. “Their expertise and support is critical to the knowledge sharing our members need to continue down the path to transformation.”
About Health Care Transformation Task Force
The Health Care Transformation Task Force is an industry consortium that brings together patients, payers, providers and purchasers to align private and public sector efforts to clear the way for a sweeping transformation of the U.S. health care system. Our members are committed to rapid, measurable change, both for ourselves and our country. Our members aspire to have 75 percent of their respective business operating under value-based payment arrangements by 2020. To learn more, visit www.hcttf.org.
About Archway Health
Archway Health, founded in 2011 and built on a deep foundation of healthcare payment reform expertise, works with providers to design and execute care and risk management programs that drive success in bundled payment programs. Archway is currently working with leading healthcare providers participating in the CMS BPCI, CJR, and OCM programs, as well as with commercial payers operating bundled payment initiatives. To support these programs, Archway works with providers to analyze their opportunities and risks and to deploy its comprehensive platform of analytics, patient tracking tools, and advisory services to ensure their success in bundled payments. For more information, please visit www.archwayhealth.com.