Strive Health pursues global risk payment models for value-based nephrology care
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Strive Health has partnered with Nephrology Associates of Northern Illinois and Northern Indiana – an independent nephrology group that has made an equity investment in the company – to pursue and manage global risk payment models.
The goal of the partnership, according to a press release, is to improve value-based nephrology care by utilizing a “whole patient approach” that results in better patient outcomes at lower costs. Strive Health and Nephrology Associates of Norther Illinois and Northern Indiana (NANI) will share in the financial risk, management and governance of risk contracts with government and commercial payers, according to the release.
“A powerful movement is taking place in nephrology, and payers are increasingly looking to nephrologists to elevate the patient experience and take on global risk,” Chris Riopelle, CEO and co-founder of Strive Health, said in the release. “Strive Health empowers independent nephrologists to make the leap to risk-based contracts through advanced technology and complete-care resources. NANI is the leading nephrology group in the country and one of the most sophisticated groups in integrated care delivery, and we could not be prouder to partner with them.”
According to the release, NANI is the “nation’s largest independent nephrology group and one of the fastest growing,” as it employs 141 physicians in four states with the addition of 28 providers in the past year. Strive has also experienced growth in the past year, according to the release, and has partnered with approximately 400 nephrology providers across six states through risk-based models. The partnership will allow Strive and NANI to obtain new payer contracts in various geographies, according to the release.
“To accelerate our value-based approach, we spent nearly 6 months evaluating potential partners,” Manish Tanna, MD, physician leader of the value-based care committee for NANI, said in the release. “Strive Health is unique in that they bring kidney expertise along with leading technology and innovative clinical resources that are designed for nephrologists. We believe that Strive is the most patient-focused company in this space and its model will help us elevate the way we practice medicine and succeed in innovative payment programs.”
Reference:
- Strive Health: Strive Health and nation’s largest nephrology group, NANI, form strategic partnership to reinvent kidney care delivery. https://www.businesswire.com/news/home/20210921005629/en/Strive-Health-and-Nation%E2%80%99s-Largest-Nephrology-Group-NANI-Form-Strategic-Partnership-to-Reinvent-Kidney-Care-Delivery. Published Sept. 21, 2021. Accessed Sept. 22, 2021.