Haven's hiring of Dr. Sandhya Rao as VP of clinical strategy could offer insight into the joint-venture's development plans
in 2018 with the broad goal of reducing healthcare costs for the trio's 1.2 million combined employees, but has mostly been tight-lipped about its strategy.Rao is the latest in a slew of recent hires as Haven aggressively staffs up its team. SinceHere's a look at the recent hires we think offer the best insight into Haven's plans for the healthcare industry:
At Partners, Rao was responsible for advancing value-based care , a burgeoning payment model that compensates doctors based on cost-effective patient outcomes, rather than the number of services rendered. Given Haven's stated goal of reducing costs, it makes sense for Haven to bring in Rao's expertise.Haven COO in September 2018 — previously served as COO and CSO of digital health company Accolade.
Haven's recent focus on staffing executives with experience in VBC and delivering transparent healthcare pricing to employers could indicate that Haven plans to build a curated network of doctors, CNBC notes. Haven could then develop consumer-facing platforms — à la Zocdoc and Accolade — that guide workers to low-cost, high-quality doctors in Haven's network.
of US healthcare spending — nearly $7 billion — in 2017, per the most recent data from the Centers for Medicare and Medicaid Services.1. Sign up for the Digital Health Briefing to get it delivered to your inbox 4x a week. >>pass to Business Insider Intelligence and gain immediate access to the Digital Health Briefing, plus more than 250 other expertly researched reports.
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