#United States #Troy, Michigan #Value-Based Care #Arbital Health #HarmonyCares

HarmonyCares Partners with Arbital Health to Transform Home-Based Senior Care

In a significant step towards enhancing healthcare services for seniors, HarmonyCares, a prominent provider of in-home primary care for individuals with complex health requirements, recently joined forces with Arbital Health. This strategic collaboration is set to optimize value-based care contracts and streamline operations, ultimately improving the healthcare outcomes of vulnerable populations.

For over three decades, HarmonyCares has been dedicated to delivering exceptional and compassionate care to seniors, ensuring they receive the medical attention they require from the comfort of their homes. Currently serving more than 70,000 patients across 17 states, HarmonyCares works through value-based care partnerships with Medicare Advantage plans and Accountable Care Organization (ACO) programs.

The partnership with Arbital Health introduces a pivotal platform that enables HarmonyCares to better manage and evaluate its value-based care contracts. As Zack Mulligan, Chief Financial Officer at HarmonyCares, pointed out, this collaboration allows the organization to monitor contract performance critically and invest strategically in areas that will bolster patient outcomes. Mulligan emphasized the importance of identifying cost drivers before they arise, highlighting the necessity for advanced technology and actuarial expertise provided by Arbital Health.

Alexander Sozdatelev, the Chief Business Officer at HarmonyCares, echoed these sentiments by pointing out the urgent need for comprehensive reporting on contract performance. He believes that the ability to track and analyze payer data with precision will revolutionize their operations, allowing for refined service delivery that can cater to patients' specific health needs.

Arbital Health’s platform addresses the complexities often associated with value-based care contracts, especially the challenges of aligning performance metrics. Jesica Freeman, Chief Product Officer at Arbital Health, noted that traditional methods fall short when finance teams lack sophisticated technology capable of managing diverse data files that pertain to contract-specific performance. The partnership aims to alleviate these challenges by leveraging a centralized system that can accurately attribute patients and reconcile contracts efficiently.

In addition to operational improvements, this collaboration supports HarmonyCares' commitment to enhancing outcomes and reducing costs through a strong operational focus on Medicare Advantage and various ACO contracts. By integrating technology and actuarial insights, the partnership stands to drive superior healthcare outcomes for seniors who rely on home-based clinical services.

Brian M. Overstreet, the President and CEO of Arbital Health, expressed excitement about working alongside HarmonyCares, referring to them as pioneers in primary care delivery. Overstreet sees this partnership as a significant opportunity to advance a vision that prioritizes profound care for some of the nation’s most vulnerable patients—and to elevate the experience of receiving healthcare at home.

The collaboration is not only a leap towards streamlining operational processes but is also a testament to the shared commitment of both organizations to advancing value-based care models. With this strategic alliance, both HarmonyCares and Arbital Health are well-positioned to contribute meaningfully to the future of in-home healthcare solutions.

About HarmonyCares

HarmonyCares is a leader in providing in-home primary care services specifically designed for individuals with intricate healthcare needs. The organization, headquartered in Troy, Michigan, operates numerous home-based primary care practices across 17 states and maintains a robust network of over 150 primary care providers. They emphasize integrated care delivery, which encompasses ancillary services such as home health, hospice care, and more.

About Arbital Health

Arbital Health spearheads the transition to value-based care through its innovative platform, which allows all stakeholders to centralize, measure, and adjudicate healthcare contracts effectively. Their mission is to serve as a trusted partner in the healthcare space, facilitating every outcomes-based contract—from payer partnerships to collaborations with digital health companies—aimed at improving health outcomes affordably and effectively.