A nascent healthcare startup introduced an acquisition on Thursday that it believes will advance its project of increasing the business’s transformation to value-based care.

Guidehealth — a value-based care enablement startup that officially introduced itself a couple of month in the past — obtained Arcadia’s value-based care provider department. The firms don’t seem to be disclosing the phrases of the deal.

Two healthcare veterans based Guidehealth. One co-founder is Sanjay Doddamani, the previous CEO of value-based care startup Upstream, and the opposite is Michael Gleeson, Arcadia’s former leader technique and innovation officer. Doddamani serves because the Guidehealth’s CEO, whilst Gleeson serves as leader generation officer.

They based the corporate as a result of they noticed an out of this world want for generation that is helping well being techniques achieve value-based care preparations whilst nonetheless keeping up monetary steadiness, Gleeson stated in an interview.

The startup, which has its headquarters in Dallas, is developing an answer that seeks to assist well being techniques “beef up their working margin round value-based care, but additionally accomplish that in some way that assists in keeping them on the identical quantity or upper for referrals,” he defined.

The entire concept at the back of value-based care is to stay sufferers out of the health facility, however that’s a tough factor for well being techniques, Gleeson identified. If a well being machine is a success at the value-based care entrance, they may finally end up dropping a large number of health facility income that they want with a purpose to stay their doorways open, he defined.

That’s why Guidehealth’s platform is designed not to handiest beef up suppliers’ monetary efficiency in value-based possibility contracts thru predictive analytics, but additionally improve their relationships with affiliated networks and permit referral expansion, Gleeson famous. This design may assist consumers differentiate Guidehealth from different value-based care enablement startups, corresponding to Aledade and Pearl Well being.

“With the [managed service organization] we’re obtaining, we will focal point on referral control, usage control, prior authorization and affected person get admission to — we will take a latent capability that exists throughout the community and direct high-value, suitable quantity to health facility techniques. This permits us to stay the entire quantity and the health facility the similar or upper,” he declared.

Some key components in Guidehealth’s newly obtained asset come with equipment for streamlining discuss with get admission to and referrals, prior authorization control, community management and paying claims to suppliers.

Through obtaining a “attempted and true, in-the-market answer” for referral and usage control, Guidehealth is positioning itself smartly to assist well being techniques take care of affected person quantity whilst excelling in value-based care contracts, Gleeson stated.

The startup makes its cash via charging charges for its generation, in addition to via bearing possibility in value-based care preparations and accumulating the financial savings which are generated from the ones systems, he defined.

Guidehealth’s consumers come with two Chicago-based suppliers, Enterprise Well being — which used to be referred to as NorthShore – Edward-Elmhurst Well being ahead of it rebranded this month — and Amita Well being Care Community. 

Photograph: Natee Meepian, Getty Photographs