Wellvana took a big swing when it acquired accountable care organization assets from CVS Health, and CEO Kyle Wailes sees the deal as critical to the physician enablement company’s plans to spread risk-based payment models throughout the healthcare system. “The ultimate goal over time is to graduate every provider into global risk contracts, where we take 100% of the upside and the downside based on performance,” Wailes said. “But we don’t do that day one, right? We take a very methodical approach.”
Read the full article: Wellvana CEO Dishes on CVS Deal, Medicare Advantage, ACO REACH //
Source: https://www.modernhealthcare.com/accountable-care/wellvana-kyle-waile-cvs-medicare-advantage