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CareMount reduces total cost to collect by 25% on its way to value-based care

January 03, 2019 / Bill Siwicki

CareMount Medical is the largest independent multispecialty medical group that provides comprehensive medical care to more than 550,000 patients across more than 40 locations in New York. This medical group also is affiliated with organizations including Massachusetts General Hospital, Mount Sinai Health System and Memorial Sloan Kettering Cancer Center. Like many healthcare organizations, CareMount has known for some time that value-based care is on the horizon. And while it has been expecting reimbursement models to change, it also is aware that provider organizations are compelled to make substantial investments to be successful under value-based care. This challenges organization leaders to balance priorities and maintain profitability in this transition period and into greater value-based models.