Mostashari Brings Mission-Oriented Minded Professionals to ACOs
Farzad Mostashari, MD, the Co-Founder and CEO of Aledade Inc., has a secret.
Dr. Mostashari, the former national coordinator for health IT at the Department of Health and Human Services, entered the start-up world in 2014 when he co-founded Aledade, a company bringing analytics, capital, software, and other services to primary care physicians.
As Aledade grows to help primary care physicians build accountable care organizations (ACOs), Dr. Mostashari looks to his roots to find quality people to help him grow the company – public employees who share the same mission-centered approach to reforming healthcare.
“People who have done public service are under-appreciated by the market,” he asserts. “They have serious responsibility and they’ve done a good job in those contexts. I’ve seen many people who had real positions of authority and responsibility in government leave their jobs thinking their only job is government relations, lobbying, or policy.”
Dr. Mostashari says he hires those people to head up Aledade’s many efforts.
“We have a real competitive edge in being able to attract mission-oriented people who frankly don’t have golden handcuffs that bar them from taking a flier on a start-up offering a lower salary because they were living comfortable on a government salary.
Aledade currently operates ACOs across 15 states and in partnership with more than 240,000 patients in more than 200 practices. Since our founding, we have raised $55 million in funding and now employ a staff of over 130 experts in health policy, technology, and practice transformation.