Cedar Gate Technologies (Cedar Gate), a leading value-based care performance management company, today announced that it has been selected by AdventHealth, one of the nation’s largest faith-based health systems, as its commercial bundled payments partner.
Through the partnership, Cedar Gate will assess commercial bundled payment program opportunities for multiple specialty service lines across several AdventHealth markets.
“We’re proud to partner with AdventHealth to help support its goal to provide the highest-quality care while containing costs for patients,” said David B. Snow Jr., chief executive officer of Cedar Gate Technologies. “Bundled payments provide a clear path to value by bringing payers, providers and employers to the table to agree on a reimbursement model that alleviates financial pressures and incentivizes based on patient outcomes. By taking this step to create bundled packages, AdventHealth accelerates its value-based care strategy, which is critical to delivering sustainable, effective health care long term.”
Cedar Gate manages value-based reimbursement programs for multiple clinical specialties for clients nationwide. These programs prioritize quality as the measure of value in making bundled payment programs sustainable and efficient, aligning the aims of patients, employers, providers and payers.