Company Stats

• Revenue: $430 million
• Employees: 800
• Founded: 2019

Episode Highlights

✅ U.S. healthcare needs value-based care to improve outcomes and reduce costs.

✅ Preventative care and patient education are crucial for long-term health improvement.

✅ Financial incentives align provider goals with quality care, leading to better patient experiences.

Episode Summary

In this episode, Amish Purohit, President of Arkos Health, delves into the complexities of the U.S. healthcare system and the need for a shift toward value-based care. Arkos Health, with an annual revenue of $430 million and a team of 800, formed through a merger in 2020 and has grown rapidly with a tech-enabled approach to population health management. Dr. Purohit explains that traditional volume-based care, which focuses on the number of patients seen, often leads to poor health outcomes and high costs. In contrast, value-based care aligns financial incentives with quality, focusing on preventative measures, improved patient-provider interactions, and outcomes.

Dr. Purohit also introduces the concept of the quintuple aim in healthcare, highlighting goals such as reducing per capita costs, enhancing patient experience, and ensuring health equity. Arkos Health partners with payers and providers to implement value-based contracts, aiming to provide better healthcare access in underserved regions and enhance the overall quality of care.

Chapters

00:00 Intro

00:18 Company Stats

00:49 The Formation and Growth of Arkos Health

03:03 Understanding Value-Based Healthcare

06:26 The Quintuple Aim Framework

12:13 Challenges and Barriers to Value-Based Care

13:19 Connect with Arkos Health

‍