Philadelphia, PA – June 26, 2016
Tandigm Health, a value-based healthcare company supporting primary care physicians, today announced that Patrick Adams has been named President and Chief Operating Officer. Adams will report directly to Chief Executive Officer Anthony Coletta, M.D, M.B.A. The addition of Adams will further enable Dr. Coletta to develop and oversee implementation of the company’s goals.
A proven business leader with more than twenty years of experience, Adams’ knowledge and expertise will be an asset to the growing Tandigm team. In this newly created role, he will be responsible for the daily management and coordination of Tandigm’s overall operations as well as the development and implementation of short- and long-range plans, goals, and objectives.
“Patrick Adams is exactly the candidate we were looking for when we decided to create this new position,” said Dr. Coletta. “His strong experience in growing and running a company and leading a team of talented healthcare professionals made him a natural choice for this role. He is deeply committed to advancing value-based medicine and supports our vision for expansion of the Tandigm model. We’re excited to welcome him into the Tandigm family. ”
Adams brings a strong track record in operations, finance and business development along with in-depth knowledge of value-based care models. He was previously President of Transcend LLC and VP Provider Development, Humana, where he was tasked with creating a scalable value-based payment ACO model and national population health management services and technology company from concept to execution. At Transcend Population Health Management, Adams developed a strategic vision for a new organization that expanded across nine geographic markets and engaged more than 1,500 physicians.
In Tandigm’s first year of business, the company grew significantly. The proactive, high-quality care provided by the Tandigm’s network of physicians reduced emergency room visits by 800, cut Medicare costs by 3 percent, and ultimately reduced healthcare costs in the Philadelphia region by $15 million. Additionally, the patient population cared for by Tandigm physicians grew from 70,000 to a total of 100,000 patients and the number of participating physicians was expanded from 270 to 380.
“As the healthcare industry turns increasingly towards value-based reimbursement, Tandigm helps physicians succeed with a model focused on high quality care, better patient and physician experience, and lower overall healthcare cost,” said Adams. “Tandigm has a winning strategy for the patient, physicians and the entire Philadelphia region. It’s exciting to be part of an organization driving such positive change.”