Aledade has already initiated partnerships with primary care physicians in four targeted regions across the country – Delaware, Arkansas, Maryland, and the metro New York area.

Cutting-edge technology platform

An electronic health record is necessary, Mostashari said, but it's not sufficient.

"One of the things we're going to do is we're going to go in, and we're not going to go in and rip and replace anyone's EHR, but we're going to optimize the hell out of them," he said. "That's always been the step that was missing, right? That's what was always frustrating to me. We knew that the EHRs were capable of more. Yet, you know, sometimes the vendor gets paid for just putting it in, not for optimizing it. That's what the practices really needed – to optimize for efficiency, for population health, for workflow.

"There's a whole series of tools that we will build or buy to help manage the population risk – so predictive modeling, figure out who's going to be admitted to the hospital, integrating clinical and claims data into that," Mostashari added. "It's the network analysis, figuring out who you want to refer, are they actually following through on the compact they've made, it's admission/discharge/transfer notification; and it's patient relationship management."

Co-founders and investors

Aledade's co-founders are: Executive Vice President Mat Kendall, who led the government's Regional Extension Center Program to help doctors adopt and use EHRs, during Mostashari's tenure at ONC; and Chief Technology Officer Edwin Miller, who has launched more than 30 healthcare technology products, and was the key product designer for three successful cloud-based electronic health record platforms.  

Bob Kocher, MD, partner at Venrock, the venture capital firm that funded the startup, will join the Aledade Board of Directors. Bryan Roberts, also of Venrock, will serve in an advisory capacity for the company.