SAN FRANCISCO and TROY, Mich., Feb. 25, 2025 /PRNewswire/ — Arbital Health, a healthcare technology and actuarial leader, announced today a strategic partnership with HarmonyCares, a major provider of in-home primary care for individuals requiring complex healthcare. This collaboration aims to enhance the efficiency of value-based care contracts and improve outcomes for seniors across the country.
This partnership will allow HarmonyCares to streamline value-based care contract reconciliation. It will also optimize contract performance monitoring, and provide HarmonyCares with vital insights to improve patient care within its value-based arrangements. For more than three decades, HarmonyCares has been delivering compassionate care to seniors with intricate healthcare needs. Today, the organization supports more than 70,000 patients spanning 17 states through value-based care partnerships with programs like Medicare Advantage and Medicare ACOs. Together, Arbital Health and HarmonyCares are working to improve care for vulnerable populations.
“Our partnership with Arbital Health provides our team with a key platform for monitoring and adjudicating value-based care contract performance,” said Zack Mulligan, Chief Financial Officer at HarmonyCares. “Our goal is to identify cost drivers before they occur, and strategically invest in areas that improve the care and health outcomes of the seniors we serve. Arbital Health provides purpose-built technology with deep actuarial expertise – a combination that will prove invaluable as we grow, scale, and discover better ways to serve our patients.”
“The ability to track, standardize, and analyze payer data related to the contracts with actuarial precision is step-changing to our operations,” said Alexander Sozdatelev, Chief Business Officer at HarmonyCares. “Our immediate need for thorough and precise value-based contract reporting on utilization is now satisfied through our partnership with Arbital Health.”
Jesica Freeman, Chief Product Officer at Arbital Health, commented on the collaboration, stating, “With our platform, we are helping HarmonyCares accurately assess contract performance and gain actionable insights. One major challenge in value-based care is the misalignment of performance metrics, which complicates contract reconciliation. Traditional approaches often fall short when finance teams lack a platform technology that can ingest disparate data files aligned to contract-specific performance rules, manage patient attribution, and reconcile contracts at scale.”
Brian M. Overstreet, President & CEO at Arbital Health, added, “We are excited to collaborate with the team at HarmonyCares. They are leaders and innovators in home-based primary care delivery, and we are grateful to help them accelerate their vision to better serve vulnerable patients through physician-led in-home care.”
About HarmonyCares
HarmonyCares is a prominent provider of value-based care in-home primary care services for people with complex healthcare needs. Based in Troy, Michigan, HarmonyCares operates home-based primary care practices across 17 states, encompassing a group of over 150 primary care providers. They deliver high-quality, physician-driven primary care, incorporating ancillary services like home health, hospice, palliative care, radiology, and laboratory services. Visit https://harmonycares.com/.
About Arbital Health
Arbital Health aims to accelerate the shift to value-based care by creating a neutral platform for all stakeholders to centralize, measure, and adjudicate value-based care contracts. They envision themselves as the trusted arbitrator for every outcomes-based contract in healthcare, including contracts between life sciences companies and payers, payers and providers, and employers and digital health companies. For more information about Arbital Health’s platform and actuarial advisory services, contact learnmore@arbitalhealth.Arbital Health will be attending RISE National Conference from March 12th – 14th, 2025, in San Antonio, Texas. For those interested in meeting live, email the company at [email protected] or visit Booth #229.
