Cleveland's Healthcare Revolution: Unlocking Senior Wellness and Profits with ArchWell Health
In a surprising twist, a healthcare company is thriving by focusing on the most challenging patients. ArchWell Health, a national network of clinics, has set its sights on Cleveland, Ohio, with a unique approach to senior care. But here's the catch: they aim to profit from keeping patients healthy and out of hospitals.
The traditional healthcare model often struggles with older patients, who are more prone to chronic conditions and costly treatments. However, ArchWell embraces this challenge, targeting seniors aged 60 and above on Medicare Advantage. Their secret? A preventive care model that fosters better coordination among healthcare professionals.
Dr. Don Goddard, ArchWell's president, reveals the key: "If we keep people healthy and out of the hospital, we thrive financially." This model, new to Ohio, flips the script on conventional healthcare. ArchWell's first Cleveland-area clinics opened in September and October, with more on the way, strategically located in areas lacking primary care physicians but with a growing elderly population.
And this is where it gets interesting: ArchWell clinics resemble activity centers, offering bingo, karaoke, and social events. This approach combats loneliness and encourages caregivers to bond with patients, ensuring swift identification and treatment of health issues. For instance, a caregiver at the Maple Heights clinic helped a patient with a nebulizer issue, allowing her to manage her diabetes more effectively.
The company's philosophy emphasizes holistic health, addressing social determinants and chronic diseases. With a low patient-to-doctor ratio, ArchWell provides extended office visits, personalized care, and quick follow-ups. This model, known as value-based care, rewards healthcare companies for positive outcomes rather than the number of services provided, marking a significant shift in the industry.
But is this model too good to be true? Some patients may feel overwhelmed by the attention, while others appreciate the proactive approach. As ArchWell expands, it raises questions about the future of healthcare. Will this model succeed in keeping seniors healthier and out of hospitals? And how will it impact traditional healthcare practices? Share your thoughts and experiences in the comments below, especially if you've encountered similar healthcare models.
