Governor Cuomo Names Primary Care Partnership as "Pay for Success" Finalist
(March 14, 2014) Governor Andrew Cuomo last week announced that a primary care partnership is one of four finalists for New York State's "Pay for Success" initiative. The partnership consists of the Primary Care Development Corporation (PCDC), three federally qualified community health centers - HRHCare Community Health, The Institute for Family Health, Open Door Family Medical Centers, Inc., and Hudson Information Technology for Community Health (HITCH).
In announcing the finalists on March 6th, Governor Cuomo stated: "This public-private partnership model is one we see working over and over again and one that saves taxpayers money and improves how we deliver services here in New York." Read the Governor's press release here.
The partnership seeks to reduce the risk of developing Type 2 diabetes among adults in New York City and the Hudson Valley by improving the identification of at-risk patients, and engaging patients in the Centers for Disease Control and Prevention's (CDC) "National Diabetes Prevention Program" (NDPP). Evidence shows that successful completion of the NDPP reduces a patient's risk of getting diabetes by 58%. The three health centers care for roughly 140,000 adult patients: an estimated 8.8% are diabetic and at least 8.3% are prediabetic. The five-year initiative is expected to benefit about 3,600 patients and save about $10 million in health care costs. Longer term cumulative savings to all levels of government are projected at $47 million. The award will be final upon approval of the State budget and completion of a contract between the partnership and the State.
"Pay for Success" projects, often financed through Social Impact Bonds, are an innovative method of funding projects that benefit the public. In New York's Pay for Success program, the state and service providers (such as healthcare providers) will agree upon performance goals, and private and philanthropic investors will fund the projects at no initial cost to the state. The state will repay investors based on the program's performance, and will only make payments if the goals are achieved.
PCDC is a nonprofit that provides affordable capital, expert technical assistance and public advocacy to expand and transform primary care in underserved communities to improve health outcomes, lower health costs and reduce disparities. HRHCare Community Health, The Institute for Family Health and Open Door Family Medical Centers, Inc. are federally qualified health center networks that operate 50 community health centers in New York State. The centers offer primary care, dental care and mental health care for children and adults. All of the centers have been designated Patient Centered Medical Homes by the National Committee for Quality Assurance.HITCH is a non-profit coalition that promotes high quality health care among safety-net primary care providers.
For more information visit: www.pcdc.org; www.institute2000.org; www.hrhcare.org;www.opendoormedical.org; and www.hitch.org.
Contact Information:
Dan Lowenstein (PCDC) - 212-437-3942, dlowenstein@pcdc.org
Lauren Candela-Katz, (HRHCare Community Health) 914-734-8555, lcandelakatz@hrhcare.org
Lindsay Farrell, (Open Door Family Medical Centers, Inc.) 914-502-1450, lfarrell@odfmc.org
Maxine Golub (The Institute for Family Health) - 212-633-0800 ext 1286mgolub@institute2000.org
Helene Kopal (HITCH), 914-488-6401, hkopal@hitch.org
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