What You Should Know:
- CardioOne, a cardiology care delivery enablement platform for independent cardiology practices, $8M in initial funding and three new partnerships with independent cardiology practices in New Jersey, Florida and Pennsylvania– Cardiac Associates of New Jersey, Twin Hearts LLC and Corrieius Cardiology– joining its existing partner practices in Texas and Maryland.
- The partnership and platform provides these practices with the advantage of a national network and the technology, services and expertise to optimize practice operations and provide best-in-class patient care. Additionally, CardioOne is partnering with MedAxiom, the cardiovascular community’s premier source for organizational performance solutions. Alongside MedAxiom, CardioOne aims to share its expertise and expand its impact across the cardiology community
Enabling and Supporting Autonomous Practice in Cardiology
The increasingly demanding practice environment, combined with the shift to value-based care is fundamentally reshaping how independent cardiologists manage their practices and are thinking about ownership. Many cardiologists have a strong desire to stay independent, but instead are opting for acquisition and vertical integration to help manage growing operational complexity, resource shortages and admin burnout, and the integration of new payment models and technology.
CardioOne is rapidly emerging as the go-to solution for independent cardiologists that allows them to remain autonomous, having partnered with five practice partners across Texas, Florida, New Jersey, Pennsylvania and Maryland. It is dedicated to empowering independent cardiologists by enhancing core operations and providing the infrastructure to improve patient outcomes, improve clinical team workflows, and elevate the patient and provider experience in the era of value-based care. CardioOne’s practice partners gain advantages in sustained practice expansion and innovation through CardioOne’s integrated service model. Partners benefit from the scale of a growing network of independent cardiologists and solutions that are customizable to each practice’s unique needs, including: a Purpose-built Integrated Tech Platform and Value-Based Care Cardiology Tools, Practice and People Operations Support, Strategy and Growth, and Payer Contracting Strategy and Solutions.
“Our independence and clinical autonomy has allowed our practice to provide more personalized care to our patients, but in a consolidating market… the resources and technology investments required to run a practice group today make staying independent more difficult than ever before,” said Dr. John H. Lee, M.D., F.A.C.C, Physician of Cardiac Associates of North Jersey, a 10-provider independent cardiology group in Oakland, New Jersey. “CardioOne is a true collaborator, serving as an extension of our operations and allowing us to focus on doing what we love – caring for patients.”
Physician-led and designed by experienced practice operators, CardioOne is committed to helping independent cardiologists maintain their independence and thrive in an increasingly demanding practice environment. Since launching less than a year ago, CardioOne has helped independent cardiology practices across the nation to drive clinical, operational and financial efficiencies. Their current practice partners have seen significant enhancements through streamlining back office functions, consolidating expense reductions, focusing on practice panel growth, and improving staff and provider experience.