Watertown, MA, March 8, 2017 –Archway Health, afull service tech-enabled bundled payment company, today announced the addition of Victoria Abrams as Senior Vice President of Contracting and Specialty Networks, effective immediately. As a leader with extensive experience in managed care markets and value-based contracting, Abrams will be responsible for building bundled payment specialty networks and negotiating agreements with health plans and employers.
“At Archway, we’ve seen specialists realize significant savings in CMS’s bundled payment models, and believe they are well-suited to own the bundle because of their complete understanding of a patient’s condition and needs,” said Dave Terry, Co-Founder and CEO of Archway Health. “The addition of Victoria to our team enables us to expand opportunities for specialists to participate in value-based contracts. Drawing from her vast experience, we will be able to better assist specialists in implementing bundled payment contracts and earning new sources of revenue.”
In her role, Abrams’s will be focusing on expanding Archway's network of bundled payment providers in major U.S. markets. Through negotiated contracts with insurers and employers, both specialists and payers benefit from savings through their bundled payment programs.
Abrams joins Archway with more than 30 years of leadership experience on both the payer and provider side in mature managed care markets. Prior to joining Archway, she served both as direct management and then as a consultant to physician and hospital organizations, helping to successfully negotiate and manage financial risk arrangements. Among her many achievements, she negotiated innovative value-based contracts with health plans for multiple providers and supported contract implementation leading to more than $60 million in annual performance incentives. She also increased market share for four health plan companies by strategically expanding provider networks in selected geographic areas, resulting in additional 300,000 members and improved account sales.
“Throughout my career, I worked to establish alternative payment models and advance the transition from fee-for-service to value-based care,” said Abrams. “As we continue in this transformation, bundled payments have proven to be successful for not only specialists, but also beneficial for health plans and employers. I’m thrilled to join the Archway team to enable more providers to improve care and reduce costs.”
To learn more about Archway Health, please contact firstname.lastname@example.org.
About Archway Health Archway Health, founded in 2011 and built on a deep foundation of healthcare payment reform expertise, works with providers to design and execute care and risk management programs that drive success in bundled payment programs. Archway is currently working with leading healthcare providers participating in the CMS BPCI, CJR, and OCM programs, as well as with commercial payers operating bundled payment initiatives. To support these programs, Archway works with providers to analyze their opportunities and risks and to deploy its comprehensive platform of analytics, patient tracking tools, and advisory services to ensure their success in bundled payments. For more information, please visit www.archwayhealth.com.
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