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Column Health was founded by healthcare experts and clinicians to address an unmet need in the addiction space for patients suffering from the disease of addiction – humane, ongoing, comprehensive and community based outpatient treatment. • Successful already: They have two clinics operating at a profit in Boston metro with plans to expand in 2015 to Chicago and Austin. Their clinics operate at an initial margin rate of 30+% increasing with economies from their central business office. • Central business office: They have extensive expertise setting up CBO’s enabling rapid scaling across the country with greater operational effectiveness and lower costs. • Revenue cycle specialists: their team has deep expertise in optimizing the revenue cycle including rapid payor credentialing and enrollment for fast clinic set up and cash acceleration. • No controlled drugs, no cash on site: Their sites do not hold controlled substances, such as Methadone or Buprenorphine, on site. They also do not accept cash so avoid the security risks associated with those more traditional addiction treatment facilities. • Payor advantages: They accept all major insurance. And because they cover the entire episode of outpatient treatment they’re able to leverage their expertise in bundled payment reimbursement, and are the first in this space to successfully establish lucrative bundled payment contracts with several of the largest national payors. These provide guaranteed, lucrative fixed payments per month per patient - a valuable source of guaranteed patient volume in new clinics. • Outcomes driven: Their machine learning relapse prediction tool and point of service decision support tool will enable quality consistent care across diffuse clinic locations while also identifying risks of relapse for each patient and adjusted plans of care at each patient visit to reduce relapses and increase successful outcomes of treatment. They are inviting you to help us tackle the epidemic at hand.
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