New Center for Medicare and Medicaid Innovation Director Appointed
Adam Boehler, who started home-based care company Landmark Health, has been tapped as the new director of the Center for Medicare and Medicaid Innovation (CMMI). The appointment puts an individual with home care expertise in charge of the office spearheading new Medicare payment and delivery models, such as bundled payment programs, and accountable care organizations (ACOs).
Boehler founded Landmark Health in 2013. The company works with physician groups, health systems, and other organizations to provide in-home care for more than 5,000 chronically ill patients, with services including wellness visits, urgent care, post-acute care, and care coordination. Its 2018 earnings before interest, taxes, depreciation, and amortization will be approximately $53 million, according to sources who spoke with the Wall Street Journal in January. Two weeks ago, Landmark Health announced that private equity firm General Atlantic had become an investor but did not disclose the size of the investment.
“Adam is widely regarded as an innovative leader in the private sector and in him we are lucky to have someone who has designed and implemented new, patient-focused approaches to health care delivery,” Centers for Medicare & Services (CMS) Administrator Seema Verma wrote in an email to staff.
Home health care providers have seen opportunities in some of CMMI’s efforts to drive care to less costly settings, such as the Comprehensive Care for Joint Replacement (CJR) model. ElevatingHOME is looking forward to discussing opportunities and innovations with the new director and his office.