Collective Medical announced the appointment of Steven Goldschmidt as vice president of post-acute network development.
In this role, Goldschmidt is focused on accelerating the nationwide onboarding of post-acute providers onto the Collective Network™, including skilled nursing facilities, home health organizations and other long-term care organizations.
Post-acute providers gain near-immediate value from joining Collective’s nationwide network, which covers all points of care including emergent, inpatient, behavioral health providers, ambulatory clinics, ACOs and health plans. In a recent story, Skilled Nursing News reported that in less than six months of joining the Collective Network, Marquis Companies, a skilled nursing provider in the Pacific Northwest, realized a 60 percent reduction in readmissions.
“There’s an energy and momentum around Collective within all audiences of the healthcare industry, including SNFs, hospitals, accountable care organizations and behavioral health settings,” says Goldschmidt. “I’ve witnessed firsthand the challenges SNFs and home health providers face when coordinating with other organizations on high-risk patients. I’m proud to be a part of the solution.”
Goldschmidt joins Collective as a post-acute healthcare technology veteran. Before joining Collective, Goldschmidt established himself as the senior director of sales at SigmaCare. He went on to become vice president of enterprise sales at MatrixCare. His experience in handling rapid scaling within the post-acute sector is invaluable as Collective continues to rapidly onboard healthcare organizations across the country to remove friction from transitions of care for improved patient outcomes and decreased hospital readmissions.
“The transition of care between an acute setting and a SNF can mean all the difference in a patient’s outcome,” says Chris Klomp, CEO of Collective Medical. “Care teams on our network continue to use the insights delivered via the Collective Platform to demonstrate incredible improvements related to transitions of care and avoidable readmissions. This, in turn, reduces cost both for the patient and the broader healthcare system. Steven is a force in the post-acute sector—his experience, horsepower and tenacity are incredible assets to Collective. We’re so pleased to have him on our team.”
The Collective Network and Platform are supporting dramatic improvements in reducing avoidable readmissions. As an example, Legacy Salmon Creek Medical Center of Tacoma, Wash., was able to reduce its all-cause readmissions rate by nearly 25 percent over 24 months. It did this through a program supported by Collective technology enabling frictionless collaboration with community providers.
Inadequate care transitions – especially transitions between care settings – create greater financial risk for providers and poorer outcomes for patients. In general, The Centers for Medicare and Medicaid Services found that almost 20 percent of Medicare patients were readmitted to a hospital within 30 days, costing more than $26 billion per year. This massive issue can be attributed to the communication gap between the different branches of our healthcare system.
Collective Medical is endorsed as a best practice for emergency medicine by the American College of Emergency Physicians. The company has been recognized by Inc. Magazine and by the MountainWest Capital Network as one of Utah’s fastest growing companies.