Bundled payment company diversifying into new markets and preparing for next generation of Medicare’s bundled payment program
DARIEN, Conn. – July 27, 2017
Remedy Partners, the nation’s leading bundled payment company, has named Chris Garcia its chief executive officer, effective July 12, 2017. Remedy is well-positioned for accelerated growth as the healthcare industry continues to adopt bundled payments as a core value-based payment strategy.
“This is a pivotal time in the growth of our company and Chris brings a unique perspective given his long tenure here,” said Steve Wiggins, founder and chairman of Remedy Partners. “His early leadership played a big part in getting us to where we are today and we’re fortunate to have him step back into this highly visible role.”
Garcia was the company’s first CEO and, after a brief illness in 2014, returned as vice chairman and chief financial officer. He has more than two decades of experience in financial strategy, bundled payments, care coordination, episode management and hospital supply chain management.
“I am excited to play a much more active role in Remedy’s operations at this important moment in our history,” said Garcia. “Our leading position with respect to Medicare’s bundled payment programs will be an important growth driver as the government expands its reliance on market-based solutions. Data proves that bundled payments are a blueprint for success in value-based care, and we have a unique opportunity to assist our payer customers and provider partners in their transition to this form of payment.”