DENVER--(BUSINESS WIRE)--BridgeHealth has announced that Terry Fouts, MD, has joined the company as its Chief Medical Officer. BridgeHealth is the leading provider of value-based healthcare services, offering high-quality, lower cost bundled surgical case rate benefits to self-funded groups.
“Dr. Fouts’ experience in both the clinical and corporate settings makes him a strategic partner in the BridgeHealth business,” said Mark Stadler, BridgeHealth’s President and CEO. “As Chief Medical Officer, Dr. Fouts will provide the clinical guidance to help us enhance our program and deliver an even higher level of service to our clients and members.”
In addition to his role with BridgeHealth, Fouts serves as Chief Clinical Officer and Clinical Operations Advisor for Empactful Capital and as advisor to HBI Solutions, Owl Insights and medAstute Consulting. He has held the role of Chief Medical Officer for MedeAnalytics and Great-West Healthcare, executive positions with Aetna and Cigna, and multiple national positions including M&A activities with companies such as HealthNet and Foundation Health.
Fouts practiced as an internist for 13 years. During this time, he served as an associate clinical professor of medicine at the University of Colorado School of Medicine, managing partner of the group, and chairman of the department of medicine and was one of the founders of the practice’s group model HMO. Prior to this, Fouts was a medical officer with the United States Air Force.
“I believe BridgeHealth is on the right course to helping patients get the surgical care they need, and I am excited to work with the BridgeHealth team to continue to partner with high-quality providers across the country,” said Fouts.
BridgeHealth negotiates episode-of-care case rates with the nation’s top-performing surgical facilities and teams and bundles the charges for many common surgeries into a single discounted price for self-funded employers. Employer customers save 30-50 percent on surgery costs, and their members pay little to no cost for the care they need.
Founded in 2007, BridgeHealth (www.bridgehealth.com) is a provider of value-based healthcare services. Its bundled rates allow self-insured group health plans to improve quality and outcomes of surgery, reduce costs and positively affect the rate of unnecessary surgery. Through decision support, highest-quality providers, care coordination and other strategies, clients get real results while providing an outstanding patient experience through a facilitated process. BridgeHealth is headquartered in Denver, Colorado.