A bright spot in America's bloated healthcare system. CEO and co-founder Faris Ghawi sat with Imad Shawa back in January at Mlabbas studios on Rainbow street in Amman to explain the quiet revolution that's taking place in Medicare cost cutting and beyond.
Faris is heading up a wildly successful American health care company called Vitalyze Health, which makes a fortune by transforming healthcare delivery to senior patients, not by charging their clients, but by sharing the savings their value-based care achieves.
Medical costs for most of the 60 million American seniors are paid for by Medicare, a government program. To alleviate some of that burden, the government has been offering private healthcare providers and ACOs like Vytalize a financial incentive to improve outcomes and lower costs.
So Faris and his team have taken on that challenge with incredible results. Vytalize Health is projected to be a billion dollar player in healthcare very soon.
And what’s equally exciting is this alignment of goals & incentives potentially revolutionizing not only healthcare, but also other critical human endeavors as well.
You can reach Faris at faris.ghawi@vytalizehealth.com
This episode is sponsored by Mlabbas.com, the leading print-on-demand apparel & accessories provider in the Middle East.
About the Host: Imad Shawa is the founder & CEO of Mlabbas, a print-on-demand apparel & accessories business. Prior to that he worked in corporate banking at Arab Bank in London, and as an underwriter at Hartford Insurance in New York. Imad is a Chevening Scholar with an MA in Near East Studies and Islamic Law from the University of London, SOAS. He also holds a BSc in Finance and International Business from New York University's Stern Business School. His interests are politics, technology and graphic design.
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