Summary
Dr. Rajaie Batniji Discusses Innovating in Medicaid Managed Care
Dr. Rajaie Batniji, CEO and Co-Founder of Waymark, recently joined a podcast to talk about the opportunity to innovate in Medicaid managed care. Batniji shared his insights on Medicaid’s structure and organization in the United States, why Medicare Advantage startups receive more capital than Medicaid startups, and more.
About Dr. Rajaie Batniji and Waymark
Batniji is the CEO and Co-Founder of Waymark, a healthcare technology company dedicated to innovating within Medicaid. With experience starting his first company 10 years ago, Batniji has been passionate about increasing healthcare access in low-income settings. Medicaid is primarily funded by federal funding, and managed care programs cover 70% of Medicaid dollars nationally. Though investors are hesitant to invest in Medicaid due to lower margins than Medicare Advantage, Batniji believes there is still tremendous opportunity for growth within Medicaid managed care because of the lack of market concentration. Waymark’s goal is to create cost-effective solutions and technology that make previously impossible solutions possible and reduce NICU admissions.
The Role of Waymark in Medicaid Managed Care
Waymark is focused on partnering with managed care organizations and primary care providers to develop a new way of delivering healthcare. Their approach involves leveraging technology to identify patients at risk and then using community health workers to reach out to them and offer support. Waymark is also working on creating a new healthcare workforce to help amplify their healthcare delivery system’s impact.
The Innovative Future of Medicaid Managed Care
Despite the challenges facing Medicaid managed care, Dr. Batniji believes there is still immense potential for innovation in this area. By leveraging technology to identify and reach patients, Waymark and other healthcare technology companies can help improve access to care and reduce healthcare costs. With a focus on reducing NICU admissions and expanding healthcare access, Waymark is well-positioned to drive innovation in Medicaid managed care in the years to come.
Note: This is an AI generated transcript, not edited by a staff writer and is solely intended for educational purposes. If you have any questions/concerns, reach out to podcasts@beckershealthcare.com
This episode aired on 04/11/2023 and can be listened here.
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