Transition Further Aligns Company’s Mission to Ensure Equal Access to Transformative AI-Enabled Whole Person Care for Underserved Communities
Pair Team, a pioneering AI-enabled medical group focused on Medicaid, today announced its transition from a C Corporation to a Public Benefit Corporation® (PBC). Through its unique structure as a medical group, Community Care Hub, and technology provider, Pair Team has established itself as a trusted partner for hundreds of social service organizations and thousands of high-risk Medi-Cal patients throughout California. The transition to a PBC structure further underscores its dedication to creating positive social impact while building a more effective safety-net healthcare system.
Pair Team partners with the highest-need Medicaid and dual-eligible beneficiaries, delivering tailored care to address their complex needs and ensuring they receive support across both medical and non-medical drivers of health. The group’s model of care has been effective in engaging patients that lack preventative care access, reducing emergency department visits and hospital admissions by as much as 52% and 39%, respectively. This has resulted in more than $25,000 in annual savings for the highest-risk Medicare and Medicaid eligible beneficiaries while dramatically improving their quality of life.
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“At the heart of Pair Team is an unwavering commitment to improving healthcare for the most vulnerable populations.”
The group has also facilitated more than $10M in community payments through its enablement model and local hiring, and aims to expand its impact by facilitating $30 million in community payments in 2025.
Pair Team’s care model is coordinated by its innovative AI-native technology platform, Arc, which empowers care teams and social service providers to not only provide exceptional health outcomes, but also reduce healthcare spending by focusing on prevention to avoid costly hospitalizations.
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“At the heart of Pair Team and every one of our employees is an unwavering commitment to improving healthcare for the most vulnerable populations,” said Neil Batlivala, CEO of Pair Team. “Our conversion to a Public Benefit Corporation engraves this commitment into our company charter and marks an important milestone for technology adoption in Medicaid. Historically, Medicaid beneficiaries have had poor access to technological advancements. In the age of Artificial Intelligence, our new corporate structure further sharpens our focus on striving for equal access to such transformative technology.”
Public Benefit Corporations differ from C Corps in that they are required to balance the needs of shareholders with the advancement of their public benefit mission and the interests of other stakeholders like employees and customers. Well-known privately-held PBCs include Patagonia, Kickstarter, and Aledade; OpenAI plans to transition to a PBC structure this year.
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Source – prnewswire
