Details have been released on the latest initiative from a familiar name in the Tennessee entrepreneurial community, particularly in Nashville’s vibrant healthcare sector.
Brad Smith, former Director of the Center for Medicare and Medicaid Innovation (CMMI) and, before that, Co-Founder and Chief Executive Officer of Aspire Health, has announced the launch of Russell Street Ventures’ first portfolio company – Main Street Health – and both its first product and initial service area. The product is named Extra Access, and the initial rollout is in West Tennessee.
According to this article, Main Street Health has targeted 59,000 Medicare patients living in eight counties west of the Tennessee River. The value-based healthcare start-up will pair participants with a local health navigator, and the participants will have around-the-clock access to a care team that coordinates with their primary care provider. In addition, members will have access to same- or next-day appointments, same-day prescription refills, annual Medicare benefits review and a yearly comprehensive health assessment.
“My mom’s family is from rural East Tennessee and my wife’s family is from rural Alabama, and we have both experienced first-hand how much opportunity exists to improve access and the quality of healthcare in rural America,” Smith said. “We are optimistic that our efforts will create a scalable way to revitalize and reimagine healthcare across rural America.”
Long-time readers may recall that Smith was Chief of Staff for Bill Hagerty when the latter was Tennessee’s Commissioner of Economic and Community Development. From there, Smith went on to serve as Interim Chief Executive Officer of Launch Tennessee before leaving to help launch Aspire Health. After leaving CMMI with the change from the Trump to the Biden Administration, Smith renewed his involvement with Russell Street Ventures.