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Crystal Run Announces It Is Under New Ownership

In an email to employees obtained by Mid-Hudson News , Dr. Hal Teitelbaum, CEO of Crystal Run Healthcare, notified employees that effective Wednesday, February 22nd, Crystal Run became part of Optum.

Teitelbaum wrote, “We will join Optum as part of their Tri-State Team, and will no longer have physician owners.” In his message to employees, the CEO cited the reason for the change stating, “Crystal Run has long recognized that the fee-for-service reimbursement model is broken, and we committed to transition to value-based care focused on the quadruple aim.”

On its company website, Optum describes itself as a family of 60,000 doctors in 2,000 locations nationwide who help more than 20 million people live healthier lives. The message to employees indicates that there will be no changes to daily operations or patient care during the transition period.

Teitelbaum is excited about the change. “I am excited to share that we have taken the next step to elevate our practice of medicine in a manner that best supports our patients.”

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