Transcend Insights announced a new, cloud-enabled version of its enterprise analytics offering for population health: the Anvita Engine. The new offering will be one the industry’s first solutions available to health systems through a flexible, analytics-as-a-service model, providing health organizations with a more flexible and cost-effective way to deploy advanced analytics for population health.
This service is powered by the proven Anvita Engine™, which is optimized for the cloud and available to clients through a flexible, AaaS model. The AaaS offering provides health system executives and care teams a more flexible and cost-efficient way to deploy advanced analytics tools for managing risk and quality performance as part of a population health strategy.
In addition, the Anvita Engine features the use of a Fast Healthcare Interoperability Resources (FHIR) application programming interface (API). The FHIR-based interface enables clients to rapidly deploy custom population health management solutions and measurement capabilities extending from the Anvita Engine and in accordance with their unique needs and quality objectives.
Industry studies have found that many care teams feel unprepared for the transition to value-based care. A recent survey of provider organizations conducted by the Healthcare Information and Management Systems Society (HIMSS) showed that only three percent of respondents believe their organization is highly prepared to make the pay-for-value transition. In addition, research from the Healthcare Financial Management Association (HFMA) found that nearly 40 percent of survey respondents did not believe that their organizations currently possess capabilities rated as extremely important to succeed in risk-based value arrangements, such as interoperability, business intelligence and real-time data access.
“As more health care organizations move towards value-based care, having the technology solutions needed to execute is a common pain point, not to mention the time and cost required for implementation,” said Jeff Hawkins, Vice President of Strategic Alliances and Enterprise Solutions at Transcend Insights in a statement. “The Anvita Engine’s new flexible AaaS model speeds deployment while leveraging a cost-efficient cloud infrastructure to solve for these challenges and to help organizations accelerate their time to value when implementing a population health strategy.”
