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Intermountain, Oxeon Launch Health IT Startup Empiric Health To Activate Evidence-Based Care

by Fred Pennic 02/17/2017 Leave a Comment

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Intermountain, Oxeon Launch Health IT Startup Empiric Health To Activate Evidence-Based Care

Intermountain Healthcare and Oxeon have announced the formation and launch of health IT startup Empiric Health, an independent company that activates evidence-based healthcare delivery to improve both clinical outcomes and operational efficiency. Its technology-enabled service has proven success in addressing variation in cost and outcomes for clinicians and health system administrators.

Unlike traditional solutions, Empiric Health evaluates actual clinical and patient outcomes data, structured according to proprietary, physician-approved procedure groupings to ensure accuracy. Once variation is identified, clinicians are engaged individually and at a service line level to reach consensus on the best way to deliver care.

“The collaboration between Intermountain Healthcare and Empiric Health will help caregivers improve patient outcomes and lower costs,” says Marc Harrison, MD, President and Chief Executive Officer at Intermountain Healthcare. “Through Empiric Health, we will share our proven methodology for delivering better care—along with significant ROI and bottom-line impact—with other health systems.”

The company’s initial offering is based on Intermountain’s ProComp program. Clinicians built this program to help understand how differences in the way surgical procedures are performed – from supply utilization to staffing – impact patient outcomes and overall cost of care. Over the past four years, the program has created operational efficiencies resulting in more than $90M in savings for Intermountain and its patients, including reduced supply cost and length of stay.

Intermountain and Oxeon together provided seed-funding to launch the business, and Oxeon’s engagement with Empiric continues as it serves as the founding team, builds the initial product, and hires a management team to lead and scale the company.

In addition to Intermountain, Loma Linda University Health will serve as an initial anchor customer.

“Loma Linda is proud to serve as an anchor customer of Empiric Health. As an academic medical center, we were particularly attracted to Empiric’s ability to use real world evidence to drive clinical conversations and improve patient outcomes,” says Dr. Gary Botimer, Chair, Orthopedic Surgery, Loma Linda University Health.

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Tagged With: Empiric Health, Intermountain Healthcare, Oxeon

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