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Innovaccer, P3 Health Partners Team Up to Drive Value-Based Care for Medicare Patients

by Jasmine Pennic 07/09/2024 Leave a Comment

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What You Should Know: 

– Innovaccer Inc., a healthcare AI company, and P3 Health Partners (NASDAQ: PIII), a patient-centered population health management company, today announced a strategic partnership focused on revolutionizing care delivery for Medicare patients. 

– By leveraging AI and data-driven insights, Innovaccer and P3 Health Partners aim to transform healthcare delivery for Medicare patients, leading to better outcomes, cost optimization, and a more positive experience for both patients and providers.

P3 Health Partners: A Champion of Value-Based Care

P3 Health Partners is renowned for its innovative approach to healthcare delivery. They empower physicians, hospitals, and healthcare providers in transitioning from traditional volume-based models to value-based systems that prioritize patient wellness. P3’s focus on preventative care and cost management strives to improve patient care quality while reducing overall healthcare spending.

Unifying Data for Better Care Management

To ensure consistent reporting across their five regions, P3 Health Partners sought an advanced AI analytics and data platform. Innovaccer’s Healthcare AI Platform delivers the solution. P3 will leverage the platform’s capabilities to:

  • Unify, aggregate, and normalize clinical and claims data from various sources like health plans, Electronic Health Records (EHRs), health IT systems, and community sources.
  • Close coding and care gaps seamlessly at the point of care with InNote, Innovaccer’s EHR-agnostic physician engagement solution.
  • Achieve quality and cost goals by utilizing Innovaccer’s population health analytics suite.
  • Drive omnichannel patient outreach to improve the patient experience with Innovaccer’s patient engagement solution.

“P3 is a true leader in population health management. Their patient support team provides tools and resources that prevent and manage illness, empowering patients to take steps to improve their own health,” said Abhinav Shashank, co-founder and CEO of Innovaccer. “With Innovaccer’s Healthcare AI Platform, P3 can free their providers from time-consuming administrative tasks to focus on providing exceptional care to patients and communities. We’re thrilled to partner with P3 to elevate the patient and provider experience.”

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