Healthify, a NYC-based community referral and social determinants management platform, closed a $6.5m Series A funding round led by BlueCross BlueShield Venture Partners (BCBSVP). The round also included participation from existing investors Primary Venture Partners (PVP) and Activate Venture Partners (AVP).Healthify will use the funds from the financing to expand its care coordination product suite and grow its network of customers and social service partners. To date, Healthify has raised over
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ACO | Accountable Care Organization | Policy, News, Analysis, Insights - HIT Consultant
Survey Reveals Physicians Accelerating Adoption of Medicare’s Chronic Care Management Program
Following a slow start, U.S. physician groups have significantly accelerated their adoption of a key federal program aimed at improving the care of Medicare patients with chronic disease, while they remain relatively in the dark about the details of the 2015 law that the program has come to support.Forty-one percent of physician groups have launched a Chronic Care Management (CCM) program that meets the requirements for reimbursement by the Centers for Medicare and Medicaid Management (CMS),
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Innovaccer Launches New ACO Initiative to Assist IPAs and Providers Transition
Innovaccer Inc., a Silicon Valley-based Healthcare analytics company has launched a ‘no cost’ initiative to provide assistance to Independent Physician Associations (IPAs) and other transforming provider organizations to transition into an Accountable Care Organization (ACOs)The concept of value has become prominent in the advancing healthcare. Care teams are creating room for improvement in care delivery to bring down the cost of care with a better quality of care. The complexity and
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Partners, GE Healthcare Launch 10-Year Initiative to Bring Artificial Intelligence to Diagnostic Imaging
Partners HealthCare and GE Healthcare announced a 10-year collaboration to rapidly develop, validate and strategically integrate artificial intelligence technology across the entire continuum of care. The vision of the collaboration includes co-development of open platform on which deep learning applications can be created, validated and seamlessly integrated into clinical workflows. Specific areas of focus span across multiple medical specialties including:- Radiology- Pathology- Population
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Survey: 64% of Healthcare Organizations Still Underprepared For MACRA
More than half of healthcare providers (64 percent) are “unprepared” or “very unprepared” for managing and executing Medicare Access and CHIP Reauthorization Act (MACRA) initiatives, according to the 5th annual Health IT Industry Outlook Survey conducted by Stoltenberg Consulting Inc. The survey was conducted at the 2017 Health Information and Management Systems Society (HIMSS) annual conference in Orlando included participants from practice management, project management, director and c-suite
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Chilmark Report: 2017 State of the ACO Value-Based Model & Its Market Evolution
Successfully enabling an Accountable Care Organization is extremely challenging: There isn’t one standard ACO model; there isn’t one single ACO national policy; there isn’t one specific map to follow to build an ACO nor measure its success. There are few if any best practices readily available for healthcare organizations to adopt and make a successful transition to value-based care (VBC) within an ACO model. This has created a strong market need for high-service solution vendors that can guide
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Beacon Health System ACO Taps Koan Health for Value-Based Analytics
CHA ACO — a federally recognized accountable care organization (ACO) owned by Beacon Health System has tapped Dallas-based Koan Health to provide comprehensive healthcare analytics, risk management and performance improvement services for multiple CHA ACO and Beacon initiatives. As part of the agreement, CHA ACO and Beacon will have access to Koan Health's proprietary analytic tools and consulting services that analyze and target areas for improvement in population health and specific episodes
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10 Recommended Policy Principles to Build Momentum Towards Value-based Care
In a letter to Congress and the Administration, leading healthcare organizations today called for a renewed effort to move to value-based care, patient-centered payment models that reward improved quality and cost-effective care. Central to this effort is addressing the perverse incentives in the fee-for-service system, and antiquated laws and regulations that impede innovation and care coordination.The bipartisan journey toward value-based care began more than 15 years ago with pay for
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Able Health Launches End-to-End MIPS platform for Reporting, Performance Improvement
Able Health is a health IT company dedicated to making value-based care work for providers has launched an end-to-end MIPS solution enabling providers to improve performance and submit data to CMS with less time, money, and stress. The new platform can ingest patient data from electronic health records and data warehouses, calculate any MIPS registry quality measure or eCQM, and provide a dashboard for administrators to track and improve a group or provider's MIPS Composite Performance Score.
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Innovaccer Unveils Free ACO Performance & Trends Tool for Providers
Innovaccer Inc., a Silicon Valley-Headquartered Healthcare analytics company has unveiled ACO Compare, a one of it’s kind free tool to track, monitor and compare the performances of Accountable Care Organizations. Created after extensive research on Accountable Care Organizations currently functioning in the US with performance and quality data as received from CMS, ACO Compare combines 33 quality reporting measures specified by the CMS serve as the basis of comparison which are divided into
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