What You Should Know:
- Intermountain’s Castell has selected Arcadia Analytics
as the healthcare technology and analytics foundation to support its
comprehensive approach to helping organizations accelerate the transition from
volume- to value-based systems of care.
Castell, the new comprehensive healthcare platform company from Intermountain Healthcare that elevates value-based capabilities for providers, payers, healthcare systems, and accountable care organizations (ACOs) has
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Backed by Northwell, Conversa Health Raises $12M for AI-Powered Chatbots
What You Should Know:
- Conversa Health raises $12 million in Series B funding
round to expand its AI-powered chatbots enabling health systems, payers and pharmaceutical
companies to engage patients and collect patient-generated health data and
patient-reported outcomes.
- Conversa plans to use the funding to scale its virtual
care and communication platform—97 percent of patients who have used its chatbots
say they can better manage their care with Conversa.
- Murray Brozinsky
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Aledade Raises $64M for Value-Based Care Network of Physician-Led ACOs
What You Should Know:
- Aledade raises $64M in Series C funding led by OMERS Growth Equity to expand its national network of more than 500 physician-driven accountable care organizations (ACOs) across 27 states.
- To date, Aledade’s ACOs care for more than 840,000 patients and manage more than $7.5 billion in health care spending through 38 Medicare and 42 other value-based contracts.
Today, Aledade announced
it has closed a $64 million Series C funding round following
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PatientPing’s Network of Next Generation ACO Partners Generates Over $150M in Savings
PatientPing’s national network of Next Generation Accountable Care Organizations (ACO) partners generated over $150 million in savings under the CMS Next Generation ACO for the year 2018. PatientPing's national network includes thousands of providers across hospitals, health systems, health plans, post-acute, and other entities, all of which are working together to collaborate with one another on their shared patients.PatientPing, a Boston, MA-based care collaboration platform announced that its
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Can Consumer Price Transparency in Healthcare Live Up to the Hype?
Meg Koepke, Vice President of Strategy at NovuHealth
There has been a lot of discussion in recent weeks and months about price transparency in healthcare. The idea is simple—payers and providers reveal the rates they pay or charge for health services in order to help consumers make better choices.
Despite the hype surrounding price transparency, it will undoubtedly come with a whole set of realities and limitations—there are a variety of factors that go into setting prices, and in many cases,
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88% of Hospitals Plan to Invest in Remote Patient Monitoring Solutions to Support Value-Based Care
- 88% of health systems and hospitals surveyed have invested or plan to invest in remote patient monitoring solutions to support their organizational transitions to value-based care, according to the latest Spyglass Consulting Group report. - Healthcare provider investments in RPM solutions are being driven by several underlying market factors including exploding healthcare costs, a rising aging baby boomer population, the increased prevalence of chronic disease, and continuous healthcare
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ECRI Institute: Top 4 Biggest Risks in Ambulatory Care to Watch
- ECRI Institute report reveals diagnostic testing and medication events are the most frequent safety risks patients face in ambulatory care.- Analysis of more than 4,300 adverse events reveals bifurcated healthcare system challenging outcomes.Diagnostic testing and medication events are the most frequent safety risks patients face in ambulatory care, according to new research from ECRI Institute, the nation’s leading independent, non-profit patient safety organization. ECRI Institute’s Deep
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University Hospitals Health System to Deploy NextGen Population Health Platform
- University Hospital Health System has selected NextGen to deploy their population health platform to help enhance patient care. - NextGen Population Health platform aggregates and analyze patient data, and drive meaningful insights across clinical, financial and administrative data.University Hospitals Health System, a health system based in Northern Ohio has selected NextGen to deploy their NextGen Population Health platform that identifies gaps in care and enhances proactive patient health
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Connecticut Launches State-Wide Hospital Quality Scorecard & Cost Estimator
The Connecticut Office of Health Strategy (OHS) has launched a state-wide online hospital quality scorecard and cost estimator solution called Healthcare CT to assist residents in making informed decisions concerning their healthcare among healthcare providers. The website has interactive tables and graphs that allow consumers to search, sort, and filter by entity, quality measure, health topic, and rating. In addition, the solution promotes cost transparency in healthcare improves access to
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Innovaccer Launches Data Solution to Enable ACOs’ Seamless Transition to Value-Based Care
A survey suggests that 71% of accountable care organizations would rather quit the Medicare Shared Savings Program than assume down risks. Although ACOs are leading the transition from volume-based care to value-based care, a lot of them face the lack of confidence in meeting the quality and cost benchmarks. When ACOs don’t have adequate knowledge and control over the network, earning shared savings can be quite challenging. Data from disparate sources such as EHRs, payer claims, PMS and HIEs
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