What You Should Know: - PointClickCare announces its intent to acquire Collective Medical to create the largest combined acute and post-acute care network in North America for $650M. - Collective Medical’s platform connects more than 1,300 hospitals, thousands of ambulatory practices and long-term post-acute care (LTPAC) providers, as well as accountable care organizations (ACOs) and every national health plan in the country, across a 39-state network. - With the acquisition of
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accountable care
Recent Executive Hires: CVS Health New President, Cleveland Clinic/Amwell Joint Venture Leadership, Others
CVS Health Corporation names Neela Montgomery Executive Vice President and President of CVS Pharmacy/Retail, effective November 30, 2020. Montgomery will oversee the company's 10,000 pharmacies across the United States. Montgomery, currently a Board Partner at venture capital firm Greycroft, most recently served as chief executive officer of furniture retailer Crate & Barrel and has nearly 20 years of global retail experience. The Cleveland Clinic and Amwell joint venture appoint
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CareAsOne Summit 2020 Kicks Off Discussing Healthcare Transformation
This three-day virtual summit hosts over 40 industry experts discussing the challenges and transformation in healthcare. CareAsOne, a virtual healthcare professional community, officially kicked off its first-ever, global CareAsOne Summit. With Microsoft and AWS as technology partners, the community’s conference joins healthcare experts from all over the world to discuss the most healthcare pressing issues of today and perhaps tomorrow. Speakers started sharing their wins, challenges,
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Arcadia, PatientPing Expands Partnership to Enhance Real-Time Patient Data for Healthcare Organizations
What You Should Know: - Arcadia and PatientPing expand partnership to help customers achieve improved post-acute and transitions of care outcomes. - As part of the expanded partnership, Arcadia Analytics will further integrate real-time health event notifications into comprehensive patient data set for improved care coordination. Arcadia , a provider of population health management technology, announced today that it has expanded its relationship withPatientPing, a comprehensive
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CMS Direct Contracting Model Options for Value-Based Care
The Centers for Medicare and Medicaid Innovation (CMMI) created the Direct Contracting Model to expand opportunities for more diverse providers and healthcare organizations to participate in value-based care arrangements for Medicare fee-for-service (FFS) beneficiaries. The goal of the new model is to create the next generation of risk-sharing arrangements to improve outcomes for patients, lower costs, and ensure high-quality care. In developing the Direct Contracting model and associated
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Intermountain’s Castell Taps Arcadia to Elevate Value-Based Care
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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ACO to Deploy Innovaccer’s FHIR-enabled Data Activation Platform Across Medicare Population
What You Should Know: - MultiCare Connected Care announced it will leverage Innovaccer's FHIR®-enabled Data Activation Platform for the Medicare Track 1+ population. - MultiCare Connected Care is an Accountable Care Organization and a wholly-owned subsidiary of MultiCare Health System based in the state of Washington, one of the largest, not-for-profit health systems. MultiCare Connected Care (MCC), one of the leading clinically integrated care networks in the state of Washington,
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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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Arcadia Launches New COVID-19 Recovery Toolkit for Health Systems
What You Should Know: - Arcadia launches COVID-19 Surveillance and Engagement Toolkit with data and resources to help health systems in value-based payment arrangements meet the demands of the pandemic. - Since the introduction of Arcadia’s COVID-19 Surveillance and Engagement Toolkit, more than a dozen health systems have used Arcadia Analytics to reach patients via text message outreach and symptom screening tools, an increase
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COVID-19 Crisis Makes Complying with Data Interoperability a Priority
With healthcare organizations focused on battling COVID-19, the recent federal healthcare regulation requiring data interoperability may have become an afterthought. However, compliance with this rule will create a powerful tool for fighting COVID-19 recurrences and future pandemics. If interoperability had gone into effect earlier this year as originally scheduled, many insurance companies and the federal government would now be able to securely share the data they have for most of the
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