Signify Health and Remedy Partners have signed a definitive agreement to merge to create a market-leading platform delivering value-based care enablement. Together, Signify Health and Remedy Partners both portfolio companies of New Mountain Capital LLC will leverage clinical, behavioral and social data amidst an accelerating market shift from fee-for-service toward value-based payments and arrangements based on the quality and total cost of care for a patient.Merger Creates Combined Revenue of
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Social Determinants of Health (SDOH) | News, Analysis, Insights - HIT Consultant
Health2047 Spins Out Zing Health to Offer SDOH-Driven Medicare Advantage Plans
Today Health2047 Inc. is launching Zing Health, community-focused, physician-led Medicare Advantage plan that addresses social determinants of health (SDOH). Co-founded by Health2047 with experienced entrepreneurs Dr. Eric Whitaker and Dr. Ken Alleyne, Zing Health will initially offer a Medicare Advantage plan built around community and member health outcomes to consumers in the Midwest. With significant seed funding, a passionate and seasoned founding team and major market interest in its
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Health Innovation Think Tank IV: Experts Share Key Takeaways
The Health Innovation Think Tank, a diverse group of healthcare leaders, innovators and policymakers has announced the availability of key takeaways and actionable best practices for healthcare organizations from one of their five recent events. Health Innovation Think Tank Overview Formed in 2017 by Justin Barnes, the Health Innovation Think Tank includes nearly 200 cross-industry thought leaders. The group provides guest discussion catalysts, public policy updates, executive education
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DrChrono EHR Integrates With OutcomeMD to Track, Analyze Patient Outcome Data, Cofounding Factors
DrChrono, a medical practice EHR and OutcomeMD, a company revolutionizing medical outcome tracking, today announced its integration that gives practices using DrChrono’s EHR the seamless ability to incorporate patient-reported outcomes into their clinical flow. OutcomeMD Solution Overview OutcomeMD is a software solution that uses literature validated patient-reported outcome instruments to score and track a patient’s symptom severity and inform treatment decisions. The platform’s outcome
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NYC Health + Hospitals Launches Primary Care-Centered Diabetes Management Program
NYC Health + Hospitals, the largest public health care system in the nation announced the launch of a comprehensive, primary care-centered diabetes management program. The diabetes management program includes investing in new clinical pharmacy staff, equipment, and technology to improve health outcomes and expand services through telehealth techniques for more than 60,000 New Yorkers with diabetes who receive care in the City’s public hospitals and community-based health centers.Impact of
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Medicare Advantage Plans Struggle With Internal Challenges to Keep Pace With Growth
Many Medicare Advantage health plans (35%) struggle with internal challenges in keeping pace with growth, including technology and infrastructure limitations, according to results of its latest Voice of the Market Survey. In addition, 33.8% struggle with a lack of IT staff or resources to make necessary changes and 29.4% lack the in-house Medicare experts necessary to implement adjustments in response to business fluctuation.The survey was commissioned by HealthEdge and conducted by Survata, an
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Boston University, Sharecare to Build Community Well-Being Index With SDoH & Real-Time Datasets
The Boston University School of Public Health (SPH) and Sharecare, the digital health company helping people manage all their health in one place has formed a strategic partnership to build the most comprehensive and dynamic measure of well-being across the United States.Community Well-Being Index (CWI) OverviewThe Community Well-Being Index (CWI) from SPH and Sharecare will contextualize the critical impact that environment has on one’s access to health resources, readiness to change and
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Intermountain Launches Value-based Care Spinout Castell
Intermountain Healthcare has formed a new comprehensive health platform company named Castell that will enable other organizations to accelerate their transition from volume to value-based systems of care, while keeping care more affordable and accessible. Rajesh Shrestha has been named as the president and CEO of Castell. In addition to leading Castell, Shrestha serves as vice president and chief operating officer of Community Based Care for Intermountain Healthcare. He has more than two
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How Medicare Advantage Plans Reduced Their Disenrollment Rates by 30% Through Welltok
The average Medicare Advantage plan turns over about 10% of its members every year, and for a 100,000 member plan, that can equate to about $110 million in lost premium reimbursements as well as a decline in Star ratings. This is why retaining members is a top priority among health plans. Welltok’s Medicare Retention Solution has helped leading Medicare plans reduce disenrollment rates by up to 30%, improve disenrollment-related Star ratings from 2.5 to 4 and retain up to $97 million
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AI in Healthcare: Enhancing Risk Models to Predict the Future Cost of Care
Traditionally, providers and health systems have relied on claims-based risk models, such as the CMS-HCC, ACG, and DxCG, which were built to forecast the risk of populations, but not at an individual level. While these models give a fairly good estimation of the risk of the population, they exhibit unsatisfactory estimation if used to predict the risk at an individual level.Innovaccer Inc., a healthcare data activation company, has taken a major step towards revolutionizing the way we identify
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