A brief summary of noteworthy news, health IT M&A activity, IPOs, and public company performance during the month of March.
Noteworthy News
Amazon, JP Morgan, Berkshire Names New Joint Venture Haven
Amazon, J.P. Morgan, and Berkshire Hathaway name joint venture Haven. In January 2018, the three founding companies announced plans to create this independent organization, now called Haven, which is free from profit-making incentives and constraints. Haven’s focus is the 1.2 million
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Social Determinants of Health (SDOH) | News, Analysis, Insights - HIT Consultant
Innovaccer Launches AI-Assisted Solution to Address the Social Determinants of Health
Innovaccer Inc., the leading San Francisco-based data activation company, announced today the launch of its SDOH Management solution tailored to capture SDOH data and leverage it to deliver enhanced care, powered by its Data Activation Platform. Created after months of extensive research & development (R&D), Innovaccer's goal of the solution is to empower physicians and care teams with visibility into the social needs of their patients, right in the moment of care.
How Non-Clinical
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AMA, UnitedHealthcare Develop ICD-10 Codes to Support Social Determinants of Health
UnitedHealthcare and the American Medical Association (AMA) are teaming up to support using data for social determinants of health (SDOH) to improve and simplify how referrals are made to social services. The collaboration builds off work initiated by UnitedHealthcare to standardize how data is collected, processed and integrated regarding critical social and environmental factors that contribute to patient well-being.
New ICD-10 related to Social Determinants of Health (SDOH)
Today, nearly 80%
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Imprivata Integrates Biometric ID with Verato’s Patient Matching
Imprivata, a healthcare IT security company, and Verato, a provider of patient identity matching solutions, today announced an integration partnership to offer a comprehensive solution for patient identification and record matching challenges. The integration will link links Imprivata PatientSecure, a positive patient identification solution for healthcare, with Verato Universal™ MPI, a cloud-based master patient index (MPI) solution powered by Verato’s proprietary referential matching
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Blue Cross Blue Shield Institute Launches Program to Address Social Determinants of Health at The Community Level
Blue Cross Blue Shield Institute is teaming up with Solera Health to launch a new program to effectively address social determinants of health (SDOH) at the community level. The national roll-out of the program expected to launch in Q2 2019 will focus on the unique environmental and cultural influences and barriers to successfully coordinating regional SDOH resources at scale.Reaching Beyond Population HealthBy tailoring local SDOH resource recommendations to directly align with individual
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Report: 8 Barriers to Addressing Social Determinants in Population Health Programs
Social Determinants of Health (SDoH) initiatives are disrupting healthcare delivery and reimbursement, according to a national survey of leading health plans and other healthcare stakeholders. Commissioned and conducted by the HealthCare Executive Group and Change Healthcare, the 9th Annual Industry Pulse Survey report reveals a significant number of healthcare leaders are planning to offer programs addressing care coordination, transportation, food insecurity, and other factors for members over
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Unite Us Raises $35M for Care Coordination & Outcome Tracking Platform
Unite Us, an NYC-based care coordination and outcome tracking platform connecting healthcare and social service providers has raised $35 million in Series B funding. The funding round was led by Oak HC/FT, with participation from Town Hall Ventures and Define Ventures. Existing investors Scout Ventures, Luminate (part of The Omidyar Group) and New York Ventures. The latest round brings the company’s total funding to $45.3 million.
Comprehensively Addressing Social Determinants of
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How Our Texas ACO Saved Medicare $14M with Population Health Approach
Only about a third of the accountable care organizations (ACOs) in the Medicare Shared Savings Program (MSSP) qualified for bonuses in 2017. Our ACO, the Rio Grande Valley Health Alliance (RGVHA), was one of them. In fact, we’ve generated enough MSSP savings to net bonuses for five years in a row.
In 2015, RGVHA saved Medicare $14.2 million, of which our providers received half. In 2016, our ACO’s first year in Track 3 of the MSSP, we received 75% of the $8.5 million we saved. And in 2017,
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Stanford Health Taps Lumeris to Optimize Medicare Advantage Plan
Stanford Medicare Advantage plan seeks sustainable value-based care growth and continued innovations to serve seniors in collaboration with Lumeris.Lumeris, a provider of value-based care, and Stanford Health Care are partnering on a long-term collaboration for the further development of Stanford Health Care Advantage, a Medicare Advantage (MA) plan in Northern California. Once finalized, Lumeris will help optimize and grow the MA plan throughout the region and support Stanford Health Care's
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The Blueprint to Scaling Social Determinants of Health (SDOH) Data Collection
In the value-based care world, cost-effective treatment, quality of care, and patient outcomes determine payment. Social determinants of health (SDOH) represent the economic, psychological, educational, environmental and social barriers that limit healthy behaviors, access to care and adherence to treatment resulting in poor health outcomes. Many stakeholders in health care are trying to address social determinants as part of their value-based care strategy. However, many organizations are
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