VirtualHealth, a New York City-based startup of population health management and care management technologies, has raised $7 million in funding led by Edison Partners. The company plans to utilize the funding to further develop its product suite, grow the team and expand its market share. Founded in 2012 by Adam Sabloff, VirtualHealth’s secure, cloud-based platform seamlessly integrates population analytics with market-leading care, disease, and
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Value-Based Care
Value-based care is a healthcare delivery model in which providers, including hospitals and physicians, are paid based on patient health outcomes
3 Roadblocks to Achieving Interoperability In A Value-based Care System
I am sure I am not the only one who has lost count of the times I’ve been asked “Why can’t the systems talk to each other?” or, in more technical terms, “Why don’t we have interoperability?”The numerous health IT solutions that we have around us today were meant to improve not just the delivery of care, but also enhance patient outcomes as the care continues across multiple practices. At the most basic level, I suppose we can define interoperability as two or more systems communicating with each
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Einstein, Humana Enter Value-based Care Agreement to Offer Better Patient Experience
Einstein Healthcare Network and Humana Inc. have entered into a value-based agreement designed to offer a coordinated, patient-centered experience to help Humana Medicare Advantage members achieve their best health. The value-based care agreement, in turn, teams Humana with Einstein Healthcare Network’s Accountable Care Organization, Einstein Care Partners, toward enhancing both the patient experience and patient outcomes in the Philadelphia area.Einstein Healthcare Network is a leading
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Texas HIE Selects Innovaccer to Advance Data-Driven Valued-based Care Initiatives
The Paso del Norte Health Information Exchange, PHIX, an El Paso, TX-based health information exchange (HIE) has selected Innovaccer, Inc., a Silicon Valley-based healthcare platform company, to leverage its technology for data-driven value-based initiatives. As a Health Information Exchange, PHIX will provide access to patient's longitudinal health record from across the care continuum. PHIX’s goal is to improve efficiency, increase quality of care, and improve patient safety.To realize their
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Twine Health Lands $1.5M to Expand AI-Powered Health Coaching Platform
Today, Twine Health, a four-year-old spinoff of the MIT Media Lab has raised $1.5 million in Series A1 funding led by Qiming Venture Partners USA. The company plans to used the latest round of funding to accelerate the development of its AI-powered health coaching platform, continued market expansion in the US, and early international sales, including in China. Twine has received a total of $8.3 million in venture funding to date including investment fromKhosla Ventures, Provenance Venture
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Mount Sinai to Deploy Lumeris Value-Based Services to Optimize Population Health Outcomes
Mount Sinai Health System, New York City’s largest integrated delivery system has signed an agreement with Lumeris, a value-based care management service provider to optimize Mount Sinai's population health outcomes. Mount Sinai has already made great strides in covering populations at risk but under the guidance of Lumeris they plan to double the number of lives covered under value-based care arrangements.The multi-year collaboration focuses on better engaging physicians in the value-based care
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Care Intelligence System: The Revolution of Innovations in Value-based Care
Keeping a system of records for storage and backup has always been a must for healthcare organizations all over the U.S. As the method of storing data went from paper to electronic, healthcare became more and more adept at collecting data and archiving it.However, the route of exchanging meaningful information was still lost on many. As of 2017, a majority of the health industry has adopted EMRs, however, gaining meaningful insights out of them is still an unfulfilled promise.The real trouble
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Innovaccer Launches Care Intelligence System to Empower Care Teams for Value-based Care
Innovaccer Inc., a Silicon Valley-based healthcare platform company, today announced the launch of Care Intelligence System to become the bedrock of value-based care. The new platform is designed for care teams to streamline their workflows, reduce IT dependency and yet reach more of their at-risk patients.Innovaccer realized the need for a new value-based care platform while working with multi-hospital systems like Mercy ACO, Osler, Compass, CHI, and Catalyst. CMS has introduced many payments
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NTT Data, Oracle Collaborate to Bring Healthcare Big Data to the Cloud
NTT DATA, Inc. announced the expansion of its existing relationship with Oracle to include end-to-end cloud capabilities for Oracle’s Healthcare Foundation, a unified healthcare analytics platform. The platform provides data integration and warehousing of clinical, financial, administrative and -omics modules in a cloud solution to customers worldwide. The healthcare cloud offering will provide organizations the ability to easily unify, grow or replace their existing healthcare data warehouse
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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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