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Value-Based Care| VBC-Related News, Analysis, Insights - HIT Consultant

Top 3 Priority Areas for Healthcare CIOs in the Age of COVID-19

by Fred Pennic 07/17/2020 Leave a Comment

Top 3 Priority Areas for Healthcare CIOs in the Age of COVID-19

What You Should Know: - In the age of COVID-19, healthcare CIOs cite interoperability, cybersecurity, and operationalizing SDOH data priorities as top three priority areas, according to the third annual LexisNexis focus group of CHIME executives. - The survey results also highlighted the importance of a team approach with support across the organization in helping CIOs achieve the vision of connected healthcare.  The Health Care business of LexisNexis® Risk
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Cohere Health Launches with $10M to Increase Transparency Across Care Journey

by Fred Pennic 07/16/2020 Leave a Comment

Cohere Health Launches with $10M to Increase Transparency Across Care Journey

What You Should Know: - Boston-based health IT start-up Cohere Health announced the official launch of its company with a $10 million Series A funding round led by Flare Capital Partners. - The company’s patient journey-focused platform improves the notoriously difficult prior authorization process and replaces an existing patchwork of legacy, siloed processes, and antiquated technologies that contribute to the enormous administrative burden for physicians and health plans. - The end
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Intermountain’s Castell Taps Arcadia to Elevate Value-Based Care

by Jasmine Pennic 07/02/2020 Leave a Comment

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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Lenovo Launches Virtual Care Solution with Voice Activated Digital Assistant

by Jasmine Pennic 07/01/2020 Leave a Comment

Lenovo Launches Virtual Care Solution with Voice Activated Digital Assistant to Support Individualized Care at Home for Patients with Chronic Conditions

What You Should Know: - Today, Lenovo launches Virtual Care solution to help healthcare provider organizations remotely monitor, engage with and educate patients with many of these chronic health conditions, including diabetes, COPD, congestive heart failure (CHF), and hypertension. - Easy to use, patients take the kit home, plug it in and can immediately begin interacting with their care team. Patients are guided through an individual daily care plan aided by biometric devices and
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Cedar Gate Technologies Acquires Citra Health Solutions to Expand Value-based Technology

by Jasmine Pennic 06/26/2020 Leave a Comment

Cedar Gate Technologies Acquires Citra Health Solutions to Expand Value-based Technology

Cedar Gate Technologies (Cedar Gate), a Greenwich, CT-based value-based care performance management company, today announced its acquisition of Citra Health Solutions (Citra), a provider of capitation management software solutions. Expands Value-Based Care Technology Suite with Citra's Capitation Management Solutions By acquiring Citra, Cedar Gate expands its software and services capabilities across the full spectrum of value-based care. By combining Cedar Gate's existing capabilities in
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56% of Health Leaders State Their Current PHM Solution Falls Short, Fails to Address Current Needs

by Fred Pennic 06/24/2020 Leave a Comment

56% of Health Leaders State Their Current PHM Solution Falls Short, Fails to Address Current Needs

What You Should Know: - More than half (56%) healthcare leaders say their current population health management (PHM) solution doesn’t meet their needs, according to a new survey from Persivia. - Almost two-thirds (62%) say a lack of clinician engagement is the top reason they’re looking to replace their PHM solution. This was followed by the inability to convert data to action (48%), and inability to engage patients (43%) or perform sufficient analytics (43%) tied for third. - The
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How Can eConsults Help Clinically Integrated Networks Deliver Better Care and Demonstrate Value?

by Mark Cittadino, Head of Health System Sales, AristaMD 06/24/2020 Leave a Comment

How can eConsults help clinically integrated networks deliver better care and demonstrate value?

A Clinically Integrated Network (CIN) strategy that leverages eConsult technology can help physicians and health systems deliver better care at a lower cost. Physicians increasingly face pressure to deliver high-quality care efficiently while continuing to grow and sustain their practices. But lowering costs while sustaining growth often means giving up autonomy. The percentage of solo physicians in the U.S. fell to 17% in 2014, compared with 41% in 1983. Additionally, hospital ownership of
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Somatus Lands $64M to Expand Value-Based Kidney Care Model

by Fred Pennic 06/23/2020 Leave a Comment

Somatus Lands $64M to Expand Value-Based Kidney Care Model

What You Should Know: - Somatus raises $64M in Series C funding led by Longitudinal Capital to fuel the expansion of its value-based kidney care model. - Somatus will use the funding to continue to scale its model nationally and invest in technology and product development to better support patients and health plan partners. Somatus, a McLean, VA-based provider of value-based kidney care, today announced it has completed a Series C funding round of $64 million led by Longitude
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4 Ways Healthcare Leaders Can Use Data & Analytics to Prevent, Predict and Prepare for a Pandemic

by Laura Craft, Vice President, Analyst at Gartner 06/23/2020 Leave a Comment

4 Ways Healthcare Leaders Can Use Data & Analytics to Prevent, Predict and Prepare for a Pandemic

COVID-19 has put a laser focus on how data and analytics are powerful tools for healthcare leaders to predict, prepare, and respond in a proactive and coordinated manner to a global health crisis. Throughout the pandemic, data has been used to document the spread of the virus, project the curve, and more. Responses and actions to mitigate viral spread hinge on real-time data collection, governance, and analysis for instant decision making. The exchange of reliable, real-time data between
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ACO to Deploy Innovaccer’s FHIR-enabled Data Activation Platform Across Medicare Population

by Jasmine Pennic 06/19/2020 Leave a Comment

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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