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

Premier Acquires Medpricer for $35M to Optimize Savings in Purchased Services

by Fred Pennic 10/29/2019 Leave a Comment

Premier Acquires Medpricer for $35M to Optimize Savings in Purchased Services

- Premier acquires Medpricer’s technology solution that enables purchased services savings across a total addressable acute care market of $160 billion. - Cloud-based platform provides purchased services management technology, including pricing benchmarks, RFP templates and other supplier data. - Acquisition enables healthcare providers to better manage third-party contracts to improve financial performance.Premier Inc., a healthcare improvement company, has acquired Medpricer, a
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Medecision Acquires Population Health Platform GSI Health

by Fred Pennic 10/29/2019 Leave a Comment

Medecision Acquires Population Health Platform GSI Health

- Medecision acquires health delivery system transformation pioneer GSI Health, a cloud-based population health platform to optimize value-based care. - The acquisition expands Medecision's expertise and solutions for Medicaid beneficiary management, member engagement in community care settings.Today, Medecision, an integrated health management solutions provider that supports the health and care of more than 50 million consumers nationwide, has acquiredPhiladelphia-based GSI Health, a SaaS
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How Value-Based Care is Changing the Way You Build Digital Health Companies

by Sean Walker, Partner at The Bowdoin Group, Josh Gottlieb (Managing Director, Digital Health) at The Bowdoin Group, and Michelle Mattson-Hamilton, Associate Principal at ST Advisors 10/24/2019 Leave a Comment

After years of talk, fee-for-service payment models are finally being challenged in a real way. With value-based care, providers are reimbursed based on patient health outcomes rather than the number of patients they see, which has begun to pass the burden of cost from insurers and employers to providers and patients. Fundamentally, value-based care requires vendors as well as providers to operate differently, but new revenue models and a new approach to hiring deserve special consideration. In
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Data: The Foundation For Collaborative Leadership To Deliver High-Value Care

by Karen Conway, Vice President, GHX and Li Ern Chen, MD MSCS 10/23/2019 Leave a Comment

Data: The Foundation For Collaborative Leadership To Deliver High-Value Care

The move to a healthcare system that rewards the value delivered to patients vs. the volume of services performed is no easy task. Healthcare providers, including hospitals and physicians, face decreasing reimbursements as both commercial and government payors implement new payment models designed to more closely align the activities of various organizations and practitioners involved in patient care. Better coordination has been found to both improve the quality and lower the cost of care,
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How Digital Health Solutions Can Help Hospitals Eliminate Opportunities for Error

by LouAnn Bala' MSN, RN, VP/CNO/Product Strategy at GetWellNetwork 10/22/2019 Leave a Comment

How Digital Health Solutions Can Help Hospitals Eliminate Opportunities for Error

For many hospitals and health systems, creating a culture of high reliability is a priority.  As healthcare shifts toward value-based care models that reward strong clinical outcomes, using repeatable, standardized processes to avoid errors and deliver safe, high-quality care is vital. Despite dedicated efforts, however, the healthcare industry still struggles to achieve consistent, widespread quality. According to the U.S. Centers for Disease Control and Prevention (CDC), nearly 1.7
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Intermountain Ventures Invest in Omada Health to Expand Relationship

by Fred Pennic 10/10/2019 Leave a Comment

Intermountain Ventures Invest in Omada Health to Expand Relationship

- Intermountain Ventures, the strategic investment arm of Intermountain Healthcare has invested in digital care leader Omada Health. - The announcement expands the relationship with Intermountain Healthcare that began five years ago in 2016 and comes off the heels of Omada’s recent $73M funding round. - The Omada Program became a covered benefit for Intermountain employees and their adult dependents in 2019.Today, Omada Health announced a milestone investment from Intermountain Ventures, the
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Evolent Health Achieves NCQA Population Health Program Accreditation

by Jasmine Pennic 10/10/2019 Leave a Comment

Evolent Health

- Evolent Health becomes the first company ever to achieve Population Health  Program Accreditation from NCQA with the status of Accredited–3 years. - The Population Health Program Accreditation is the third NCQA Accreditation Evolent has achieved in 2019, with Evolent having also earned 3-Year Accreditation in both Utilization Management and Case Management in 2019. - Three years is the longest accreditation time period NCQA designates for organizations.Evolent Health, a company providing an
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Geisinger Inks 10-Year Deal to Make Cerner Its Preferred Data Platform

by Fred Pennic 10/08/2019 Leave a Comment

Bayer and Geisinger to Create EHR-Integrated Contraception Counseling Pathway

- Geisinger announced a 10-year deal with Cerner to expand its use of the HealtheIntent population health platform and make it the health system’s preferred data platform. - Geisinger plans to use the platform to gain actionable insights and intelligence by bringing together data from across it's health system. - Geisinger and Cerner will also create an innovation team to discover, build and implement transformative health care solutions with AI and machine learning.This morning during the
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Cerner Designates ResMed’s Home Health & Hospital Platform As Its Preferred Solution

by Fred Pennic 10/07/2019 Leave a Comment

IPA, IHANY, Fidelis Care Partner to Address Social Determinants of Health in Upstate New York AzHHA Taps PatientPing to Improve Care Coordination Across State of Arizona

- Cerner forms a collaboration with ResMed to designate ResMed’s Brightree Home Health and Hospice platform as its preferred solution.- Cerner also plans to connect other ResMed digital health data platforms—including those that support 10 million-plus cloud-connectable sleep apnea and respiratory care devices—to its EHR and HealtheIntent population health platform.Cerner and ResMed, a world-leading digital health company, today announced a new collaboration agreement to help providers make more
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To Address Quality Reporting Challenges for Providers, Innovaccer Launches Web Interface Reporting Solution

by Fred Pennic 10/07/2019 Leave a Comment

To Address Quality Reporting Challenges for Providers, Innovaccer Launches Web Interface Reporting Solution

- Innovaccer launches its GPRO reporting solution that aims to automate quality reporting and assists providers in closing the prevalent care gaps.- Build on top of the Data Activation Platform, the solution simplifies reporting by integrating data from multiple sites, automating quality measures evaluation, and delivering actionable analytics at a patient level.  - The solution offers drilled down analytics at the patient level to evaluate performance for each measure and close the existing
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