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

Signify Health Launches Social Determinants of Health Solution Signify Community

by Jasmine Pennic 06/25/2019 Leave a Comment

Signify Health Launches Social Determinants of Health Solution Signify Community

Signify Health, a provider of technology-enabled in-home care and complex care management services, has announced the launch of Signify Community, the first and only social determinants of health (SDOH) solution that ties social interventions to quality, satisfaction, and financial outcomes—including 30% reductions in readmissions and 46% reductions in post-acute care spend for high-utilizer safety net populations.Understanding SDoHSocial determinants of health (SDOH) are complex and
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Geisinger Appoints Dr. Jaewon Ryu as New CEO

by Fred Pennic 06/20/2019 Leave a Comment

Geisinger Appoints Dr. Jaewon Ryu as New CEO

Geisinger today announced that its Board of Directors has appointed Jaewon Ryu, M.D., J.D., as president and chief executive officer. Dr. Ryu, who has served as interim president and CEO since November 2018 and executive vice president and chief medical officer since September 2016, becomes the seventh chief executive officer in Geisinger’s 104-year history. He succeeds David T. Feinberg, M.D., MBA, who left Geisinger earlier this year to assume a leadership role at Google. “On
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CredSimple Raises $14M to Redefine The Provider Credentialing Process

by Jasmine Pennic 06/14/2019 Leave a Comment

CredSimple Raises $14M to Redefine The Provider Credentialing Process

 CredSimple, the a NYC-based cloud-based healthcare credential verification organization, has raised $14 million in Series B funding led by Questa Capital. The round also included participation from existing investors including Windham Venture Partners who led the company's Series A round and Primary Ventures who co-led its seed investment.Outdated Credentialing ProcessTraditionally, credentialing has run on outdated systems, spreadsheets, and repetitive manual work that only increases work,
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Applied Analytics: Making the Dream of Cost-Controlled Population Health a Reality

by Moshe Starkman, Senior Director, Value Based Reimbursement, nThrive 06/12/2019 Leave a Comment

Applied analytics: Making the dream of cost-controlled population health a reality

Ninety percent of a solution is accurately defining the problem, however, in healthcare, much like nearly every other industry, more time and energy is spent on fixing perceived symptoms rather than identifying root caU.S.es. Today we will explore the contribution that applied analytics has made and continues to make on bending the dramatic U.S. healthcare cost curve. To do this well we will first explore the primary cost drivers (i.e. root caU.S.es), as to why the U.S. spends more on care than
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Humana Integrates Real-Time Benefits Tool with Epic’s E-prescribing Workflow

by Fred Pennic 06/11/2019 Leave a Comment

Humana Integrates Real-Time Benefits Tool with Epic’s E-prescribing Workflow

Humana and Epic today announced an agreement to integrate Humana’s IntelligentRX real-time benefits tool directly into Epic’s e-prescribing workflow. Humana is the first national insurer to collaborate with Epic to bring together patients, providers and payers to power value-based care. The resulting integration will deliver real-time pharmacy data and access to patient’s medical history, which, in turn, will enable cost reduction, improved quality, and increased patient
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How Patients Suffer From The Worst Kept Secret in Health IT

by Mark LaRow, CEO of Verato 06/11/2019 Leave a Comment

Recently, articles in The Atlantic and Fortune highlighted a risk that plagues the healthcare system but is rarely talked about. The in-depth pieces uncover real-life patient stories resulting from mismatched and incorrect patient medical records. These tragic stories unfold in the articles and highlight scenarios that include permanent brain damage in a 5-year old; a cancer scare due to an incomplete radiological history; the missed diagnosis of a fatal brain aneurysm in a 47-year old woman;
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Bon Secours Mercy Health Sells $1.2B Majority Stake in Ensemble Health

by Jasmine Pennic 05/31/2019 Leave a Comment

Bon Secours Mercy Health Sells $1.2B Majority Stake in Ensemble Health

Bon Secours Mercy Health sold their 51% majority stake in revenue cycle management company Ensemble Health to Golden Gate Capital, a private equity investment firm. Bon Secours is expected to receive $1.2 billion cash which will be reinvested in Bon Secours Mercy.  As part of the agreement, Bon Secours Mercy Health will continue as a commercial partner to Ensemble, as well as remain a minority owner in the Company and continue to serve on the Company's board.Founded in 2014, Ensemble partners
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Cerner Launches Social Determinants Innovation Collaborative with Over 30 Health Systems

by Fred Pennic 05/30/2019 Leave a Comment

Social determinants of health

This week, Cerner announced the launch of the Social Determinants Innovation Collaborative (SDIC), a group of over 30 health systems that come together to share best practices and steps forward in addressing social determinants of health.The Impact of Social Determinants of Health DataThe CDC defines “social determinants of health” as the circumstances in which people are born, grow up, live, work, and age. Social, environmental and economic factors – such as transportation, housing, nutrition,
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Innovaccer Launches ACO Comparison & Performance Enablement Tool

by Jasmine Pennic 05/29/2019 Leave a Comment

Innovaccer, Launches the 2019 Version of Its Critically Acclaimed ACO Compare Tool

Innovaccer Inc., a San Francisco-based data activation company, today announced the launch of the brand new version of its ACO comparison and performance enablement tool, ACO Compare. With Innovaccer’s latest offering, ACOs can figure out concrete strategies and build comprehensive roadmaps to achieve their goals based on in-depth analysis and regression on critical data points.Growing Importance of Understanding The Value-based Care LandscapeWhile ACOs have traditionally been considered to be
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UnityPoint Health Launches $100M Venture Fund to Invest in Early-Stage Growth Startups

by Fred Pennic 05/24/2019 Leave a Comment

UnityPoint Health Launches $100M Venture Fund to Invest in Early-Stage Growth Startups

UnityPoint Health, a West Des Moines, IA-based network of hospitals, clinics, and home care services in Iowa, Illinois, and Wisconsin has announced the launch of its $100M venture fund at the inaugural MedCity INVEST Pop Health conference in New Orleans this week. The UnityPoint Health Ventures Innovation Fund will manage and direct the health system’s financial and strategic investment opportunities in early-stage growth companies in four key sectors: digital health, medical devices,
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Epic Unveils MyChart Central and New APIs to Advance Interoperability at Open@Epic

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