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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Value-Based Care| VBC-Related News, Analysis, Insights - HIT Consultant
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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Carolinas Healthcare System to Implement Cerner’s Population Health Management Platform
Carolinas HealthCare System (CHS) has selected Cerner to implement their HealtheIntent population health management platform. The implementation will coordinate and manage care for its more than 12 million patient interactions each year across its health system and clinically integrated network, Carolinas Physician Alliance (CPA). Additionally, CHS will continue to use the Cerner Millennium® integrated EHR and will also extend its remote hosting relationship with Cerner.
HealtheIntent’s
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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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Rush Health Taps InterSystems to Implement Private Health Information Exchange
Rush Health, a Chicago-based clinically integrated health network has selected InterSystems to implement a private health information exchange (HIE). The implementation of InterSystems HealthShare will provide their hospital, physician and affiliate members a complete view of their patients’ records across the care continuum from within their EHR – connecting primary, specialty, sub-acute and hospital-based providers, as well as other HIEs regardless of EHR system.After evaluating several
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69% of Providers/Payers Are Uncomfortable with Risks of Value-Based Care
By 2018, the Centers for Medicare & Medicaid Services (CMS) will require 50 percent of payments to be value-based, meaning providers are compensated for healthy outcomes rather than each service provided. According to new research from Xerox, 69 percent of healthcare providers and payers are uncomfortable with the risks of value-based care, and 77 percent agree that some providers are losing money by adopting the approach.
The Xerox survey reveals that healthcare payers and providers
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KLAS Rates Deloitte Top Firm for ACO Strategy & Readiness
According to a recent KLAS report, Deloitte has been rated the top firm for ACO strategy development and readiness assessment. The report, ACO Advisory Services 2014: Navigating the Unchartered Territory of Accountable Care, evaluates seven firms based on interviews with 41 health care organizations working to implement value-based care models against three categories:
– strategy development
- readiness assessment
-implementation
Key Highlights
The KLAS report gave Deloitte
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