FUTURE OF HEALTHCARE, HEALTHCARE ANALYTICS
The Garage In | March 14, 2023
In a statement released on March 13, 2023, The Garage declared its intention to expand the reach of its population health management platform, Bridge, to independent hospitals and health systems. This initiative aims to facilitate the shift from fee-for-service to value-based care and tackle the challenges prevalent in the healthcare sector. It primarily supports small to midsize hospitals, health systems, affiliated practices, and clinicians.
The Garage is set to implement its digital-first and data-first approach, enabling these organizations to enhance care quality, efficiency, and the patient experience, ultimately leading to shared savings. By leveraging Bridge's capabilities, health systems and hospitals will be able to improve their ability to deliver value-based care and achieve better health outcomes for patients.
With the Bridge platform suite of adaptable applications for utilization management, risk network management, referral and leakage control, and more patient engagement, healthcare systems and community providers can implement a value-based care strategy in different dynamic care settings.
Bridge, the industry's prominent population health management platform, is EHR-agnostic, allowing it to integrate seamlessly with any electronic health record system. It aggregates and normalizes payer, clinical, health information exchange (HIE), social determinants of health (SDOH), and other data available for customers, providing a unified view accessible by any user. With Bridge, customers can dynamically filter data based on regions, payers, and other lines of business.
Joe Taylor, Executive Director of Community Care Collaborative of PA/NJ, stated, "Value-based care is a transformative change for our Industry." He added, "Our continued partnership with the Garage allows us to deploy technology that reduces the friction in coordinating care, improves quality and efficiency which benefits our patients and communities."
(Source – Business Wire)
Bridge's inbuilt network management capabilities enable healthcare facilities to retrieve patient information from other institutions. When it comes to patient management, Bridge provides comprehensive services that accommodate both real-time and asynchronous interactions. By doing so, fewer trips to the doctor will be required.
About The Garage In
The Garage, based in Orlando (Florida), is a population health management technology firm on a mission to enhance healthcare outcomes across the country, one area at a time. The company has over 140 healthcare groups and 19,500 healthcare practitioners in 34 states as partners. Nevertheless, The Garage's Bridge collaborative population health management platform has changed the lives of more than 15 million people.
DIGITAL HEALTHCARE, HEALTHCARE ANALYTICS
PointClickCare | March 17, 2023
PointClickCare Technologies, a leading healthcare technology platform enabling meaningful collaboration and access to real‐time insights at every stage of the patient healthcare journey, today announced the acquisition of Patient Pattern. The combination of PointClickCare and Patient Pattern will further the companies' shared vision of enabling better care and outcomes for high-needs populations and provide care teams with the solutions they need to successfully operate at the top of their license.
The shift to value-based care continues to accelerate each year, especially as providers are increasingly taking on more risk. According to a recent McKinsey and Company study, the number of patients treated within the value-based care landscape could roughly double in the next five years. Institutional Special Needs Plans (I-SNPs), demonstrate the enormous potential of aligned value-based care models.
“Senior care providers need support as they navigate new models of care and ultimately take on more risk-bearing responsibilities, inclusive of technology that helps them deliver exceptional care, particularly to high-needs populations,” said Travis Palmquist, Senior Vice President and General Manager of Senior Care at PointClickCare. “As our customers continue to embrace value-based care and see the success of this model, we are excited to deploy Patient Pattern’s care management platform. Care models will continue to evolve, and this strategic investment is another example of our commitment to helping our customers thrive in this evolving market, specifically, the opportunity to succeed with this shift to risk.”
Since its inception, PointClickCare has invested in innovation across the care continuum to close gaps in healthcare delivery through its rich and expansive insights. PointClickCare and Patient Pattern’s combined offerings provide a mechanism to adopt and succeed in risk-bearing arrangements without having to use multiple fragmented solutions. Through this acquisition, PointClickCare will further enable providers to take a comprehensive approach to frailty, ultimately providing better overall care planning.
“Over the past ten years, we’ve worked hard to integrate a care management philosophy and capabilities directly into our EHR,” said Dr. Steven Buslovich, co-founder and Chief Executive Officer at Patient Pattern. “We’re thrilled to join forces with PointClickCare as we march toward our collective goal of helping clinicians better predict and document risk, close care gaps, and improve patient outcomes. The marriage of an integrated care management platform with population health data will prove to be a major differentiator for us.”
Goodwin Procter LLP served as legal advisor and PricewaterhouseCoopers LLP served as tax and accounting advisor to PointClickCare. Nemphos Braue LLC served as legal advisor to Patient Pattern. Terms of the transaction were not disclosed.
PointClickCare is a leading healthcare technology platform enabling meaningful collaboration and access to real‐time insights at every stage of the patient healthcare journey. More than 27,000 long‐term and post‐acute care providers, over 2,800 hospitals and 2,000 ambulatory clinics, every major U.S. health plan across the U.S, and over 75 state and government agencies use PointClickCare, enabling care collaboration and value‐based care delivery for millions across North America.
FUTURE OF HEALTHCARE, HEALTHCARE ANALYTICS
businesswire | March 23, 2023
WellSky, a leading health and community care technology company, announced a new partnership with VITAS Healthcare, the nation’s leading provider of end-of-life care. VITAS will leverage WellSky technology to streamline its operations, allowing clinicians to focus on high-quality patient care delivery. The two organizations also will collaborate to advance innovations within the WellSky Hospice & Palliative solution and to accelerate VITAS’ efforts to scale into new markets.
For over 40 years, VITAS has been a pioneer in the hospice movement, providing innovative, patient-centered hospice and palliative care across the country. The organization operates 50 hospice programs in 14 states and the District of Columbia, serving over 17,000 patients each day and employing 10,000 care professionals.
Fueled by a drive for innovation, this partnership will support VITAS in its efforts to serve even more patients in need of compassionate, high-quality end-of-life care. This transition to WellSky’s electronic health record (EHR) technology will eliminate the need for paper-based documentation and will help to improve operational efficiency for the organization.
“In selecting a technology partner, it was critical to find an organization that could help enable improved workflow and clinical coordination while streamlining burdensome administrative tasks for our team members,” said Nick Westfall, president and CEO at VITAS. “Achieving this goal will allow our clinicians more time at the bedside fulfilling their mission of delivering the highest quality of care for both our patients and their families. We are thrilled to have found that partner in WellSky and are confident that WellSky’s purpose-built technology will be a critical component in our effort to expand and evolve hospice care.”
The partnership between WellSky and VITAS will allow both organizations to serve a pivotal role in the advancement of hospice and palliative technology to deliver smarter, more connected and more data-driven care to communities in need.
“WellSky is honored to work with the nation’s leading provider of end-of-life care,” said WellSky CEO Bill Miller. “Through a deeply collaborative relationship with VITAS, we will innovate together to propel our leading hospice and palliative software and analytics solutions forward and support VITAS in providing the highest-quality care to patients and families when they need it most.”
The WellSky Hospice & Palliative solution recently was named the top performer in Hospice in the 2023 Best in KLAS Awards.
WellSky is one of America’s largest and most innovative healthcare technology companies leading the movement for intelligent, coordinated care. Our proven software, analytics, and services power better outcomes and lower costs for stakeholders across the health and community care continuum. In today’s value-based care environment, WellSky helps providers, payers, health systems, and community organizations scale processes, improve collaboration for growth, harness the power of data analytics, and achieve better outcomes by further connecting clinical and social care. WellSky serves more than 20,000 client sites — including the largest hospital systems, blood banks, cell therapy labs, home health and hospice franchises, post-acute providers, government agencies, and human services organizations. Informed by more than 40 years of providing software and expertise, WellSky anticipates clients’ needs and innovates relentlessly to build healthy, thriving communities.