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CareAbout Health Chooses Innovaccer for Expertise as Value-Based Provider Network Soars
CareAbout is scaling their value-based care growing provider network with the Innovaccer data platform, population health management, and analytics solutions
CareAbout, whose mandate is to improve healthcare by placing value-based care tools in the hands of the physicians, is leveraging Innovaccer’s Best in KLAS data platform, population health management solutions, and analytics to help its providers get actionable insights into quality, performance, and cost metrics; and drive risk stratification for predictive analysis to help them achieve their clinical and financial goals.
Medigy Insights
Partnership Overview:
- CareAbout is scaling its value-based care provider network with Innovaccer's data platform, population health management, and analytics solutions.
CareAbout's Mission:
- CareAbout aims to improve healthcare by providing value-based care tools to physicians.
Innovaccer's Solutions:
- Leveraging Innovaccer's Best in KLAS data platform, population health management, and analytics solutions.
- These tools offer actionable insights into quality, performance, and cost metrics.
- Drive risk stratification for predictive analysis to help providers achieve clinical and financial goals.
Challenges in Value-Based Care:
- Value-based care operational requirements are complex, and CareAbout supports over 1,500 member providers in adapting to them.
Data Platform Requirements:
- CareAbout needed a data platform that could integrate disparate HIT data sources, deploy rapidly, and scale on-demand.
Unified Data Model (UDM):
- Extending Innovaccer's UDM with CareAbout's insights and applying analytics for actionable insights.
Population Health Management:
- Using Innovaccer's Population Health Management solution suite to unify patient data.
- Driving whole-person, equitable, patient-centered care for patients, providers, and payers.
Care Coordination and Analytics:
- An analytics-driven care management system helps track care protocols’ performance and assessments.
- Helps improve productivity and address quality and coding gaps with intelligent point-of-care insights.
Physician Engagement Solution:
- Interoperable, EHR-agnostic solution supporting providers in addressing quality and coding gaps.
Strategic Partnerships:
- As CareAbout forges new partnerships with providers, Innovaccer is expected to help scale and thrive in a value-based environment.
Role of MSOs (Managed Services Organizations):
- MSOs like CareAbout play a crucial role in helping providers apply a population health lens to their practice.
- Focus on improving clinical, financial, operational, and experiential aspects of healthcare.
Shift in Healthcare Landscape:
- With the shift in risk from health plans to providers, functions traditionally managed by health plans are now operated by health systems and providers.
Community-Centric Healthcare:
- The collaboration between CareAbout and Innovaccer aims to ensure the delivery of socially responsible, equitable healthcare in the communities they serve.
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