Collaboration honored for integrating medical and claims knowledge to enhance care and monetary efficiency
BOSTON, Might 19, 2022 /PRNewswire/ — Arcadia, the main knowledge analytics platform for healthcare and life sciences, has been named a winner of the KLAS 2022 Factors of Mild award for its collaboration with Neighborhood Well being Plan of Washington (CHPW). This annual award acknowledges profitable payer, supplier, and vendor collaborations that scale back price and inefficiency and ship a greater affected person expertise.
KLAS acknowledged Arcadia’s inhabitants well being administration platform, which pulls from a number of digital well being data (EHRs), labs and clinics, social determinants of well being (SDoH) sources and claims knowledge to allow value-based care (VBC). The purpose of Arcadia’s collaboration with CHPW was to enhance member outcomes and supplier monetary efficiency by higher integration of medical and claims knowledge. The Arcadia platform additionally tracked high quality efficiency, carried out threat changes and supported pre-visit planning.
CHPW is a community-governed, not-for-profit well being plan shaped by suppliers to assist coordinate care and advocate for individuals who weren’t being served by conventional insurance coverage corporations. The well being plan operates greater than 100 hospitals and 21 neighborhood well being facilities with almost 200 clinics. CHPW serves greater than 280,000 members throughout the state by Medicaid and Medicare.
After implementing Arcadia’s platform, CHPW stated high quality scores and monetary efficiency improved for suppliers working underneath the well being plan’s risk-based contracts.
“This award is a good honor as a result of it validates the flexibility of our platform to present payers and suppliers a shared, trusted knowledge set for making evidence-based care choices that enhance outcomes and decrease healthcare prices,” stated Sean Carroll, CEO of Arcadia. “We’re pleased with our collaboration with an impressive community-based well being plan equivalent to CHPW, which has used our platform to create a pay-for-performance high quality program that rewards suppliers for addressing care gaps.”
Arcadia can be offered with the KLAS Factors of Mild award in the course of the annual KLAS Payer/Supplier Summit on Might 24 in Salt Lake Metropolis. KLAS honored 14 collaborations this 12 months with a Factors of Mild award. All submissions have been validated utilizing an ordinary set of questions requested throughout in-depth interviews.
KLAS is a worldwide healthcare IT analysis agency devoted to bettering healthcare supply by gathering knowledge and insights on software program, companies, and medical tools. The corporate’s Payer/Supplier Initiative is meant to scale back the friction between payer and supplier organizations by facilitating better belief and alignment on mutual targets. The annual KLAS Factors of Mild awards are given to payers, suppliers, and IT distributors whose shut cooperation led to shared outcomes, mostly within the areas of prior authorization and value-based care.
Arcadia is devoted to happier, more healthy days for all. We remodel knowledge into highly effective insights that ship outcomes. Via our partnerships with the nation’s main well being methods, payers, and life science corporations, we’re rising a neighborhood of innovation to enhance care, maximize worth, and confront rising challenges. For extra data, go to arcadia.io.
Amendola Communications for Arcadia