Healthcare data platform company Innovaccer has launched ACO Advisor, a new free online tool that uses publicly available data to advise Accountable Care Organizations on how to reduce costs and increase revenues.
“It has been six years since the ACO program was started, but still most of them are leaving money on the table by not assuming enough risks,” Abhinav Shashank, CEO cofounder at...
Aledade, a healthcare technology company launched in 2014 by former National Coordinator for Health IT Farzad Mostashari, MD, has filed a Form D with the Securities and Exchange Commission.
Aledade reported that it has raised $23 million. The total private financing amount was $28 million, according to the document filed with the SEC.
Bethesda, Maryland-based Aledade works with the Medicare...
Aledade is joining forces with UnitedHealthcare, marking its first accountable care program for Medicare Advantage plan members – more than 15,000 of whom could participate in the new initiative.
Aledade – which was founded three years ago this month by former National Coordinator for Health IT Farzad Mostashari, MD – will work with UnitedHealthcare in Arkansas to put technology and clinical best...
Twine Health, which offers software to manage coaching programs for wellness and disease management, has had some pretty robust efficacy data over the years. For instance, a hypertension trial saw a decrease in systolic blood pressure from 26.3 mm Hg to 16.0 mm Hg, and a diabetes trial saw an average 3.2 drop in HbA1C with Twine’s coaching, compared to a 1.0 drop for a control group.
But even...
When the Center for Medicare and Medicaid Services announced its new Comprehensive Primary Care Plus (CPC+) payment model, the announcement was mired by protestations from prominent investor and Venrock partner and former White House policy advisor Dr. Bob Kocher and former National Coordinator for Health IT Dr. Farzad Mostashari, who called out CMS for excluding ACOs from the initiative. On...
The technology being used by accountable care organizations is fairly limited, according to a new survey of 69 ACOs recently conducted by the eHealth Initiative. While 75 percent used EHRs and 62 percent offered a patient portal, only 20 percent used some kind of telemedicine and 30 percent use electronic forms to capture patient data.
"We think this shows technology isn’t really central to...
WellStar Health System, the largest nonprofit integrated delivery system in Georgia, has made a strategic investment in Atlanta-based non-contact patient monitoring company Sensiotec, the monitoring company announced at an event in Atlanta on Wednesday. Although the exact financials of the equity deal were not disclosed, CEO Robert Arkin told MobiHealthNews the amount was in the seven-figure...
Boston's Beth Israel Deaconess Medical Center is gearing up to get data from patients' consumer devices like Fitbit, Jawbone UP, or Withings weight scale into their EHR, according to CIO and emergency room physician Dr. John Halamka. Halamka says a number of factors make now the time for patient-generated data: devices have reached the maturity and ease of use needed to be a part of people's care...
Over the course of the past decade the concept of an accountable care organization (ACO) has come to define a variety of healthcare provider setups that have primary care as a core focus, payments tied to care quality improvements, and an incentive for lower costs. These models have long been held up as ideal contexts for the flourishing of digital health tools. While not all ACO systems are...
Mark Bertolini, CEO, Aetna | Photo Credit: HIMSS 2014 Event Staff
By Jonah Comstock
There may not have been a lot of news from payers (or health insurance companies) at HIMSS 2014 in Orlando, Florida, but their presence was definitely felt. Aetna CEO Mark Bertolini's keynote address laid out the stakes well: healthcare costs are rising markedly, and it's everyone's job to try to keep them down...
