Transcend Insights Announces Analytics-as-a-Service for Population Health Management Solutions
16 February 2017 - 1:27PM
Business Wire
Cloud-based technology offers health systems a
faster and more cost-effective option for deploying population
health analytics; Transcend Insights to debut new offering and care
management prototype at HIMSS17 within its HealthLogix platform
Transcend Insights®, a health care technology company offering
population health management solutions via its HealthLogix®
platform, today announced the launch of its next-generation
enterprise Analytics-as-a-Service (AaaS) offering. This service is
powered by the proven Anvita Engine™, which is optimized for the
cloud and available to clients through a flexible, AaaS model. The
AaaS offering provides health system executives and care teams a
more flexible and cost-efficient way to deploy advanced analytics
tools for managing risk and quality performance as part of a
population health strategy.
In addition, the Anvita Engine features the use of a Fast
Healthcare Interoperability Resources (FHIR) application
programming interface (API). The FHIR-based interface enables
clients to rapidly deploy custom population health management
solutions and measurement capabilities extending from the Anvita
Engine and in accordance with their unique needs and quality
objectives.
Industry studies have found that many care teams feel unprepared
for the transition to value-based care. A recent survey of provider
organizations conducted by the Healthcare Information and
Management Systems Society (HIMSS) showed that only three percent
of respondents believe their organization is highly prepared to
make the pay-for-value transition. In addition, research from the
Healthcare Financial Management Association (HFMA) found that
nearly 40 percent of survey respondents did not believe that their
organizations currently possess capabilities rated as extremely
important to succeed in risk-based value arrangements, such as
interoperability, business intelligence and real-time data
access.
“As more health care organizations move towards value-based
care, having the technology solutions needed to execute is a common
pain point, not to mention the time and cost required for
implementation,” said Jeff Hawkins, Vice President of Strategic
Alliances and Enterprise Solutions at Transcend Insights. “The
Anvita Engine’s new flexible AaaS model speeds deployment while
leveraging a cost-efficient cloud infrastructure to solve for these
challenges and to help organizations accelerate their time to value
when implementing a population health strategy.”
Transcend Insights’ Anvita Engine, in addition to its enterprise
health information exchange (HIE), data warehouse and FHIR API, are
at the core of its plug-and-play platform, HealthLogix. Living
above the silos that keep people and information apart, the
company’s technology platform connects care teams with the people
they serve for better care and healthier lives. Transcend Insights
will be showcasing its new AaaS model and care management prototype
within its HealthLogix platform and unified solution suite at the
HIMSS17 Annual Conference and Exhibition in Orlando, Florida (booth
#5549).
Care Management Application
Transcend Insights’ Care Management application will help health
care organizations better coordinate and execute care plans for
patients across an extended care team – including non-medical
caregivers such as family members. The solution will also empower
care managers to report on and address social factors that could
influence a patient’s health outcome (such as access to
transportation), all of which is captured in a single, common
patient history to guide patient care coordination.
“With the acceleration of value-based care programs (including
accountable care organizations), addressing breakdowns in
information sharing and improving care plan adherence –
particularly for patients with chronic conditions – is more
critical than ever,” said Dr. Thomas J. Van Gilder, MD, JD, MPH,
Chief Medical Officer and Vice President of Informatics and
Analytics at Transcend Insights. “Seventy percent of medical errors
are due to communication failures between providers, and 68
percent of specialists receive no information from referring
primary care providers. Our Care Management solution will help
solve this by coordinating across care plans and various members of
the care team.”
Intersection of Innovation
At HIMSS17, Transcend Insights will also highlight its partner
and customer ecosystem, the “Intersection of Innovation,” to
demonstrate how its HealthLogix platform and population health
management solutions support the end-to-end spectrum of health care
delivery:
- Pharmacy: Humana Pharmacy Solutions®
- Humana Pharmacy Solutions partnered
with Transcend Insights to help build an analytics engine called
IntelligentRx to provide real-time clinical decision support for
prescription drug benefits. When Humana members fill their
prescription at the pharmacy, IntelligentRx performs analytics in
real-time, identifying possible drug safety issues, suggesting
cost-effective alternatives based on plan benefits, or overriding
unnecessary prior authorizations.
- Payor: Humana Inc.
- Humana has transformed how it manages
its member population with the integration of advanced analytics
powered by the Anvita Engine and Transcend Insights’ HealthLogix
HIE into the core functionality of its CareHub clinical ecosystem.
Transcend Insights’ technology gathers medical record data from
connected physicians and provides Humana with daily, evidence-based
and actionable insights for its 14.2 million members; allowing
Humana to improve health outcomes by identifying gaps in care,
increasing targeted outreach, improving drug safety and maximizing
Medicare and Medicaid compliance.
- Management Services Organization (MSO):
Transcend MSO
- By leveraging Transcend Insights’
HealthLogix platform, Transcend MSO will be able to coordinate
their data and operations around a single platform, while supplying
their clinician networks with powerful analytic insights and
actionable steps to improve value-based care. Ultimately, Transcend
MSO will have access to population-level views into critical
clinician metrics around utilization, risk, quality and more.
- Health System: Hardin Memorial Health
- In just one year of partnership with
Transcend Insights, Hardin Memorial has been able to realize the
core elements of a robust population health program: the
integration of data from numerous Electronic Health Records,
Continuity of Care Documents and claims sources, and the
realization of both patient- and population-level views into
system-wide health outcomes.
“We are looking forward to showcasing our platform and
population health management solutions at HIMSS17 in Orlando,” said
Kristin Russel, Vice President of Marketing and Product Strategy at
Transcend Insights. “We are delivering on our vision to empower
lifelong well-being with The Platform Above through advanced
analytics, interoperable technology and ongoing innovations that
provide value to clients across the continuum of care. By providing
a faster, more efficient solution for deploying health care
analytics, a care management application that will help health care
organizations better coordinate care and a platform that allows for
growth and innovation, we will enable better care and healthier
lives.”
For more information about Transcend Insights’ new offerings,
its HealthLogix platform and unified solution suite, please visit
Transcend Insights at HIMSS17 (booth #5549).
About Transcend Insights
Transcend Insights® is a population health management company
that is empowering lifelong well-being with The Platform Above. Our
HealthLogix® technology platform and unified solution suite lives
above the silos that keep people and information apart. By
connecting the health care ecosystem with a plug-and-play platform,
data-inclusive health information exchange and advanced analytics,
we are helping health system executives, care teams and individuals
achieve a more coordinated and proactive approach to care. In 2015,
our enterprise analytics helped our partners identify over 58.4
million opportunities for care improvement and close more than 5.4
million gaps in care. By providing solutions and insights that
connect care teams with the people they serve, we are enabling
successful population health management for better care and
healthier lives.
Transcend Insights is a wholly owned subsidiary of Humana Inc.
(NYSE: HUM) and is located in San Diego and Campbell, Calif., in
the heart of Silicon Valley. For more information, please
visit www.transcendinsights.com, @Transcend_Care, and
LinkedIn.
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Transcend Insights (Public Relations)Lena Mercer,
858-401-8519lmercer@transcendinsights.com