PISCATAWAY, N.J., Nov. 19, 2015 /PRNewswire/ -- HealthEC®, a leading pioneer in population health management (PHM) solutions, today announces that New York State Elite ACO, Inc. has selected to implement the combined HealthEC and LabCorp comprehensive solution suite. The partnership of LabCorp and HealthEC will support the NYS Elite's coordinated care efforts for more than 7,000 Medicare beneficiaries and 149 providers within the Medicare Shared Savings Program (MSSP).
"After trying numerous other solutions for a year and a half, and not making any progress, our physician-led Board of Directors chose HealthEC® because it was evident they excelled in the qualities needed for the MSSP to be truly successful," says Dr. Ruhayna Mukhi, CEO of NYS Elite. "Not only are we looking to improve efficiency, drive better coordinated care, decrease costs and reduce readmissions, our partnership with HealthEC will enable us to benefit from their years of experience in guiding the strategy and implementation of ACOs, as well as allow us to improve in all 33 of the ACO quality measures from CMS."
Through the agreement, HealthEC® and LabCorp will provide a full range of end-to-end PHM solutions and services, including strategic consulting and guidance, data analytics and reporting; care coordination; practice transformation; clinical nursing support to manage population health and chronic patients; and clinical intervention to high-risk patients. With all of these tools in place, HealthEC will deliver the infrastructure, clinical integration and expert guidance needed by NYS Elite and the MSSP. HealthEC will also help NYS Elite to achieve the maximum return from their Medicare Advantage Plan known as Easy Choice Managed Care, which has been expanding rapidly with new members.
"NYS Elite is a leader in advanced care in the New York metro area, and our partnership with them will enable them to improve health outcomes among some of the nation's most progressive provider organizations. Our solutions empower providers and patients to partner and participate in their care, so that patients can become owners of their health and well-being," says Dr. Sanjay Seth, Executive Vice President of HealthEC. "Not only are we providing everything they need to be sustainable and viable in the ACO environment, we will be guiding them through every step, along with integrating all their different information technology (IT) systems from various vendors and creating a true interoperable environment for better coordination of care."
About NYS Elite ACO
NYS Elite Accountable Care Organization was formed in May 2013 by a group of elite and very influential physicians in the New York City metro area. NYS Elite received approval from CMS as an ACO effective January, 2014. Their mission with the creation of New York State Elite (NYSE) Accountable Care Organization (ACO) is to develop population health management that is value-based and cost-efficient, driven by quality metrics and data. They seek to be different, striving to ensure the Medicare Fee-for-Service patient receives cost-effective quality services, with full resolution of healthcare issues. While current healthcare systems enable and even encourage receiving maximum compensation from patients, with patients being sent for various unneeded tests and procedures, New York State Elite (NYSE) Accountable Care Organization (ACO) affirms that a patient receives good care which concentrates on the patient's specific problems, without excess testing or cost inefficiencies.
HealthEC® is a leading provider of knowledge, expertise and technology solutions to the healthcare industry to effectively and efficiently manage its community. Our population health management platform provides the flexibility to integrate all of the critical components of a care plan into a single integrated record. From this longitudinal patient record, our platform facilitates care coordination and analytics for payers, providers and employers. Our experienced on-staff physicians guide healthcare organizations in the development and implementation of successful population health management initiatives and ease the transition to value-based reimbursement, to impact cost and improve quality with clear, measurable outcomes. HealthEC® is headquartered in Piscataway, New Jersey and can be found online at www.HealthEC.com and www.twitter.com/HealthEC_LLC.