ATLANTA, Aug. 3, 2015 /PRNewswire/ -- Wellcentive, the leader in population health management and value-based care solutions, announced that it has signed a five-year agreement to deliver products, services and expanded care management capabilities for the Delaware Valley Accountable Care Organization (DVACO)--one of the largest Medicare Shared Savings Program ACOs in the U.S. Wellcentive will support DVACO's mission to improve the health of its populations and streamline their transition to value-based reimbursement models.
DVACO is a consortium founded and owned by five innovative Philadelphia-area health systems--Thomas Jefferson University Health System, Main Line Health®, Doylestown Health, Holy Redeemer Health System and Magee Rehabilitation Hospital--that recognized the need for collaboration to transform care delivery and adopt value-based reimbursement. The ACO currently covers around 65,000 Medicare beneficiaries, and is expected to grow significantly in the coming years. In addition to its Medicare Shared Savings Program contract, the ACO is preparing to extend its value-based approach to other payers and purchasers.
"We are looking forward to partnering with Wellcentive as DVACO continues to make significant progress in this complex transition to value-based care," said Katherine Schneider, M.D., M.Phil., FAAFP, president and CEO at Delaware Valley ACO. "As our organization continues to grow and evolve, our ability to implement data driven processes to actively manage our populations and control costs is absolutely critical. Wellcentive demonstrated advanced capabilities to help guide our quality initiatives and patient outcomes, ultimately supporting the health of our patient populations and the success of DVACO as we position ourselves during this transformative time for the industry."
In addition to the capabilities of Wellcentive's solution, DVACO cited the company's 10 years of exclusive focus on population health in the provider setting and strong commitment to innovatively partnering with its customers as key factors in its selection.
"DVACO's mission and success in convening providers to accelerate and facilitate a transition to value-based, population health-focused approach to business offers model for the industry," said Tom Zajac, Wellcentive's CEO. "Wellcentive and DVACO are driven by the same vision--enhancing the care of populations, improving the quality of that care, and reducing overall cost. We are excited to partner with them to bring their vision to reality and deliver value for the Philadelphia region."
DVACO required a comprehensive, unified solution to support its advanced approach to care management, quality programs, population outreach, and risk management. The partnership with Wellcentive will provide:
- Data aggregation across its partners and entities, including disparate EMR, clinical and claims systems, enhanced by facilitated data quality services to ensure accurate, complete, and reliable data for driving improvement.
- Analytic and workflow solutions for tracking, reporting and improving performance on a broad spectrum of clinical quality measures—including measures for Shared Savings and commercial payer programs.
- Expanded care management and population outreach capabilities, including a flexible framework for community and individual care plans that can adapt to the evolving requirements of value-based care.
About Delaware Valley ACO
The Delaware Valley Accountable Care Organization (DVACO) is a limited liability company that is owned by Main Line Health, Jefferson University and Hospitals, Holy Redeemer Health System, Doylestown Health, and Magee Rehabilitation Hospital. DVACO's purpose is to enhance the quality of health care and reduce the growth rate of health care costs by acting as a convener, accelerator, and provider of the foundation needed to assist its participating members to transition from fee for service model, a business model focused on volume to a model focused on population health. DVACO operates under the Medicare Shared Savings Program (MSSP) and is currently the region's largest Medicare ACO with more than 430 primary care physicians and over 65,000 Medicare fee-for-service beneficiaries. For more information please visit www.dvaco.org.
Since 2005, Wellcentive has driven quality improvement, revenue growth, and business transformation for providers, health systems, employers, and payers transitioning to value-based care. Recognized as an industry leader for delivering immediate, tangible results, Wellcentive's analytics simplify complex data from all points of care, advancing comprehensive care management and payer collaboration. Customers benefit from intelligence gained from 15 billion data points each year, improving outcomes for 30 million patients and generating more than $500 million annually in value-based revenue. Visit www.wellcentive.com; follow us on Twitter, LinkedIn and Facebook; or call 877-213-8456 to learn more.
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