Innovaccer Introduces First-of-Its-Kind Initiative to Help IPAs and Providers Transition to ACOs
BERKELEY, Calif., May 24, 2017 /PRNewswire/ -- Innovaccer Inc., one of the fastest-growing Silicon Valley-based healthcare analytics companies, has undertaken a new one-of-its-kind 'no cost' initiative to provide assistance to Independent Physician Associations (IPAs) and other transforming provider organizations to transition into an Accountable Care Organization (ACOs).
The concept of value has become prominent in the advancing healthcare. Care teams are creating room for improvement in care delivery to bring down the cost of care with a better quality of care. The complexity and competition associated with value-based reimbursement require IPAs and other provider organizations to remain flexible with strategically transforming healthcare.
Innovaccer will provide a consultation on the complete roadmap encompassing:
- Participation options: ACOs can apply to participate in several Shared Savings Program tracks. As per the present situation and future goals, Innovaccer will help provider organization identify the most suitable option for themselves.
- Eligibility Criteria: Detailed information on all the clauses that are necessary to be fulfilled to become an ACO.
- Health IT backbone: The kind of IT backbone required to help the ACO succeed and the investment required to create such IT infrastructure.
- Delivering and maintaining the quality of care: Value-Based performance analytics required to track all payer contracts by quality and cost measures to identify improvement opportunities and beat benchmarks.
Expense control and Network utilization: Understanding what are the major cost drivers to identify leakages, manage costs in the network across all regions, facilities, and providers and increase network utilization
"We have been working with IPA and ACO customers for a while now and have been delivering increasingly better clinical outcomes for them. We are glad to extend our resources and technical acumen to IPAs and other growing provider organizations to tackle the sharp learning curve to becoming a successful ACO, with every requirement of this transition — right from understanding eligibility criteria and participation options to improving physician communication and quality of care," says Abhinav Shashank, Co-founder and CEO at Innovaccer.
Innovaccer was recently appointed by Mercy ACO, one of the largest value-focused organizations in the Midwest, as the technology partner to deliver value-based care. Innovaccer has also worked with several other major IPAs and ACOs toward improving clinical and financial outcomes, aided by Datashop - Innovaccer's proprietary end-to-end value-based care solution.
All the relevant information about CMS's participation guidelines, eligibility criteria, participation options, and application guidelines can be found on Innovaccer's website. Moreover, IPAs looking for deeper insights can schedule a free session with Innovaccer's ACO expert and learn more about forming a successful ACO.
For more information, visit: http://www.innovaccer.com/accountable-care
Innovaccer will be demonstrating their big data solutions at America's Health Insurance Plans (AHIP) Institute & Expo 2017, to be held in Austin, Texas, from June 7th to June 9th.
About Innovaccer
Innovaccer Inc is a Silicon Valley-headquartered, healthcare analytics company easing care teams' transition to Value-based Reimbursements. Innovaccer's aim is to simplify complex data from all points of care, streamline the information and help organizations make powerful decisions and realize strategic value-based reimbursement goals based on the key insights and predictions from their data. Its proprietary product Datashop enables provider organizations to use data as a source of innovation and has been deployed across 15 countries at academic institutions, governmental organizations, and several corporate enterprises such as Mercy ACO, El Paso HIE, Sonic Healthsystems, Harvard, Stanford, MIT, and Wolters Kluwers.
For more information, please visit innovaccer.com or follow us on Twitter @innovaccer.
Press Contact
Sachin Saxena
Innovaccer Inc
650-479-4891
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