DALLAS, Oct. 3, 2017 /PRNewswire/ -- Mary Washington Health Alliance (MWHA), an Accountable Care Organization anchored by Mary Washington's 550 bed health system in Fredericksburg, VA, has expanded their strategic relationship with Koan Health to provide population health analytics and advisory services to support performance across multiple ACO contracts.
Mary Washington originally partnered with Koan Health in 2012 to provide analytics to their employee health plan populations. At the time, Mary Washington was in the planning stages to launch their initial ACO product in 2015. Travis Turner, SVP of Clinical Integration at Mary Washington, joined in 2013 and has significantly grown the number of covered lives across MWHA's ACO portfolio. The relationship between the two organizations has flourished, with MWHA leveraging Koan's services to gain actionable insights into financial and operational performance across multiple ACO arrangements.
Mr. Turner had this to say about his relationship with Koan, "The Datalyst platform is vital to our success, as is, Koan's commitment to quality and service. The Koan team continue to exceed expectations and we're excited about growing together in the coming years."
Jeff Hayes, Koan Health Co-Founder and Executive Vice President, describes the relationship as a true partnership, "We're honored to support Mary Washington's success," Mr. Hayes said, "and we are excited to continue helping them strengthen the value they deliver in accountable care."
Value-based arrangements are part of an ongoing revolution in health care delivery and financing. Government and private payers seek to improve quality while controlling costs by reimbursing providers based on clinical and financial results—instead of on the number of services they deliver.
"Because of the deep link we create between clinical and financial performance, our predictive analytics are especially useful in value-based care," said DT Nguyen, Chairman and Chief Executive Officer of Koan Health. Mr. Nguyen is the former president of MedAssets (now nThrive), where he led Best in KLAS claims and contract management systems for five consecutive years. In addition to population health, Koan helps organizations improve performance in specific episodes of care through its Datalyst | Episode tool and related services.
About Mary Washington Health Alliance
Mary Washington Health Alliance was formed in 2013 and is the only Medicare Shared Savings Program (MSSP) in the Stafford and Fredericksburg areas. MSSPs are a product of the Affordable Care Act intended to improve the quality of care and overall patient experience all while reducing unnecessary costs for medical providers, hospitals, and patients. We partner with Accountable Care Organizations (ACO), which are groups of health care providers who work with the Medicare program. We manage over 75,000 medical beneficiaries connecting them with high quality medical providers who will provide them with evidence-based care and cost-effective treatments. We partner with community stakeholders such as large employers and Commercial and Governmental Insurers in our efforts to transition medical patients from costly episodic based care to more efficient coordinated care, from reactive care to proactive care, and from transitional care to population health management.
About Koan Health
Koan Health is a health care analytics and consulting firm that helps health care organizations improve performance in value-based relationships. Koan's sophisticated predictive analytics let accountable providers and payers understand their networks, provider performance and costs—and target powerful interventions to improve clinical and financial results. The company's proprietary platform can array and analyze millions of data points instantly to forecast the use of health care services to improve performance in population health and specific episodes of care. Learn more at koanhealth.com.
For additional information:
Jeff Hayes, Co-Founder and Executive Vice President
SOURCE Koan Health