PISCATAWAY, N.J., July 14, 2015 /PRNewswire/ -- HealthEC®, a leading pioneer in population health management solutions, has announced today that it was selected by Princeton Physicians' Organization (Princeton PO) to execute its integrated Population Health Management strategy. HealthEC® was also engaged to provide Princeton PO with an infrastructure solution to establish an Electronic Data Warehouse (EDW) to enhance their efforts to be more clinically and financially integrated.
Over the past six years, the Princeton PO has become and maintained being clinically integrated. As part of their overall improvement processes, they continually investigated and evaluated methods they could use to increase the degree of their integration. As a result of those efforts, their journey led them to discover HealthEC® as a viable solution vendor who could develop their health information exchange (HIE). The goals of the HIE are to enable over 220 of their offices to communicate on clinical matters, as well as provide an enterprise-wide information system to aggregate and provide access to comprehensive medical care plans for all of the Princeton PO members' patients. In turn, this will enable all providers in their clinically integrated network to have a complete picture of each patient's overall health status.
Princeton PO also decided to partner with HealthEC® to assist them on another major initiative: developing their strategy and guiding them through becoming a participant in the Medicare Shared Savings Program (MSSP). Key to this initiative is aggregating all of the data collected from various sources: the insurer, EMR, labs and other providers. Once collected, the data is employed to optimize utilization of resources and achieve the "Triple Aim" of improving both quality of care and patient outcomes, while lowering the overall cost of care.
According to Keyran Reynoso, CEO of Princeton PO: "With a proven track record of managing the data of over 17 million patients, across 8,000 practices, with 12,800 physicians and processing more than 46 million claims per year, HealthEC® is the perfect partner for us. In moving forward with HealthEC, we bolster our position with all the participants in our healthcare delivery ecosystem and leave no doubts as to the validity and capabilities of our clinically integrated network. Through our partnership, we have found an affordable solution whose staff has decades of unequaled experience in the strategic development, implementation, training and consultation necessary to successfully enable our organization to adopt a robust population health management solution."
Arthur Kapoor, Chairman of HealthEC®, states: "Princeton PO was seeking a partner with a high level of experience in developing and managing ACOs. Since HealthEC® already had several major ACO clients on board, Princeton PO felt confident in their decision to consider our solution. When they reviewed our population health management services against what other vendors could provide, they made the decision to select us as their solution vendor and strategic partner. We look forward to seeing Princeton PO through on their journey to becoming a fully interoperable care provider."
About Princeton Physicians' Organization
The University Medical Center of Princeton Physicians' Organization came together in 1994 to adapt to the changes taking place in the overall healthcare system at that time, and has since evolved into a successful organization with over 600 premier physicians. Our organization takes a proactive stance on how we should run our practices, treat our patients, and be compensated for our services. Since our inception, the organization has obtained clinical integration and equitable contracts with all the major insurers. Our membership prides itself on consistently delivering compassionate, efficient, cost-effective, and high-quality healthcare services to our patients, under the oversight and direction of our member-elected physician trustees, the leadership and stewardship of our exceptional executive management team and the operational excellence of our highly dedicated staff. Learn more at: www.princetonpo.com.
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 http://www.healthec.com/ and www.twitter.com/HealthEC_LLC.
Keyran Reynoso, MHA
Executive Director & CEO
+1 (732) 851-7055
Director of Marketing
+1 (732) 652-1525