Company to unveil six new products, solution upgrades, and enhancements at HIMSS23 that will help providers accelerate success with value-based, patient-centered, equitable care
The next wave of population health management innovation arrives at HIMSS23 when Innovaccer takes center stage at booth #2216. The company will reveal no less than six groundbreaking new products and solutions, all hyper-focused on helping providers accelerate their success with value-based care or otherwise improve KPIs associated with VBC—such as enhancing care quality and outcomes, strengthening financial and operational performance, and transforming the consumer experience.
"Providers are in an existential race to keep pace with and even pull ahead in the industry's transition to value, while also strengthening their operating and financial fundamentals in an unforgiving macroeconomic environment," said?Abhinav Shashank, cofounder and CEO of Innovaccer. "The past few years have been incredibly hard on providers. They need game-changing innovation that helps them excel at managing risk, restoring patient volume, and reducing costs to get operating margins out of the basement. At Innovaccer, every new offering we'll be showing at HIMSS, as well as over 20 additional new offerings we will introduce this year, is a reflection of those requirements. The time has come to double down on value."
Powered by Innovaccer's?2023 Best in KLAS healthcare data platform,?these pioneering innovations include the industry's first self-serve conversational AI assistant that lets any healthcare professional instantly unlock clinical, financial, and operational insights from their data, simply by text chatting with the AI. Innovaccer will also unwrap other advancements that use AI, ML, and NLP to improve coding accuracy at the point of care; identify and address social needs of the population; predict and prevent unnecessary readmissions; optimize provider networks; boost patient acquisition and retention with VBCRM (value-based CRM), and more.
"Doubling down on value amounts to four things," said?David Nace, MD, chief medical officer at Innovaccer. "Helping providers maximize their success with?population health management?and value-based care. Helping the provider groups that want to become payviders or even payers. Helping health systems become patient-experience-centric, with an eye towards generating value as well as marketing success. And helping specialist groups ensure they can pick up episodic or disease-specific value-based contracts well. This is the future of healthcare, and we're committed to helping our customers and partners accomplish it in 2023 and beyond."
In addition to experiencing Innovaccer's breakthroughs first hand, HIMSS23 attendees can engage with Innovaccer's experts, partners, and legion of superhero customers at booth #2216. Further, several of Innovaccer's customers are leading educational sessions that HIMSS23 attendees can't afford to miss, including:
- Utilizing Transitional Care Management Protocols to Reduce 30-Day Readmissions, featuring?Brandon Burket, MHA, vice president, value-based care and population health; and?Claire Goodwin, MHA, assistant vice president, value-based care and population health at Orlando Health. Set a reminder to attend this intriguing presentation on?Thursday, April 20,?4:00-5:00 p.m. CT, at the McCormick Place Convention Center, South Building, level 4, room S402.
- Accelerating Value-Based Care Transformation With a Unified Data Model, featuring?Jen Brooks, vice president, population health, value-based care, and administrative services organization at Banner Health; and?Brian Silverstein, MD, chief population health officer at Innovaccer. Make plans to attend this compelling session on?Tuesday, April 18, at?10:30-11:30 a.m. CT, at the McCormick Place Convention Center, South Building, level 5, room S501.
Throughout 2022 and into 2023, Innovaccer led the industry by helping its customers and partners unleash the power of data with the Innovaccer platform, the data platform of choice for healthcare providers who want to accelerate their success with population health. The company:
- Announced?that?MSSP ACOs on the Innovaccer platform?generated significantly higher shared savings growth, earnings, and quality scores compared to their peers, according to the 2021 Performance Year Financial and Quality Results data just released by the CMS.
- Added?to date more than 65 logos to its legion of superhero customers across the spectrum of healthcare, including?UpStream Healthcare,?Baptist Health South Florida,?Evergreen Nephrology,?Prisma Health,?Franciscan Health,?Alameda County Health Care Services Agency Public Health Department (ACHCSA PHD),?Adventist HealthCare,?St. Peter's Health, and?Curana Health?in 2022, among others not publicly announced.
- Achieved?the?Best in KLAS for Data & Analytics Platforms?for the second year running; named the #1 platform for population health management by?Black Book?for the second time; scored 96.1* out of 100 in the?2023 Best in KLAS report in the CRM category; recognized in the Gartner? Hype Cycle? for healthcare?providers?and?payers, and in two?Gartner? Digital Health Platform reports; recognized by KLAS as one of the organizations best able to assist with?future VBC needs; ranked among the fastest-growing companies in the?Deloitte Technology Fast 500?; won "Best in Class for New EHR Innovation" at the?4th Annual UCSF | Health Hub: Digital Health Awards; ranked the #1 vendor for Virtual Care Management Solutions Enabling Omnichannel Care by?Chilmark Research; and named as a Top 50 Company in Remote Patient Monitoring in?AVIA Connect's?annual report.
- Commissioned?national healthcare industry studies with leading research organizations on behalf of our customers, including "The State and Science of Digital Maturity at US Healthcare Providers" with Frost & Sullivan, "The State and Science of Value-Based Care" with Morning Consult, and "Healthcare's Data Readiness Crisis: Triage vs. Transformation" with Morning Consult.
- Deployed?solutions across more than 1,600 hospitals and clinics in the US, enabling care delivery transformation for more than 96,000 clinicians, and helping customers unify health records for more than 54 million people to transform care delivery and improve collaboration.
- Developed?transformative solutions with our ISV (independent software vendor) partners, including Mental Health Services with?Wysa, Payment Integrity with?Coverself, Post Acute Care with?Post Acute Analytics, Smart Patient Engagement with?Lana Health, Operating Room Performance in partnership with?DocSpera, and?more.
- Earned?status as a Certified Data Partner for?NCQA's Data Aggregator Validation Program.
- Entered?into the?UK,?UAE, and?US public sector?markets to drive value across the care continuum, accelerate healthcare innovation and transformation, and facilitate more equitable and coordinated care around the globe.
- Expanded?its leadership team with the addition of?TG Ganeshan?as Chief Financial Officer;?Inder Sidhu?as Chief Customer Officer;?Satyajit Menon?as Chief of Staff;?Gary Druckenmiller Jr.?as General Manager of Enterprise VBCRM;?Amy Dirks Stevens?as General Manager, Provider Performance and Value-Driven Transformation; and?John Bastin?as General Manager, Government Segment; and?Scott Howell, M.D., as the newest member of Innovaccer's Strategic Advisory Board.
- Generated?more than?$1 billion?in cumulative cost savings for customers across value-based and commercial lines of business since entering the market in 2016, including MSSP ACOs, Next Generation ACOs, Global and Professional Direct Contracting (GPDC) ACOs, commercial ACOs, and pure Medicare contracts.
- Helped?payers, providers, and life sciences customers accelerate their success and digital transformation, including helping?CHESS Health Solutions?reduce its readmission rate by 23% and generate over?$3 million?in value;?MercyOne PHSO?realize a 7.14% reduction in readmissions and a 14.26% increase in primary provider services.
- Introduced?Innovaccer University's?certification program, certifying 31 customer sites to date, with 601 certifications issued to customers, confirming them as certified experts on the Innovaccer platform.
- Joined?the?CARIN Alliance, a multisector collaborative working to rapidly advance the consumer-directed exchange of health information to improve the interoperability of healthcare data.
- Shipped?an array of new solutions for providers, payers, and life sciences companies, including the?Innovaccer Experience Center, the first solution to transform the contact center into an integrated, data-driven, consumer experience center;?Consumer Journey?to help providers build one-to-one patient experiences,?Health Equity?to address the impact of social determinants on patient health;?Referral Management?to automate referral processes across the network;?Data Integration and Normalization?to enable a fast and cost-effective way to clean and integrate healthcare data, Bidirectional EHR Interoperability for two major EHRs (with more coming!) to ensure real-time information exchange between EHRs and other systems;?ACO REACH Solution Kit?to help accountable care organizations succeed in CMS's new?ACO REACH?model;?ACO Compare 4.0?to help providers track performance, trends, and identify opportunities to improve savings, care quality, and utilization; and the?Digital Maturity Assessment Tool for Providers, a healthcare-specific automated assessment to assess provider's digital maturity and identify areas of improvement.
Visit HIMSS23 booth #2216 and see how Innovaccer's industry-leading healthcare data platform can help you accelerate your transformation across an expansive array of use cases, including value-based care, digital health, value-based customer relationship management, clinical data integration, and more. For more information, visit?HIMSS23 booth?#2216?or visit?innovaccer.com.
