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Thursday, May 9, 2024

Guidehealth Buys Arcadia’s Value-Based Care Service Division

Digital well being platform firm Guidehealth has acquired the managed companies group (MSO) and value-based care service division of knowledge analytics platform firm Arcadia for an undisclosed sum.

Dallas-based Guidehealth additionally entered right into a know-how settlement to leverage Boston-based Arcadia’s knowledge analytics platform—which curates and analyzes a fancy mesh of knowledge sources to enhance care supply and monetary efficiency—to energy its newly acquired providing.

Guidehealth mentioned it helps physicians by strengthening relationships with affiliated networks, enhancing monetary efficiency of value-based threat contracts, enabling progress of high-value referrals, and decreasing administrative burden. The corporate describes its platform as combining just about embedded “Healthguides” and AI native workflows to carry collectively predictive knowledge of a affected person on the proper time to maximise well being outcomes and worth for physicians and sufferers alike.

Guidehealth’s early ustomers embody Endeavor Well being (previously NorthShore – Edward-Elmhurst Well being) and AMITA Well being Care Community.

“Guidehealth, now 200 individuals sturdy, is happy to welcome a crew who’ve persistently achieved Finest in KLAS recognition for the previous 5 years in value-based healthcare companies as a managed companies group,” mentioned founder and CEO Sanjay Doddamani, M.D., in an announcement. “A know-how partnership with Arcadia gives us with entry to confirmed know-how and deep experience in knowledge administration that is smart for us and partnering physicians to leap ahead, decreasing administrative and medical burden to handle threat and, most significantly, to serve sufferers higher.”

Doddamani was previously the CEO of Upstream Well being, which works to embed prescribing pharmacists and coordination nurses into major care practices. Beforehand, he was chief doctor govt at Southwestern Well being Sources in Dallas, a senior advisor to the Heart for Medicare and Medicaid Innovation (CMMI) and a chief medical officer at Geisinger.

“Arcadia is proud to have constructed a legacy of enhancing healthcare organizations’ talents to enhance medical and monetary outcomes,” mentioned Arcadia President and CEO Michael Meucci, in an announcement. “Partnering with Guidehealth will permit us to proceed serving to our clients reach value-based care and inhabitants well being, whereas additionally empowering us to give attention to our core enterprise of offering a number one knowledge platform for healthcare and additional put money into our merchandise that allow extra full and clear resolution making, finally resulting in happier and more healthy days for all.”

Healthcare Innovation just lately interviewed Anna Basevich, senior vice chairman of enterprise partnerships and buyer enablement at Arcadia, concerning the evolution of clinically built-in networks in addition to the corporate’s work on a inhabitants well being platform with the State of California to assist the Cal-AIM Medicaid transformation effort.

“We now have harnessed a strong knowledge analytics platform to handle populations throughout a number of areas, insurers and medical companions to attain higher affected person outcomes and lowered doctor burden,” added Guidehealth Chief Expertise Officer and Co-founder Michael Gleeson, in an announcement. “By partnering with Arcadia, Guidehealth instantly has entry to among the best platforms for value-based care. This basis permits us to give attention to predictive and generative AI, by means of a mixture of Guidehealth’s proprietary fashions and business main AI level options. In consequence, we will handle quite a few ache factors alongside the affected person journey and helps our clients obtain predictable sustained financial savings in value-based care.”

Gleeson is the the previous chief technique and innovation officer at Arcadia.

Key companies that Guidehealth’s newly acquired MSO presently gives embody improved processes for go to entry and referrals, administration of prior authorizations and utilization administration, community administration and paying claims to healthcare suppliers—particularly in two-sided threat preparations.

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https://www.hcinnovationgroup.com/finance-revenue-cycle/mergers-acquisitions/information/53081176/guidehealth-buys-arcadias-value-based-care-service-division

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