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CareSkore Releases Industry’s First Population Health Management as a ServiceTM

PHMaaSTM Provides 3rd-party Apps Full Access to Complete Suite of Machine-learning Analytics through API

Mountain View, CA – February 9, 2017CareSkore, the leader in end-to-end personalized population health management, announced today the release of its Population Health Management as a ServiceTM (PHMaaSTM), providing direct access to its extensive machine-learning analytics engine to 3rd-party applications through an API.

“PHMaaS completely changes the game for how organizations adopt population health management,” said Jaspinder Grewal, CEO of CareSkore.  “We have too many proprietary application interfaces in health care.  PHMaaS allows us to provide insights within existing applications that are already part of user workflows.  Now patient-specific clinical, financial, and behavioral risk stratification is as simple as making a seamless API call from within your existing EHR and other applications.”

CareSkore’s personalized population health management SaaS platform incorporates advanced real-time analytics and innovative AI-based patient engagement to deliver optimized quality of care.  CareSkore PHMaaS provides existing health care IT systems seamless access to its machine-learning-based, real-time analytics engine, aptly called Zeus, through a simple API call.  Now EHRs, middleware platforms, enterprise data warehouses, clinical information networks, and health information exchanges that are already deployed can provide Zeus with real-time internal clinical and claims data and have Zeus augment that with external intelligence specific to every patient on things like demographics and socio-economic characteristics.  The output is patient-specific predictive analytics with a focus on how providers can quickly operationalize those insights. 

Traditional analytics typically achieve accuracy between 60 and 70%, while CareSkore can deliver greater than 90% accuracy to help create a full view of each patient.  This superior capability is driving rapid growth, with customers increasing 1,000% and headcount rising 12x in 2016.  By the end of 2017, CareSkore expects to be deployed in hundreds of locations.

“CareSkore has dramatically simplified the implementation of advanced patient-specific analytics,” said Rohit Arora, Professor and Chairman of Cardiovascular Medicine, Chicago Medical School.  “Access through and integration with existing EHR and other apps significantly lowers the barriers to adoption and deployment.”

CareSkore will exhibit at HIMSS 17 in Orlando in booth 1623 from February 20-22, 2017. To schedule a demo of the PHMaaS solution, go tohttp://resources.careskore.com/himss-2017.

About CareSkore

CareSkore is the leading provider of personalized population health management, leveraging machine-learning to generate real-time predictive and prescriptive analytics to understand each patient you are managing, what you are managing them for, and how you are/should be managing them.  CareSkore’s AI-enhanced post-discharged engagement reduces risk of patient behaviors that could lead to poorer outcomes.  CareSkore’s end-to-end patient care management platform ensures quality results and maximum revenue with value-based contracts.

February 9, 2017 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

Philips Acquires Wellcentive

AMSTERDAM–(BUSINESS WIRE)–Royal Philips (NYSE: PHG, AEX: PHIA) today announced that it has signed an agreement to acquire Wellcentive, a leading US-based provider of population health management software solutions. Financial details of the transaction will not be disclosed.

In population health management, Philips already offers enterprise telehealth, home monitoring, personal emergency response systems (PERS) and personal health services that address multiple groups within a population from intensive ambulatory care for high-risk patients to prevention and personal health programs for the general population. Wellcentive complements Philips’ portfolio with cloud-based IT solutions to import, aggregate and analyze clinical, claims and financial data across hospital and health systems to help care providers deliver coordinated care that meets new healthcare quality requirements and reimbursement models.

Upon completion of the transaction, which is expected later today, Wellcentive and its employees will become part of the Population Health Management business group within Philips. Tom Zajac, CEO of Wellcentive and an experienced healthcare industry leader, will be appointed to lead this business group.

“With this strategic acquisition, we will strengthen our Population Health Management business and its leadership, as health systems gradually shift from volume to value-based care, and provide more preventative and chronic care services outside of the hospital,” said Jeroen Tas, Philips’ CEO Connected Care & Health Informatics. “Our sweet spot is at the point of care as we give consumers, patients, care teams and clinicians the tools, such as remote monitoring solutions and therapy devices, to optimize care. Wellcentive’s solutions will provide our customers with the ability to collect data from large populations, detect patterns, assess risks and then deploy care programs tailored to the needs of specific groups.”

“Over the past 11 years, the Wellcentive team has focused on delivering data-driven clinical, financial, and human outcomes for our customers as they provide care management for more than 30 million patients,” said Tom Zajac, CEO of Wellcentive. “Combining forces with Philips and its broad portfolio of health technologies and global reach will create a great foundation to accelerate growth in connected care – from healthy living and prevention, to diagnosis, treatment and home care – enabling consumers, providers and health organizations to benefit from our combined, stronger offering in population health management.”

Wellcentive’s applications will be integrated in the Philips HealthSuite cloud, the company’s digital enabler for the next generation of connected health solutions. One example of Philips’ existing care programs for population health management is the Intensive Ambulatory Care (eIAC) program: this combines telehealth technologies and population health management software to help care teams monitor and coach patients at home. It aims to improve patient outcomes, care team efficiency, and prevent patients from entering the hospital, where costs are significantly higher.

Founded in 2005 and headquartered in Atlanta, Georgia, Wellcentive employs approximately 115 employees. The company has a strong customer base in the US.

About Royal Philips
Royal Philips (NYSE: PHG, AEX: PHIA) is a leading health technology company focused on improving people’s health and enabling better outcomes across the health continuum from healthy living and prevention, to diagnosis, treatment and home care. Philips leverages advanced technology and deep clinical and consumer insights to deliver integrated solutions. The company is a leader in diagnostic imaging, image-guided therapy, patient monitoring and health informatics, as well as in consumer health and home care. Headquartered in the Netherlands, Philips’ health technology portfolio generated 2015 sales of EUR 16.8 billion and employs approximately 69,000 employees with sales and services in more than 100 countries. News about Philips can be found at www.philips.com/newscenter.

July 20, 2016 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.