BURLINGTON, Mass.--(BUSINESS WIRE)--Arcadia Healthcare Solutions is a leading electronic health record (“EHR”) data aggregation and analytics technology company with a focus on serving ambulatory networks affiliated with large payer and provider organizations, including health plans, accountable care organizations (“ACOs”), integrated delivery networks (“IDNs”), and large physician groups, among others. Arcadia’s technology and services enable its customers to implement and optimize an EHR platform, as well as acquire, integrate, and report clinical data from the EHR and health insurance claims to transform physician practices based on the insight gained from that data. This suite of solutions empowers ambulatory networks to become data-driven organizations, leading to efficient population health management and success operating within both fee-for-service and value-based care payment models.
The dramatic upheaval in the way healthcare is being delivered has accentuated the need and importance for improved population health management by all stakeholders in the healthcare marketplace. And while the global healthcare analytics market is poised to reach $23.8 Billion by the end of 2020 (Research and Markets), most analytics today are centered on a small subset of patient data sourced from claims data or a single EHR.
"We need to reinvent healthcare in the United States to improve quality, reduce the cost of care and, most importantly, to identify approaches that are applicable in every community," said LuAnn Kimker, Clinical Director, Arcadia Healthcare Solutions. “Care transformation begins and ends with the quality of patient data and Arcadia’s advanced analytics platform brings this data to life with its unparalleled expertise integrating clinical and claims data, enterprise data processing architecture, and meaningful analytics tools built for practical application.”
With this major new release of the Arcadia Analytics platform, healthcare organizations have the ability to identify patterns and opportunities across populations, provide access to hundreds of quality measures, clinical decisions support rules, and patient registries. Through its Medical Expense and Utilization Management Suite providers and health plans can analyze costs for shared risk and incentive based contracts, manage medical expenses and compare utilization metrics across two dozen dimensions, as well as provide risk scores driven by an integrated EHR and claims dataset for much more accurate predictive analysis.
“There is a wealth of patient data within organizations’ EHR systems, but tapping its full potential to improve patient care while reducing costs can be challenging for providers,” said Nick Stepro, Product Director of Analytics, Arcadia Healthcare Solutions. “High-quality data aggregation is a critical foundation of our analytics platform and provides the advanced patient insight needed to identify high-risk and high-cost patients to drive meaningful population health outcomes.”
The platform’s fully dynamic and web-based dashboard also allows users to easily drill down into actionable patient lists, conduct patient-level geocoding with Google Maps for highly focused analysis and outreach activities, better manage leakage and referral patterns and grant access to its new visualization tool. Visuals are powered by D3, leveraging the same library used by the leading visualization experts and data journalists at the New York Times.
“The healthcare analytics market is finally maturing and we are finding that most organizations have completed their first (and sometimes second) round investments in EHR platforms. We’re not looking to interfere with these investments but make them more actionable,” said Sean Carroll, Chief Executive Officer, Arcadia Healthcare Solutions. “Our mission is to aggregate data across all the EHR platforms that are the result of the highly volatile market, ensuring a consistently high-quality data asset, and presenting analyses in an immediately actionable way. Care teams must be empowered to make decisions on patient care at both the micro and macro level. Analytics should power these outcomes — if it’s driving more complexity, the system is not as evolved as it needs to be.”
Arcadia Analytics is supporting the health of over 19 million patients, and the performance and operations of 40,000 providers nationwide. To learn more about the Arcadia Analytics platform, please visit them at their HIMSS15 booth #7834 for a demo or find additional details here: http://www.arcadiasolutions.com/product/analytics/.
About Arcadia Healthcare Solutions
Arcadia Healthcare Solutions is an EHR Data Aggregation and Analytics technology company trusted by provider groups, health plans, and integrated delivery networks nationwide. Arcadians use the proven Arcadia Analytics platform to collect, integrate, and manage EHR and claims data with client care teams and executives to drive rapid and lasting outcomes. With expertise in both fee-for-service optimization and value-based performance environments, Arcadia supports providers with the insights and action to excel in the evolving landscape of American healthcare. Founded in 2002 and focused entirely on healthcare, Arcadia is headquartered outside Boston with offices in Seattle and New York City. For more information, go to www.arcadiasolutions.com.