- Health Catalyst Inc (NASDAQ: HCAT) — a leading provider of data and analytics technology and services to healthcare organizations — has announced the launch of its Care Management Suite.
Health Catalyst Inc (NASDAQ: HCAT) — a leading provider of data and analytics technology and services to healthcare organizations — has announced the launch of its Care Management Suite. The Care Management Suite is a patient-centric data- and analytics-driven approach to care management. And these tools and processes deliver visibility across the continuum of care for high-risk and at-risk populations, enable the integration of multiple disparate data sources, facilitate more streamlined and patient-centric workflows, improve the quality of patient care, and reduce overall costs.
Health Catalyst’s customers utilize the company’s cloud-based data platform (powered by data from over 100 million patient records and encompassing trillions of facts) as well as its analytics software and professional services expertise to make data-informed decisions and realize measurable clinical, financial and operational improvements. And the Care Management Suite is also built to support the entire clinical care pathway ranging from patient identification to outcomes evaluation. The suite consists of three applications that health systems can use together as an integrated solution or independently: Population Builder: Stratification Module, Population Care Flow, and Population Care Insights.
And as healthcare systems become more integrated the need to coordinate care across different healthcare environments and teams becomes increasingly critical. This level of coordination requires a care management platform with integrated, transparent, and comprehensive information based on claims, EMR data, and clinical data.
“Health systems have long been frustrated with black-box-driven technology,” said Health Catalyst Application Suite Business SVP and General Manager Eric Just. “The frustration stems from not understanding or seeing bias in the algorithms. Our solution provides transparency and the ability to adapt the algorithms, pick the right patients, and demonstrate to clinicians the potential for improved outcomes.”
The Care Management Suite drives operational efficiencies and improvement in patient health outcomes by providing advanced data and AI analytics with supporting care management and population subject matter experts to select the most impactable patients. And it also has algorithm transparency and flexibility to confidently explain, demonstrate, and continuously optimize results. Plus it has financial, operational, and clinical analytics to measure, track, and enable outcomes improvement. It also has expert services to assist with existing program evaluation, capabilities assessment, program design, and population design.
“With increased consolidation and clinically integrated networks, we are seeing a marked increase in the number and type of data sources necessary to understand patients, populations, and outcomes. Analyzing all of that data in the context of care management is complex and should be a foundational rather than ‘add-on’ capability. We are thrilled to offer the only care management solution built from the ground up using a data and analytics strategy to finally deliver real ROI,” added Just.
The Care Management Suite’s flexible capabilities also include unexpected events like the COVID-19 pandemic — which was designed to address constantly changing clinical needs, operational disruptions, and financial distress. And the data and analytics-first approach allow providers to identify at-risk patients and integrate them into COVID-19 specialized care programs. Care managers are able to closely monitor clinical best practices along with quality and operational metrics, adjusting and optimizing resources across COVID-19, and other programs.
