Announcing leadership and excellence in value-based care
HealthEC Announces Beaumont ACO as New Client for Population Health Management Solution
HealthEC, which also serves as PHM provider for Beaumont Health, to provide comprehensive support for ACO’s value-based care initiatives
EDISON, N.J. —Dec. 12, 2018 - HealthEC, a KLAS-recognized end-to-end provider of Population Health Management (PHM) solutions, announced today that physician-led Beaumont Accountable Care Organization (ACO) is the firm’s newest client, joining the growing list of ACOs that use HealthEC’s PHM solutions for value-based care initiatives.
The Southeast Michigan-based ACO was formed in 2010 as a partnership including Beaumont Health, Michigan’s largest healthcare system, local physicians and other community partners to become the leader in clinical integration, care management and payer/purchaser contracts in Michigan. It currently holds 13 payer contracts that cover 115,000 attributed or assigned patients, and has a growing physician membership of approximately 1,100.
"This tool will provide the knowledge and analytics required to assist in improving quality, while reducing unnecessary utilization and the overall cost for the populations we serve," said Walter Lorang, Executive Director at Beaumont ACO.
Among the services HealthEC will provide are optimizing contract negotiations with payers, raising clinical and financial performance by closing gaps in patient care, and developing targeted, personalized care plans and interventions.
"HealthEC is honored to be chosen as the PHM provider for Beaumont ACO and anticipates helping the organization leverage opportunities for improving performance, health outcomes and costs across the ACO," said Arthur Kapoor, Chief Executive Officer at HealthEC. "It is gratifying to know that our success in implementing value-based care solutions at Beaumont Health was a key factor in the ACO’s selection of HealthEC as its PHM provider."
About Beaumont Health
Beaumont Health, with nearly 5,000 physicians and 38,000 employees, is Michigan’s largest healthcare system. Formed in 2014 to provide patients with compassionate, extraordinary care no matter where they live in Southeast Michigan, the health system serves patients at eight hospitals and 187outpatient sites.
HealthEC is a KLAS-recognized end-to-end provider of Population Health Management solutions, helping providers and payers fully realize the benefits of value-based care by translating electronic data (clinical, claims, and community-based) into actionable insights that measurably improve outcomes and reduce costs. HealthEC’s core solution is a flexible, comprehensive platform that aggregates data from disparate sources, utilizes machine learning algorithms and predictive analytics to identify high-risk patients, and generates customized, coordinated care plans to improve quality and mitigate the financial impact of high utilization. HealthEC also offers bespoke advisory and managed services that define and support the strategic roadmap of healthcare leaders as they transition to prioritizing outcomes over volume. To learn more, visit Healthec.com follow us on Twitter, LinkedIn and Facebook, or call 800-444-0278, ext. 1500.