On Friday, October 10, at the Health Insights Fall 2014 Conference–a gathering of C-suite executives from many of the nation’s major health systems and the companies that support the industry–Wellcentive Co-founder and Senior Vice President of Solutions Mason Beard will discuss the realities of implementing value-based reimbursement in a session titled “Aligning Executive, Physician and Staff Compensation with Population Health Goals.”
Beard, along with David Bjork, senior vice president and senior advisor, and William F. Jessee, M.D., FACMPE, chief medical officer and senior advisor — both of INTEGRATED Healthcare Strategies — will address questions such as:
Population health management solution is physician organization’s strategic foundation for improving care and managing risk
ATLANTA, GA — United Physicians, Inc., one of the largest independent physician organizations in Michigan, today announced the expansion of its partnership with Wellcentive to empower its physicians to successfully participate in quality programs and risk-based contracts. Under the new agreement, United Physicians will roll out Wellcentive’s suite of solutions and services across its full population of patients. The organization will also add Wellcentive’s solution for risk management to its existing Wellcentive platform and enlist the company’s services for managing data quality.
United Physicians is expanding its rollout of Wellcentive’s population health management solution as the linchpin in its long-term strategic plan for managing risk across the care continuum. The IPO currently participates in several incentive programs with contracted health plans, including Blue Cross Blue Shield of Michigan’s Physician Group Incentive Program (PGIP). To unify its quality improvement activities, the organization has identified 65 quality measures on which to focus. Wellcentive’s solution will enable individual physicians to improve their performance on these measures, and allow the overall organization to track and manage quality programs.
“One of our priorities as an organization is to prepare our member practices for the future and help position them to take advantage of performance programs,” said John Vismara, United Physicians’ senior vice president of Information Services. “This is more critical now than ever, because we expect that a significant percentage of our population will be covered under risk-based contracts in the next two years. For our organization to thrive and prosper, we have to prepare our practices for that today. Wellcentive is the solution that will enable us to succeed in programs with both upside and downside risk.”
Enterprise solution will deliver year-round consulting, analytics and support for the new value-based payment modifier system
ATLANTA, Georgia — Wellcentive, the pioneer and leader in pay-for-performance and quality reporting for the Physician Quality Reporting System (PQRS), announced today that Beaumont Medical Group (BMG) has implemented its PQRS Enterprise Solution for improving clinical and financial outcomes. The solution will enable the medical group to satisfy the requirements of the Centers for Medicare and Medicaid Services’ group practice reporting option (GPRO) and earn positive payment adjustments under CMS’ value-based payment program.
The Beaumont Medical Group, consisting of employed physicians of Beaumont Health System, is based in Royal Oak, Michigan, with more than 553 primary care physicians, specialists and hospitalists. BMG will use the Wellcentive solution not only to automate reporting but also to proactively track performance on quality measures throughout the year. In addition, a dedicated Wellcentive PQRS consultant will help the medical group navigate recent PQRS program changes and ensure the success of its quality program year round.
“By adopting an enterprise, full-service approach to PQRS reporting, Beaumont is preparing itself well for the future of federally-mandated outcomes reporting,” said Tom Zajac, Wellcentive’s CEO. “The government is ramping up its value-based reimbursement efforts, and providers can no longer afford to limit themselves to barebones quality reporting. Success will require a proactive approach to analyzing data, defining the best opportunities for improving both quality and revenue and tracking outcomes. This is exactly the model Beaumont is implementing and will be the standard for any large medical group.”
On Tuesday, September 23, at the Health 2.0 8th Fall Conference, the eighth annual event that promotes, showcases and catalyzes new technologies in the health care industry, Wellcentive will demonstrate its population health management (PHM) solution in a session titled “Big Data Analytics for Population Health.” The session features technology demos from Wellcentive and other providers of platform solutions for improving population health outcomes.
Gabe Orthous, a PHM and healthcare analytics expert and Senior Solutions Consultant to Wellcentive, will demonstrate the company’s primary functions for aggregating and normalizing data from multiple clinical and administrative systems and turning that into actionable information for proactive care management. Specifically, he will present:
- Population health management dashboarding and visual intelligence solution
- Longitudinal patient record and care management workflows
- Robust stratification of high-risk patient populations that require care management continuity
Wellcentive recognized for flexible, all-in-one solution and strong market vision
ATLANTA, Georgia – Wellcentive, the industry leader in end-to-end population health management (PHM) for healthcare organizations, is one of only two vendors cited as a “standout” in both product and market categories in Chilmark Research’s 2014 Analytics for Population Health Management Market Trends Report. This report marks the fourth time in the past year that an independent analyst assessment has recognized the strength of Wellcentive’s solution for population health management (PHM).
The report assessed 19 vendors along two categories: product capabilities and ability to execute in the market. Wellcentive’s high rating in the product category defined strength in aggregating data, delivering population insights, and enabling providers to act on these insights through PHM workflow and patient engagement tools. The company’s high rating in the market category reflects its ability to align its market vision with market needs.
“We are extremely honored, and pleased that the strength of our solution and our insight into the market has been recognized by another top analyst firm,” said Tom Zajac, Wellcentive’s CEO. “Health reform, incentive-based quality programs and rising rates of chronic care conditions are creating a pressing demand for population health management solutions today. Many vendors are flocking to this need, but our nine years of PHM experience and continued focus on innovation and insight drives our ability to deliver value to our customers, helping healthcare organizations improve the health, quality and cost of care for their patients.”
Pioneer in PQRS reporting introduces new multi-facility health system subscription
ATLANTA, Georgia — Wellcentive, the pioneer and leader in pay-for-performance and quality reporting for the Physician Quality Reporting System (PQRS), announced today its PQRS application is now available, one of the earliest full-service enterprise reporting solutions released to market this year. The solution is updated and fully compliant with the 2014 federal government registry guidelines including support for eligible physicians who wish to participate in the group practice reporting option (GPRO) and register by the September 30th deadline.
PQRS is a quality reporting program established by the Centers for Medicare & Medicaid Services (CMS) in which healthcare organizations, physicians, practitioners, therapists and other eligible professionals are responsible to report data on specific quality measures. CMS initially defined a combination of incentive payments and penalties to promote compliance and to drive improvement in patient care.
In 2014, three significant PQRS program changes occurred. First, this will be the final year for the incentive component of the program; incentive based payments to providers will be phased out for 2015. Second, PQRS penalties, which began in 2013, will increase to 2 percent of revenues and will be fully phased in for 2015. Third, the new value-based payment modifier will be implemented in which large group practices are subject to an additional 2 percent penalty or up to a 2 percent incentive.
Wellcentive Ranks No. 124 in healthcare and No. 55 in Georgia
ATLANTA, Georgia — Wellcentive, the industry forerunner in end-to-end population health management (PHM) for healthcare organizations, announced today that it has been named to the 2014 Inc. 500|5000 list, an exclusive annual ranking of the fastest growing private companies in America. This prestigious list has become the hallmark of entrepreneurial success recognizing innovation, leadership and revenue growth.
Ranked 1,624 nationally, the Alpharetta, Georgia-based company reported a three-year revenue growth of 262 percent from 2010 to 2013 and more than doubling its staff, adding 57 new jobs. This substantial growth garnered Wellcentive the 124th place ranking in healthcare and 55th place ranking in Georgia. For more information about Wellcentive’s ranking on the 2014 Inc. 500|5000 list, visit http://www.inc.com/profile/wellcentive.
The dramatic shifts brought on by health reform, incentive-based quality programs, and the rising rates of chronic care conditions and costs drove rapid adoption of Wellcentive’s PHM solutions. Wellcentive enables healthcare organizations – health systems, physicians, accountable care organizations, health information exchanges, employer groups and payers – to drive improved financial, clinical, and human outcomes, by aggregating data across the continuum of care, applying analytics to identify and risk-stratify patients, and delivering action based workflow to proactively manage patient health and aggressively forecast and manage outcomes and costs for populations.
Pacific Northwest-based independent pediatricians group blazes new trail managing children’s health community-wide
ATLANTA — Wellcentive, the industry forerunner in end-to-end population health management (PHM) for healthcare organizations, proudly congratulates the Children’s Health Alliance (CHA) on being presented Health Data Management’s top honor for the Analytics All Stars Award for Population Health Project of the Year. The magazine’s inaugural recognition program showcases those organizations and individuals providing pioneering leadership, spurring innovation and driving improvement in the specialty area of healthcare data analytics from the calendar year 2013.
The Population Health Project of the Year Award recognizes CHA for using technology to address the broader scope of population health management (PHM). CHA is a not-for-profit association of 105 independent primary care pediatricians serving five counties in the Portland and Salem, Oregon, and Vancouver, Washington metropolitan areas.
“What set Children’s Health Alliance apart in the eyes of the judges was the extraordinary efforts made to tackle population health in a pediatric environment, which is a new frontier in PHM and analytics that few organizations have tried to tackle because of the enormous amount of effort it takes to customize the analytics technology and clinical protocols to address the unique needs of children,” said Greg Gillespie, editor-in-chief at Health Data Management. “This is true population health management: an effort that not only creates a technological safety net, but also builds links to other caregivers, families and the community.”
Pediatric-focused population health management solution’s unprecedented view of individual patients drives higher standard of care
ATLANTA–The Children’s Health Alliance, a not-for-profit association of clinically integrated, independent primary care pediatricians, has selected Wellcentive’s suite of population health management solutions and services to support its clinical quality improvement and high-function medical home programs caring for pediatric patients with complex medical conditions.
The implementation of the Wellcentive solution, which will be extended to The Alliance’s more than 100 pediatricians across five counties in the Portland and Salem, Oregon, and Vancouver, Washington metropolitan areas, will provide an unprecedented view into a broader range of data affecting the health of their patients. Wellcentive will aggregate clinical data from specialists and other outside providers and services as well as information from claims through payers, helping pediatricians to proactively engage with their patients and coordinate continuity of care more effectively.
Former CFO of Vocalocity and The Weather Channel brings high growth technology and media expertise to population health management leader
Atlanta, Ga.– Wellcentive, the industry leader in end-to-end population health management (PHM) and transformative data analytics for healthcare organizations, announced today that Patrick Clark, a senior executive with a proven track record of building and leading high-performing organizations, has joined as its Chief Financial Officer. Clark will oversee the company’s financial, administrative, business planning, human resources and legal functions.
“Over the past year Wellcentive has undergone rapid customer, product and business growth, and we are thrilled to have Pat join our team supporting the continued acceleration of our execution, scale and innovation,” said Tom Zajac, Wellcentive’s CEO. “Pat’s strategic and financial acumen and building of exceptionally successful media and technology businesses comes at a pivotal time in our company’s history. We look forward to leveraging his vast experience as we rapidly build value for our customers and investors.”