California-based IHA Manages one of the Nation’s Largest Commercial APM Programs
Atlanta, GA – July 7, 2016 – Wellcentive, a leader in value-based care solutions, today announced its Affiliate Membership status with Integrated Healthcare Association (IHA), an Oakland, CA nonprofit organization which convenes diverse stakeholders committed to high-value and integrated care alternative payment models (APMs) that improve quality and affordability for patients across California and the nation.
Among other significant programs, IHA established and manages the California-based Value Based Pay for Performance (VBP4P) program, one of the nation’s largest performance incentive programs encompassing 10 major health plans and more than nine million covered lives. IHA manages measures alignment, data aggregation, reporting and payment design for more than 200 integrated physician organizations.
“IHA is widely respected for its leadership in managing quality and total cost of care initiatives, and we are highly aligned in our vision and approach toward healthcare’s transformation to value-based care,” said Tom Zajac, CEO of population health at Philips. “Given the commitment Wellcentive has in supporting our customers succeed in managing similar national and regional performance programs, supporting IHA is imperative for us.” Royal Philips announced its acquisition of Wellcentive July 20.
Wellcentive’s solutions aggregate data from disparate sources to normalize data for analysis, risk stratification, care management and direct quality reporting to payers.
Wellcentive’s national customer base includes leading healthcare organizations, health plans, ACOs, physician organizations and employers, delivering care within transformative models such as clinically integrated networks, MSOs, FQHCs, medical homes and community care organizations.
Since 2005, Wellcentive has driven quality improvement, revenue growth and business transformation for providers, health systems, employers and payers transitioning to value-based care. Our highly scalable, cloud-based and value-driven population health management solution provides long-term partnership services to impact clinical, financial and human outcomes. Recognized as a leader in population health management in reports by IDC Health, KLAS and Chilmark, Wellcentive helps our customers provide care management for more than 30 million patients and achieve more than $500 million annually in value-based revenue.