Health Catalyst Launches the Foundational Solution for Population Health
SILICON SLOPES, Utah, June 12, 2019 /PRNewswire/ -- As healthcare costs soar, to help organizations ranging from hospital systems to large employers who are increasingly assuming a greater share of the financial risk for the health of populations, Health Catalyst®, Inc. is launching its Population Health Foundations solution. An important enhancement to the company's existing population health technology, the solution will deliver the insights and comprehensive cross-continuum views that organizations need to succeed with value-based care.
Population Health Foundations' data-and analytics-first approach draws on a wealth of data sources, domain knowledge, and adaptable analytics tools to meet the dual imperatives of high-quality care and cost containment. Built on Health Catalyst's foundational data and analytics platform, and supported by world class healthcare domain experts, Population Health Foundations helps organizations analyze data from multiple sources to create meaningful, actionable views of financial and clinical performance. Flexible enough to start small and evolve with growing organizations, the solution overcomes the limitations of current "black box" population health applications by revealing the "why" of analytic insights, and addressing multiple problems and use cases.
"Entering into risk-bearing contracts is challenging with limited visibility into performance," said Amy Flaster, MD, MBA, Health Catalyst's senior vice president of population health and care management. "Risk-bearing arrangements require intelligent tools to help identify and stratify patient populations, and financial performance analytics to ensure clinical operations aligned with contract targets. Population Health Foundations delivers these capabilities, in a form designed to grow with organizations as they take on risk, and with a knowledgeable, experienced partner to drive optimization of the technology and greater outcome improvements."
Supporting the data-informed healthcare system
As a powerful "starter set" for population health management, Population Health Foundations also gives organizations the ability to integrate and add other Health Catalyst population health tools that support:
"Population health work can seem overwhelming and risky, but the transition to value is an imperative," said Eric Just, Senior Vice President and General Manager of Applications for Health Catalyst. "The challenge of turning raw data into actionable, decision-quality insights can be underestimated. Population Health Foundations dramatically reduces time to quality insight with data integration and the necessary tools for launching a value-based care initiative. It accelerates the push of insights to the edges of the organization. The incorporated services help launch, and complement population health success for payers, providers, and employers."
About Health Catalyst
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SOURCE Health Catalyst