SALT
LAKE CITY, Feb. 27, 2024 /PRNewswire/ -- Today,
Health Catalyst announced the winner of the 2024 Flywheel Award.
The award recognizes healthcare organizations that have showcased
outstanding results in measurable, impactful improvements. The
announcement took place at the annual Healthcare Analytics Summit
(HAS), the premier event showcasing data and analytics' critical
role in tackling some of healthcare's most significant
challenges.
UnityPoint Health Earns the 2024 Flywheel Award
The Flywheel Award is a lifetime achievement recognition that
celebrates the remarkable distinction of an organization in
healthcare transformation. This award acknowledges the consistent
utilization of data and analytics to achieve massive, measurable
improvements across the organization.
UnityPoint Health, an integrated health system that serves more
than 2.7 million individuals throughout Iowa and western Illinois, received acclaim for its exceptional
enhancements in healthcare, positively impacting the lives of the
individuals and populations it serves.
UnityPoint Health has confirmed more than $100 million in savings and revenue enhancements,
including:
- $41M in cost savings achieved
over two years by decreasing length of stay (LOS).
- $32M reduction in healthcare
spending in one year, the result of AI-enabled care management
improvements.
- 39 percent relative reduction in emergency department visits
and a 54 percent relative reduction in inpatient admissions.
- $31M in average annual shared
savings since 2012.
- $17.4M reduction in direct costs
over six years, the result of decreasing unnecessary red blood cell
transfusions.
- 15x benefits to cost ratio over the last seven years.
"UnityPoint Health is a world-class organization with leaders
who have demonstrated their deep commitment to data-driven
healthcare transformation," said Dan
Burton, CEO of Health Catalyst. "We're grateful they have
entrusted Health Catalyst to support their exemplary improvement
efforts and look forward to seeing the future outcomes they drive
for the communities they serve."
About Health Catalyst
Health Catalyst is a leading provider of data and analytics
technology and services to healthcare organizations committed to
being the catalyst for massive, measurable, data-informed
healthcare improvement. Its customers leverage the cloud-based data
platform—powered by data from more than 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. Health Catalyst envisions a future in
which all healthcare decisions are data informed.
Media Contact:
Amanda Hundt
Vice President, Corporate Communications
amanda.hundt@healthcatalyst.com
575-491-0974
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SOURCE Health Catalyst