NantHealth Unveils Population Health Management Tools to Help Payers and Providers Deliver on Value-Based Care Initiatives
01 April 2021 - 12:00AM
Business Wire
NantHealth’s unified platform integrates
multiple data sources so that payers and providers can proactively
engage with patients and increase the quality of care, while
reducing costs
NantHealth, Inc. (NASDAQ: NH), today announced a new population
health management product that pulls together disparate data to
provide a full 360-degree picture of the patient while enabling
better workflow between providers, payers, hospitals/healthcare
networks and patients in one platform. This new product reduces
avoidable costs and increases patient and provider
satisfaction.
NantHealth is a provider of enterprise solutions that help
businesses transform complex data into actionable insights and has
added a population health management solution to meet critical
needs of value-based care initiatives.
According to data from the American Hospital Association (AHA),
62% of payers and 43% of providers say they are participating in
alternative payment models linked to quality. A population health
management solution, like the one NantHealth is introducing, helps
achieve that goal. It places the long-term needs of individual
patients first, requiring historical healthcare data and advanced
analytics to help physicians identify trends, deliver better care,
and manage outcomes.
“Value-based care holds great opportunities in improving patient
outcomes while mitigating unnecessary healthcare costs, yet there
are still widespread challenges to its implementation,” said Ron
Louks, Chief Operating Officer at NantHealth. “The right tools and
technologies can enable payers and providers to realize more
efficient ways of working together and overcoming workflow
challenges. The latest NantHealth population health management
tools aim to solve this problem while removing some of the key
barriers from legacy solutions that can stand in the way of
evaluating data holistically to deliver the best patient care.”
NantHealth’s new population health management tools help payers
and their providers unlock meaningful data at the point of care
to:
- Increase provider transparency The “at-a-glance” user
interface helps payer and provider care management teams take
advantage of and inject actionable insights into their existing
workflow without having to juggle separate portals or screens.
Increasing transparency means payers can reduce risk while better
aligning with providers, making sure patients get the right care at
the right time.
- Streamline engagement Actively engaging patients and
assigning care managers increases patient responsiveness and
wellness resulting in happier providers and patients at lower
costs.
- Inform referrals By automating communications, including
the transfer of health plan and patient clinical data and care
information, primary care givers can refer the patient to the
highest quality provider in the network and reduce network
leakage.
NantHealth’s population health management tools are available to
all health plans including customers of Eviti Connect, a
world-class evidence-based treatment intelligence platform that
supports better decision making, and NaviNet Open, an
industry-leading secure, multi-payer platform that elevates the
payer-provider relationship from transactional to collaborative,
enhancing communication and boosting operational efficiency. For
more information visit,
nanthealth.com/products/population-health-management.
About NantHealth, Inc.
NantHealth, a member of the NantWorks ecosystem of companies,
provides enterprise solutions that help businesses transform
complex data into actionable insights. By offering efficient ways
to move, interpret, and visualize complex and highly sensitive
information, NantHealth enables customers in healthcare, life
sciences, logistics, telecommunications and other industries to
automate, understand and act on data while keeping it secure and
scalable. NantHealth’s product portfolio comprises the latest
technology in payer/provider collaboration platforms for real-time
coverage decision support (Eviti and NaviNet), molecular analysis
(GPS Cancer), and data solutions that provide multi-data analysis,
reporting and professional services offerings (Quadris). OpenNMS, a
NantHealth subsidiary, helps businesses monitor and manage network
health and performance. For more information, visit nanthealth.com,
follow us on Twitter, Facebook and LinkedIn, and subscribe to our
blog.
Forward Looking Statement
This news release contains certain statements of a
forward-looking nature relating to future events or future business
performance. Forward-looking statements can be identified by the
words “expects,” “anticipates,” “believes,” “intends,” “estimates,”
“plans,” “will,” “outlook” and similar expressions. Forward-looking
statements are based on management’s current plans, estimates,
assumptions and projections, and speak only as of the date they are
made. Risks and uncertainties include, but are not limited to: our
ability to successfully integrate a complex learning system to
address a wide range of healthcare issues; our ability to
successfully amass the requisite data to achieve maximum network
effects; appropriately allocating financial and human resources
across a broad array of product and service offerings; raising
additional capital as necessary to fund our operations; achieving
significant commercial market acceptance for our sequencing and
molecular analysis solutions; establish relationships with, key
thought leaders or payers’ key decision makers in order to
establish GPS Cancer as a standard of care for patients with
cancer; our ability to grow the market for our Systems
Infrastructure, and applications; successfully enhancing our
Systems Infrastructure and applications to achieve market
acceptance and keep pace with technological developments; customer
concentration; competition; security breaches; bandwidth
limitations; our ability to integrate OpenNMS into our operations;;
our ability to obtain regulatory approvals; dependence upon senior
management; the need to comply with and meet applicable laws and
regulations; unexpected adverse events; clinical adoption and
market acceptance of GPS Cancer; and anticipated cost savings. We
undertake no obligation to update any forward-looking statement in
light of new information or future events, except as otherwise
required by law. Forward-looking statements involve inherent risks
and uncertainties, most of which are difficult to predict and are
generally beyond our control. Actual results or outcomes may differ
materially from those implied by the forward-looking statements as
a result of the impact of a number of factors, many of which are
discussed in more detail in our reports filed with the Securities
and Exchange Commission.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210331005122/en/
Jen Hodson Jen@nant.com 562-397-3630
NantHealth (NASDAQ:NH)
Historical Stock Chart
From Jun 2024 to Jul 2024
NantHealth (NASDAQ:NH)
Historical Stock Chart
From Jul 2023 to Jul 2024