Walgreens Brings Big Data Analytics to Healthcare Clinics Through Expanded Relationship with Inovalon
31 January 2014 - 2:00AM
Business Wire
Data-Driven Patient Assessment Tool to Improve
Healthcare Outcomes
Walgreens (NYSE: WAG) (Nasdaq: WAG) is expanding its
relationship with Inovalon, Inc., a leading technology company, to
implement its patient assessment tool and technology platform to
support improvements in care, quality and risk score accuracy
programs across more than 400 Healthcare Clinic at select Walgreens
locations.
The convergence of Inovalon’s data-driven patient assessment
tool, Electronic Patient Assessment Solution Suite (ePASS®), and
Healthcare Clinic at select Walgreens creates a unique offering
within the health plan and retail clinic industry. With the
implementation, Inovalon’s analysis of more than 8.3 billion
medical events brings analytic insights to Healthcare Clinic
programs.
“By integrating data analytics, we can gain even deeper insights
to help improve patient care and, ultimately, outcomes,” said
Heather Helle, divisional vice president, Healthcare Clinic. “We
continue to expand the scope of services, capabilities and
footprint at Healthcare Clinics. These types of innovative
solutions enable our nurse practitioners and physician assistants
to play an increasingly important role as part of a patient’s care
team.”
Healthcare Clinic at select Walgreens improves members’ choice,
providing a convenient, community-based access point for member
assessments versus the traditional in-home model.
The combination of Inovalon’s advanced analytics and Healthcare
Clinic’s nurse practitioners and physician assistants, as well as
its laboratory and immunization resources, provides a superior
solution to health plans, ACOs and integrated care delivery
organizations seeking to achieve goals in improving quality
outcomes, and risk score accuracy.
“Bringing advanced analytics to the point of care in real time
is a powerful benefit for patients being seen in today’s highly
complex health care environment,” said Keith Dunleavy, M.D.,
president and chief executive officer of Inovalon. “We are proud to
be working with Walgreens on this industry leading initiative,
supporting its commitment to improve health care outcomes for
Healthcare Clinic partners and patients nationwide.”
Inovalon’s ePASS system delivers a patient assessment tool with
individualized predictive analytics to the point of care,
supporting advanced insight and efficient resolution of gaps in
quality, care, patient assessment, documentation, and risk score
accuracy. The risk score models of Medicare Advantage, Commercial
Health Insurance Exchange, and state managed Medicaid are each
supported within the ePASS system. Similarly, the industry’s wide
array of quality outcomes programs including HEDIS®, CMS Stars,
state Medicaid programs, and commercial accreditation requirements
of NCQA and URAC are supported within the platform provided at
Healthcare Clinic at select Walgreens locations.
About Walgreens
As the nation's largest drugstore chain with fiscal 2013 sales
of $72 billion, Walgreens (www.walgreens.com) vision is to be the
first choice in health and daily living for everyone in America,
and beyond. Each day, Walgreens provides more than 6 million
customers the most convenient, multichannel access to consumer
goods and services and trusted, cost-effective pharmacy, health and
wellness services and advice in communities across America.
Walgreens scope of pharmacy services includes retail, specialty,
infusion, medical facility and mail service, along with respiratory
services. These services improve health outcomes and lower costs
for payers including employers, managed care organizations, health
systems, pharmacy benefit managers and the public sector. The
company operates 8,200 drugstores in all 50 states, the District of
Columbia, Puerto Rico and the U.S. Virgin Islands. Take Care Health
Systems is a Walgreens subsidiary that is the largest and most
comprehensive manager of worksite health and wellness centers,
provider practices, and in-store convenient care clinics, with more
than 750 locations throughout the country.
About Inovalon, Inc.
Inovalon is a leading technology company that combines
advanced data analytics with highly targeted interventions to
achieve meaningful impact in clinical and quality outcomes,
utilization, and financial performance across the healthcare
landscape. Inovalon’s unique achievement of value is delivered
through the effective progression of Turning Data into Insight, and
Insight into Action®. Large proprietary datasets, advanced
integration technologies, sophisticated predictive analytics, and
deep subject matter expertise deliver a seamless, end-to-end
platform of technology and nationwide operations that bring the
benefits of big data and large-scale analytics to the point of
care. Driven by data, Inovalon uniquely identifies gaps in care,
quality, data integrity, and financial performance – while also
bringing to bear the unique capabilities to resolve them. Touching
more than 540,000 physicians, 220,000 clinical facilities, and more
than 140 million Americans, this differentiating combination
provides a powerful solution suite that drives high-value impact,
improving quality and economics for health plans, ACOs, hospitals,
physicians, patients, and researchers. For more information visit
www.inovalon.com.
WalgreensJim Cohn, 847-315-2950orInovalonKim Collins, (301)
809-4000
x1473http://news.walgreens.com@WalgreensNewsfacebook.com/Walgreens
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