This strategic partnership is about putting the right solutions in the hands of healthcare providers to deliver high quality surgical care at a reasonable cost
Boston and San Francisco (PRWEB) September 18, 2014
ClinicalBox, Inc. and Biome Analytics, Inc. announced following ClinicalBox’s participation in TEDMED that they are entering a strategic partnership to provide a combined suite of solutions that bridge the gap between analytical insights focused on clinical and cost transparency and operational action through intelligent care coordination and patient engagement.
“We are excited to partner with Biome to deliver a best-of-breed suite of solutions,” said Dr. Farbod Hagigi of ClinicalBox. “Biome solutions are able to determine the root causes of poor clinical outcomes such as readmissions, to identify risk cohorts, and to provide unparalleled real cost transparency at the patient-level. Those root causes can then be targeted by ClinicalBox’s care coordination and patient engagement solutions, closing the loop on effective episode of care management.”
“This partnership is about closing the gap between the insights that come from the analytical capabilities Biome has built and the ability to then take action on those insights with ClinicalBox’s care coordination and patient engagement solutions. Together we aim to deliver a return on investment that few solutions on the market today can realize,” said Stuart Jacobson of Biome.
Supporting the perioperative surgical home model will be a key first focus of this strategic partnership: a patient-centered system of coordinated care striving for better health, better health care and reduced costs for all patients undergoing surgical procedures.
About ClinicalBox, Inc.
ClinicalBox, Inc. is a care coordination and patient engagement platform that interfaces seamlessly with electronic health records. Our software is designed to be mission critical for healthcare providers who serve complex, high-cost patients requiring coordination and engagement: the 5% of patients driving 50% of healthcare costs. ClinicalBox does this by treating all interactions with the healthcare system as episodes of care and then targeting care coordination and patient engagement at the right place at the right time. ClinicalBox solutions enable healthcare providers to successfully execute value-based risk-sharing contracts with health insurers. http://www.clinicalbox.com/
About Biome Analytics, Inc.
Biome delivers a new class of targeted clinical analytic applications and services that enable its clients continuously achieve the highest possible level of clinical and financial performance. Our applications and services typically bring 10% reduction in direct cost and in excess of 15% increase in contribution margin to our clients. More importantly, by using our condition targeted applications these gains are sustained over time. Biome clients achieve these gains by exposing the clinical drivers of cost and quality, the key risk factors impacting cost and outcomes, and impact of variation in clinical practice and process. Clients rely on Biome to align clinical and financial teams around common performance targets, to institutionalize data driven decision-making, and to continuously improve the care they deliver. http://biome.io/