Waltham, MA (PRWEB) May 28, 2015
Connance, Inc. (http://www.connance.com), the industry’s premier source of predictive analytic technology solutions that optimize financial and clinical workflows, today announced the extension of its offerings into the area of population health. Connance now delivers a readmissions solution that addresses readmission risk through composite clinical and socio-demographic insights and targeted interventions.
According to the CDC, social and economic factors drive upwards of 40 percent of consumer health, and behavioral elements account for another 30 percent. In an ideal environment, healthcare providers would have unlimited time to spend with each patient, and all clinical, social, economic, and behavioral elements would be meticulously entered into patient medical records so that whole-patient insights could consistently be achieved. As such, physicians, nurses, and home care resources could then be cognizant of this critical information and incorporate it into patient care plans for maximum effectiveness. Today, however, the realities of healthcare delivery preclude most providers from gathering and synthesizing this kind of comprehensive patient view. That is, unless, providers leverage innovative predictive analytic and workflow solutions, such as Connance Readmissions.
"As healthcare provider risk continues to shift and increase, we’ve applied our expertise and understanding of socio-economic conditions and lifestyle factors that drive patient behavior to help improve clinical outcomes," said Steve Levin, CEO, Connance. "One of the new analytic applications we’ve developed in this area is aimed at predicting the risk of and reducing the work associated with readmissions. The patient is at the center of both the revenue cycle and clinical risk management. With our years of experience in predicting patient behavior, we feel we’re uniquely qualified to help providers mitigate these challenges."
Connance built a proven, socio‐demographic predictive analytic capable of stratifying a patient population to identify the 20 percent of a patient population that produced more than 80 percent of readmissions that occurred within 30‐days of discharge. This same predictive analytic identified the last 30 percent of the population that represented less than 5 percent of subsequent readmissions. With these insights, providers can drive workflow changes that affect the patient experience and result in readmission reductions.
"Whole-patient insights that drive improvements to workflow are a critical component of any population health strategy and, now, with Connance, healthcare providers can enable maximum care team efficiency and throughput by identifying the true, underlying readmission risk of each patient," said Randy K. Hawkins, M.D., Chief Medical Officer, Connance. "In this manner, the right resources can be applied to the right patients at the right time to optimize and improve outcomes."
By adding whole-patient insights to traditional clinical risk indices with a predictive analytic and workflow solution, healthcare providers can augment and enhance their care management efforts.
About Connance, Inc.
Connance is healthcare’s premier source of predictive analytic technology solutions that enable hospitals, clinicians and outsourcing organizations to optimize financial and clinical workflows for sustained performance improvement. Leveraging your data, our data and consumer data, Connance delivers revenue cycle and population health solutions that prioritize activity and tailor your workflows to improve net income, reduce costs, and enhance the patient experience. Connance is redefining workflow optimization in healthcare. For more information call (781) 577-5000 or visit http://www.connance.com.