Cleveland, OH (PRWEB) July 07, 2014
Explorys, the leader in big data-driven healthcare transformation, today announced that Texas Care Alliance (TCA), a member-led consortium representing community-based hospitals and nine healthcare systems in Texas, has selected Explorys as the backbone for their value-based population management network. The Texas health systems are joining forces to share clinical data to improve quality and efficiency, lower healthcare costs, and accelerate medical innovation in patient care.
TCA was founded by Baylor Scott & White Health (BSWH) of Dallas and Trinity Mother Frances Hospitals and Clinics of Tyler in March 2013. TCA also includes Community Hospital Corporation, Plano; Good Shepherd Health System, Longview; Hendrick Health System, Abilene; Medical Center Health System, Odessa; Midland Memorial Hospital, Midland; Shannon Health System, San Angelo; and United Regional Health Care System, Wichita Falls.
The TCA service areas cover 193 Texas counties, with TCA member organizations providing more than 20 percent of the state's hospital beds, and including 6,800 employed or affiliated physicians.
TCA will add to the Explorys value-based care network, which already supports 325 hospitals and 300,000 providers, delivering $61 billion in care annually in the U.S. With 275 billion clinical, financial, and operational data facts spanning the continuum of care, Explorys is the most comprehensive big data network in healthcare.
“Dramatic improvements in care quality and efficiency require insight into the relationships between cost and treatment in addition to collaboration across those who are involved in the continuum of care,” said Bill Roberts, Chairman of Texas Care Alliance and Senior Vice President and Chief Strategy Development Officer for Baylor Health Care System. “Our alliance has come together to make these improvements and our partnership with Explorys represents another bold move to activate the necessary components for care transformation across Texas.”
The multi-year agreement establishes a framework for expansion as the alliance grows, supporting open integration with 3rd party solutions for leveraging the Explorys Platform and Network. Utilizing a sophisticated patient privacy and data governance engine, alliance members will gain HIPAA-compliant insight into patterns and trends that identify new opportunities for care innovation. TCA will use Explorys applications and unified dashboards to benchmark risk-adjusted quality metrics across its alliance partners, comparing those metrics to the universe of healthcare systems within the Explorys Network.
“We are honored that Texas Care Alliance chose the Explorys Network for its value-based platform,” said Stephen McHale, CEO, Explorys. “They are a leader in delivering better care and improved efficiency; a critical aspect of success in reform nationwide.”
About Texas Care Alliance
Texas Care Alliance (TCA) was created as a “central organization” designed to build expertise in population health management, capitalize on economies of scale, and accelerate the rapid adoption of clinical and operational best practices. In doing so, the nine-member health systems of TCA seek to improve and integrate the key pieces of the healthcare value chain through a shared commitment to adopt common metrics, measure performance, and share clinical and administrative best practices.
Founded in 2009 as an innovation spinoff from Cleveland Clinic, Explorys provides the healthcare industry a secure, cloud-based analytics platform that leverages big data for clinical integration, predictive analytics, risk management and business intelligence. Its platform enables the country’s leading provider organizations to more effectively leverage their data to improve care quality, patient satisfaction, and deliver value-based care. The Explorys solution supports Population Health Management and Accountable Care models while applying the power of massively-parallel data processing to save lives and make healthcare affordable. Since its inception, the Explorys platform has been adopted by 20 major integrated healthcare systems, 48 million unique cared-for-lives, 325 hospitals, and 300,000 providers who collectively deliver $61B in care annually. For more information, visit http://www.explorys.com.