EAST WINDSOR, N.J. (PRWEB) December 20, 2018
After an extensive vendor selection process, Care Compass Network (CCN) selected the SpectraMedix Platform™ to help transform care delivery for the Medicaid population across its nine-county region in New York State. The platform’s population health management capabilities will enable CCN to take in and utilize data from their 180 partners to reach their Delivery System Reform Incentive Payment (DSRIP) program project goals and successfully equip their partners in the value-based payment (VBP) model.
“Information technology and data analytics are the foundation of our program. We chose SpectraMedix based on their proven track record providing data-driven solutions for New York DSRIP, and for their broader population health expertise,” said Mark Ropiecki, Executive Director of Care Compass Network. “The SpectraMedix Platform™ will enable us to measure program performance across our partners and deliver analytics-based support for strategic decision-making across our region of upstate New York.”
As a leading IT infrastructure, analytics and measures platform for New York’s Performing Provider Systems (PPSs), SpectraMedix has deep experience in solving the unique challenges of Medicaid Transformation programs. Key benefits that CCN will receive include:
- An out-of-the-box, population health management platform
- A comprehensive enterprise data warehouse (EDW)
- All relevant measure sets
- Actionable insights to proactively address gaps in care
- Secure New York State Department of Health-approved cloud-based data processing
- Rapid integration capabilities with care management partners
- Integration of Social Determinants of Health data
- Scalability to implement additional value-based payment programs
The SpectraMedix Platform™ is a Software as a Service (SaaS) performance improvement and decision enablement system that facilitates healthcare organizations’ move to value-based care. Its range of solutions include data aggregation, harmonization and warehousing; an enterprise master patient index (EMPI) and master data management capabilities; predictive modeling, at-risk patient surveillance and “what-if” model development; quality measures reporting; and actionable analytics to monitor and improve care in near real-time.
“We are very excited to be working with CCN to improve the health of its population though coordinated, community-focused medical, behavioral, social, and educational services,” said Raj Lakhanpal, MD, Chief Executive Officer, SpectraMedix. “We look forward to being a part of the team that enables CCN to improve the health and lives of its Medicaid members.”
SpectraMedix provides a data-driven analytics platform that enables providers and payers to move to value-based care using actionable insights for quality performance and cost reduction.
The SpectraMedix Platform™ aggregates clinical, financial, operational, and social data and transforms it to participate in performance incentive programs, initiate and track interventions across different patient populations, and proactively change the way healthcare is delivered across the healthcare ecosystem.
Care Compass Network (CCN) is a not-for-profit, community organization created to champion new models of care to the community with a focus on delivering quality care, while reducing inefficiencies through enhanced care coordination and community-based engagement and education. CCN convenes and collaborates with over 180 partner organizations to expand and improve healthcare delivery, as well as transition from a traditional fee-for-service model to a new, pay-for-performance approach or value-based payment (VBP) program.
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