PSCI fits into our sweet spot of innovative companies that we invest in to scale up aggressively as a seamless extension delivering clear competitive advantage of high quality service, flexibility beyond traditional cost efficiencies
Dallas, TX (PRWEB) March 14, 2013
PSCI has announced that it has formed a strategic partnership with ValueLabs, a 2,500 employee global technology services company with its US headquarters in Atlanta, GA. Since the commercial launch of its next generation Population Predictive Analytics for Physician Networks, Hospitals Systems and ACOs, PSCI has experienced significant growth. Value Labs will act as a key partner supporting PSCI with implementation and programming resources.
PSCI uses a patent pending, transformational approach for predicting risk of hospitalization that takes into account 6 dimensions - patient state of health, compliance, utilization, socioeconomics, access to care and perceived well-being. PSCI solves the four most critical and vexing challenges that are necessary to bend the healthcare cost curve for providers/payers.
1. Identifying patient populations that are high risk of hospitalizations along with the factors contributing to the high risk. This forms the basis of tailor-made care management programs.
2. Measuring the impact of Primary Care on reducing the Per Member Per Month (PMPM) healthcare costs across continuum-of-care. This forms the basis of implementing financial incentive programs for providers.
3. Optimizing Provider Network (specialists & facilities) to lower costs and improve quality.
4. Strategic demand & supply planning based on population state-of-health risk analysis to ensure patients stay within the accountable care network.
ValueLabs has over a decade of experience in providing services to the healthcare industry including healthcare providers, payers and pharmaceutical companies. Combining technical excellence, execution ability and domain experience with a team of over 250 focused on the healthcare industry, ValueLabs offers global presence, regulatory compliance support and enhanced product support expertise. ValueLabs Healthcare practice is HIPAA and SAS70 compliant while the organization is ISO 9001:2008 certified, ISO 27001:2005 certified and assessed at CMMI Level 3 (v 1.3).
About PSCI and ValueLabs partnership
This partnership sets the stage to address the surging growth of PSCI solutions in the US market. PSCI will leverage ValueLabs Healthcare practice to help drive PSCI solution implementation and customer support activities. The partnership will benefit customers by helping them drive PSCI solutions to the market faster, handle large and complex solution roll-outs and enhance customer support capability. ValueLabs will also provide support services in the area of data collection, digitization and transformation to bring on healthcare systems at various stages in the EMR implementation to leverage the PSCI’s analytics.
According to Jay Reddy, Chief Executive officer of PSCI, “The partnership with ValueLabs offers us global reach and a scalability to address the needs of our major healthcare clients. We plan to train and certify over 50 ValueLabs healthcare team members on PSCI Solutions over the next 120 days.”
Arjun Rao, the CEO of ValueLabs with an enviable list of global 1000 companies, states “PSCI fits into our sweet spot of innovative companies that we invest in to scale up aggressively as a seamless extension delivering clear competitive advantage of high quality service, flexibility beyond traditional cost efficiencies.”
PSCI’s entire accountable care solution is delivered as Software-as-a-Service (SAAS) to minimize the burden on IT, especially at a time when IT groups are overwhelmed with implementing EMR, ICD 10 systems.
About PSCI Solutions
PSCI, an innovative provider of advanced population analytics and decision support technologies for hospital systems, IDNs, medical homes, physician groups, shared savings and accountable care organizations. PSCI brings acute and ambulatory EMR, financial, operational, clinical and patient risk data together to help model Cost-Quality-Risk improvement opportunities in context of actionable data to drive sustainable margin improvement. PSCI delivers population state-of-health stratification, quality-cost-risk visibility, "what-if" predictive modeling and ACO demand planning and attribution solutions for improving overall healthcare provider and payer performance. PSCI is critical to meet Triple Aim and pay-for-performance objectives. For more information, please visit http://www.PSCIsolutions.com.
ValueLabs is a global IT services company offering technology consulting, software product development, testing and knowledge process outsourcing services. The company was setup in 1997 with a vision to deliver value to clients worldwide using an effective Global Delivery Model. ValueLabs' core competency is in building "Extended Teams" that are dedicated to the client, based on their specific requirements that consistently deliver quality services and in due course become a seamless extension of the client delivering clear competitive advantage beyond traditional cost-efficiencies.