WellSky® Selected as Top Innovator in Healthcare Analytics by MedTech Breakthrough for Third Straight Year
Leading healthcare technology company is a repeat winner in the annual awards program that honors outstanding health and medical technology solutions and companies
OVERLAND PARK, Kan.--(BUSINESS WIRE)--WellSky, a leading health and community care technology company, today announced that WellSky CareInsights™ has won the Healthcare Analytics Innovation Award in the sixth annual MedTech Breakthrough Awards program conducted by MedTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies, and solutions in the global health and medical technology market.
WellSky CareInsights is an industry-leading data analytics solution that brings both population-level and patient-level intelligence directly to care managers and clinicians when and where they need it. The solution’s newest feature, CareInsights Guidance, leverages 3.4 million complete home health episodes to provide actionable insights to clinicians early in a patient’s care planning process. These insights, when paired with clinical expertise, provide a more patient-centered approach to care planning, reducing variations in cost and quality of care.
Using CareInsights, WellSky clients have been able to enhance care operations, accelerate growth, and revamp organizational culture. Deer Meadows, a nationally ranked home health agency in Philadelphia, PA, experienced a 22 percent reduction in hospitalizations and a 164 percent increase in census thanks to CareInsights. Another WellSky home health client, Patriot Homecare, saw double-digit performance improvements while tightening team operations.
“Our predictive analytics technology is at the forefront of clinician empowerment and care quality improvement,” said Bill Miller, CEO of WellSky. “Clients are using the new capabilities within CareInsights to navigate today’s increasing workforce challenges and succeed in value-based care. We are honored to power our clients’ success, as well as be recognized as innovators by MedTech Breakthrough for the third straight year.”
The mission of the MedTech Breakthrough Awards is to honor excellence and recognize the innovation, hard work, and success in a range of health and medical technology categories, including telehealth, clinical administration, patient engagement, electronic health records (EHR), virtual care, medical devices, medical data, and more. This year, MedTech Breakthrough received more than 3,900 nominations from more than 15 countries. WellSky is a repeat winner, having also been recognized in 2020 and 2021 with the Best Predictive Analytics Solution award.
“As healthcare continues to shift from fee-for-service payment models to value-based care, it is increasingly important for providers to improve care quality and outcomes while keeping costs to a minimum,” said James Johnson, managing director, MedTech Breakthrough. “WellSky CareInsights helps achieve this while offering providers a competitive edge with the supportive data needed to proactively manage their patient populations and effectively allocate resources for a more sustainable care delivery model. Congratulations to the WellSky team on winning the Healthcare Analytics Innovation Award.”
Learn more about how WellSky is transforming health and community care at WellSky.com.
WellSky is a technology company leading the movement for intelligent, coordinated care. Our next-generation software, analytics, and services power better outcomes and lower costs for stakeholders across the health and community care continuum. In today’s value-based care environment, WellSky helps providers, payers, health systems, and community organizations solve tough challenges, improve collaboration for growth, harness the power of data analytics, and achieve better outcomes by further connecting clinical and social care. WellSky serves more than 20,000 client sites — including the largest hospital systems, blood banks, cell therapy labs, blood centers, home health and hospice franchises, post-acute providers, government agencies, and human services organizations. Informed by more than 40 years of providing software and expertise, WellSky anticipates clients’ needs and innovates relentlessly to ultimately help more people thrive. For more information, visit wellsky.com.