CareCentrix and Owned Outcomes Create Development Alliance to Re-Imagine Post-Acute Care
CareCentrix, the industry leader in post-acute care management for payors, announced today a strategic development alliance with Owned Outcomes, a thought leader in developing next generation precision analytics to power clinical decisions. The alliance will deliver actionable insights to optimize post-acute care networks and enable personalized data-driven decisions at the point of hospital discharge. Using machine learning and artificial intelligence (AI), the organizations will leverage data to change post-acute care from being reactive to predictive, resulting in better care at a lower cost.
"We are using advanced algorithms to transform how post-acute care is delivered," explained John Driscoll, Chief Executive Officer, CareCentrix. "With what we know through Big Data, we can tune our post-acute network based on each health plan's patient population, and enable better decisions for each individual patient's care."
"By analyzing 100 million patient records, we see patterns, and we can highlight potentially dangerous gaps in care," explained Anita Pramoda, Chief Executive Officer, Owned Outcomes. "Barriers to care come from a variety of factors, including those stemming from socio-economic and cultural concerns. By predicting where potential pitfalls are, we may be in a better position to help patients avoid them," says Pramoda.
"The current post-acute care continuum is broken into silos, which often results in patients getting the wrong care at too high a cost. By combining predictive analytics with our expertise to help patients once they leave the hospital, we can get them home faster and more safely," said Driscoll. "This translates into millions of dollars in potential savings for our health plan clients."