How Walgreens plan to bring Big Data Analytics to Healthcare Clinics

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See on Scoop.itHealthcare Analytics

Walgreens (NYSE: WAG) (Nasdaq: WAG) is expanding its relationship with  Inovalon Inc. a leading technology company to implement its patient assessment  tool and technology platform to support improvements in care quality and risk  score accuracy programs across more than 400 Healthcare Clinic at select  Walgreens locations.

The convergence of Inovalon’s data-driven patient assessment tool Electronic  Patient Assessment Solution Suite (ePASS®) and Healthcare Clinic at select  Walgreens creates a unique offering within the health plan and retail clinic  industry. With the implementation Inovalon’s analysis of more than 8.3 billion  medical events brings analytic insights to Healthcare Clinic programs.

“By integrating data analytics we can gain even deeper insights to help  improve patient care and ultimately outcomes” said Heather Helle divisional vice  president Healthcare Clinic. “We continue to expand the scope of services  capabilities and footprint at Healthcare Clinics. These types of innovative  solutions enable our nurse practitioners and physician assistants to play an  increasingly important role as part of a patient’s care team.”

Healthcare Clinic at select Walgreens improves members’ choice providing a  convenient community-based access point for member assessments versus the  traditional in-home model.

The combination of Inovalon’s advanced analytics and Healthcare Clinic’s  nurse practitioners and physician assistants as well as its laboratory and  immunization resources provides a superior solution to health plans ACOs and  integrated care delivery organizations seeking to achieve goals in improving  quality outcomes and risk score accuracy.

“Bringing advanced analytics to the point of care in real time is a powerful  benefit for patients being seen in today’s highly complex health care  environment” said Keith Dunleavy M.D. president and chief executive officer of  Inovalon. “We are proud to be working with Walgreens on this industry leading  initiative supporting its commitment to improve health care outcomes for  Healthcare Clinic partners and patients nationwide.”

Inovalon’s ePASS system delivers a patient assessment tool with  individualized predictive analytics to the point of care supporting advanced  insight and efficient resolution of gaps in quality care patient assessment  documentation and risk score accuracy. The risk score models of Medicare  Advantage Commercial Health Insurance Exchange and state managed Medicaid are  each supported within the ePASS system. Similarly the industry’s wide array of  quality outcomes programs including HEDIS® CMS Stars state Medicaid programs and  commercial accreditation requirements of NCQA and URAC are supported within the  platform provided at Healthcare Clinic at select Walgreens locations.

About Walgreens

As the nation’s largest drugstore chain with fiscal 2013 sales of $72 billion  Walgreens (www.walgreens.com) vision is to be the first choice in health  and daily living for everyone in America and beyond. Each day Walgreens provides  more than 6 million customers the most convenient multichannel access to  consumer goods and services and trusted cost-effective pharmacy health and  wellness services and advice in communities across America. Walgreens scope of  pharmacy services includes retail specialty infusion medical facility and mail  service along with respiratory services. These services improve health outcomes  and lower costs for payers including employers managed care organizations health  systems pharmacy benefit managers and the public sector. The company operates  8200 drugstores in all 50 states the District of Columbia Puerto Rico and the  U.S. Virgin Islands. Take Care Health Systems is a Walgreens subsidiary that is  the largest and most comprehensive manager of worksite health and wellness  centers provider practices and in-store convenient care clinics with more than  750 locations throughout the country.

About Inovalon Inc.

Inovalon is a leading technology company that combines advanced data  analytics with highly targeted interventions to achieve meaningful impact in  clinical and quality outcomes utilization and financial performance across the  healthcare landscape. Inovalon’s unique achievement of value is delivered  through the effective progression of Turning Data into Insight and Insight into  Action®. Large proprietary datasets advanced integration technologies  sophisticated predictive analytics and deep subject matter expertise deliver a  seamless end-to-end platform of technology and nationwide operations that bring  the benefits of big data and large-scale analytics to the point of care. Driven  by data Inovalon uniquely identifies gaps in care quality data integrity and  financial performance – while also bringing to bear the unique capabilities to  resolve them. Touching more than 540000 physicians 220000 clinical facilities  and more than 140 million Americans this differentiating combination provides a  powerful solution suite that drives high-value impact improving quality and  economics for health plans ACOs hospitals physicians patients and researchers.  For more information visit www.inovalon.com.

More:  http://www.pharmiweb.com/PressReleases/pressrel.asp?ROW_ID=82598#ixzz2sYHMAwvt

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