|By Business Wire||
|March 18, 2014 08:04 AM EDT||
Valence Health, a leading provider of clinical integration, population health and value-based care solutions, today announced it was selected by Health Choice, a joint venture between Methodist Le Bonheur Healthcare and MetroCare Physicians, to design, develop and optimize a clinically integrated network to improve the clinical care and financial performance of its providers and physician-hospital organization.
“Our physicians and hospitals have a long history of providing excellent care,” said Mitch Graves, CEO of Health Choice. “Partnering with Valence Health will accelerate and enable our ability to support population health management and clinical integration. As we advance our population health efforts, we need a proven partner who has a history of clients using their software solutions to improve the quality of care. After a significant selection process, we’re confident Valence can help us reach our goals.”
Under the agreement, Valence will provide Health Choice with services to build its clinically integrated network and access to the Valence Vision™ technology solution. The Vision™ solution will combine data from Health Choice members’ practice management and hospital information systems with lab, prescription and other data sources, to provide a comprehensive clinical view of patient care. Once operational, the system will allow care providers and coordinators to identify customized patient populations based on combinations of clinical information – such as conditions, gaps in care per evidence-based guidelines, lab results, and more.
“Health Choice is a leader in its community, representing providers who have consistently delivered quality care to Memphis area residents. They clearly understand the challenges created by rapidly evolving care and payment models, and have made the decision to invest in the technology, processes and people to improve the overall health of their community,” said Dr. Nathan Gunn, President of Valence Health’s Population Health business unit. “We’re excited to provide a data platform, unified clinical information and actionable care guidelines for Health Choice providers – helping maintain quality today, and setting the groundwork for collective contracts and risk-based contracts in the future.”
Health Choice supports a total of 1,700 physicians across eight acute care facilities and several ancillary service locations.
About Health Choice:
Health Choice is a joint venture of MetroCare Physicians, Inc. (MetroCare) and Methodist Le Bonheur Healthcare (MLH). Formed in 1985 and reorganized as a true joint venture in 1997, Health Choice has a legacy of promoting partnership and success between and for physician practices and MLH. Health Choice operates exclusively in the Mid-South and contracts for and services over 1,700 area physicians as well as MLH. Health Choice has built the largest market share of any managed care organization in the Mid-South. In this era of unprecedented change, Health Choice is committed to assisting physicians in adapting and thriving even given the tremendous new demands being placed on the healthcare industry. Health Choice helps MetroCare and MLH navigate the healthcare future and delivers powerful solutions to help ensure their future success.
About Valence Health:
Valence Health is a leading provider of value-based care solutions, helping hospitals, health systems and physicians better manage their patient populations and accept financial responsibility for the quality of the care they provide. With unique data collection and analytics solutions, Valence Health serves dozens of clients from physician groups to standalone hospitals to large IDNs such as Cleveland Clinic. From risk-based contracting to accountable care organizations (ACOs) to administering provider-sponsored health plans, Valence has been helping providers since 1996. Headquartered in Chicago, with three other office locations, Valence Health serves more than 30,000 physicians and 120 hospitals, helping them manage the health of 15 million patients nationwide. Follow Valence Health on LinkedIn and Twitter.
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