ZeOmega launches value-based care performance management system
LAS VEGAS – Population health management technology vendor ZeOmega has launched Jiva for Performance Management, a software-as-a-service system that enables healthcare organizations to quickly manage the clinical and financial performance of their pay-for-performance and readmission reduction programs across multiple payers, including Medicare, Medicaid and commercial contracts, the vendor said.
ZeOmega made the announcement at the 2016 Annual HIMSS Conference and Exhibition.
“While the industry has steadily moved toward value-based care, many healthcare organizations still struggle with the problem of provider performance measurement, which, in turn, impedes their ability to participate in meaningful risk-sharing models,” said Nandini Rangaswamy, chief strategy officer at ZeOmega. “Our conversations with hospital executives, industry analysts and consultants have indicated that the biggest challenges continue to be a lack of multi-payer support, the cost of interoperability and deployment time.”
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Jiva for Performance Management was developed to address these challenges, Rangaswamy added. The new system integrates with nearly three dozen disparate health data systems, and healthcare organizations can use this single platform to measure and manage performance across multiple populations, multiple payers and different types of value-based care contracts, Rangaswamy said.
ZeOmega said Jiva for Performance Management can be deployed in a matter of weeks and that the system is able to quickly integrate claims and electronic health records data. Dashboards monitor an organization’s progress toward achieving Star, Medicare Shared Savings Program, Healthcare Effectiveness Data and Information Set, and other pay-for-performance goals, the vendor added. The system also delivers patient registries, predictive analytics driven by psycho-social risk factors, and patient engagement capabilities that can enable organizations to better manage admission and readmission risk and develop patient outreach programs, ZeOmega said.
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