BOWIE, Md. – January 28, 2014 – Inovalon, Inc., a leading technology company, today announced that Health Choice, a subsidiary of IASIS Healthcare, has initiated a multi-year engagement to implement Inovalon’s quality improvement analytics, Star Advantage®, and business intelligence and reporting platform, INDICES™, for its managed Medicaid and Medicare Advantage membership populations.
With the implementation of additional managed Medicaid measures for the state of Arizona and the recent expansion of membership into the state of Utah, Health Choice selected Inovalon to provide its quality improvement analytics solution, Star Advantage, to support its membership in meeting state requirements and improving performance scores under the Federal Medicare Advantage program. Additionally, Health Choice will use Star Advantage analytics to close gaps in care to focus on its URAC accreditation under Medicaid state specifications for Arizona.
Star Advantage leverages Inovalon’s Medical Outcomes for Research on Economics and Effectiveness Registry (MORE2 Registry®), a de-identified dataset of more than 8.3 billion medical events which empowers current understandings and improvements in healthcare trends pertaining to both care management and quality outcomes. Star Advantage brings to bear the right intervention with the right content, at the right time and in the right venue, for the right member, leveraging data and analytics to achieve highly resource-efficient improvements in quality across large and small populations. In 2013, Inovalon’s Star Advantage clients realized an increase in their Star Quality Ratings that was 173% greater than the national average compared to all Medicare Advantage health plans as released by the Centers for Medicare and Medicaid Services (CMS).
Inovalon’s robust business intelligence and reporting solution, INDICES, delivers granular insight into data and outcomes needed to evaluate program progress, review results, and make informed strategic business decisions down to the hospital, practice, physician, member, and measure level in real time. Informed by data across a broad number of domains which impact healthcare organizations today, the outputs of Inovalon’s Star Advantage platform will provide Health Choice with ready access to information needed to identify gaps in data accuracy, quality, and care.
“Health Choice is committed to the achievement of high-quality and cost-effective care,” said Jaime Perikly, chief operating officer of Health Choice. “We are proud to partner with Inovalon and their industry-leading Star Advantage and INDICES solutions to empower our quality initiatives through predictive analytics and insight to improve care coordination and health outcomes across our Medicare and Medicaid memberships.”
“Today, health plans are under increased pressure to not only measure quality of care, but to improve it in a meaningful way. It is essential to leverage healthcare data to analytically drive higher levels of quality improvement performance,” said Mike Burgin, vice president of Inovalon. “We are pleased to expand our partnership with Health Choice, while continuing to improve quality and financial outcomes through advanced data-driven solutions.”
With this expanded partnership, Health Choice will implement Inovalon’s CMS Star Rating improvement and business intelligence solutions, Star Advantage and INDICES, for its Medicare Advantage and managed Medicaid lines of business. Inovalon first partnered with Health Choice in 2007 to provide clinical and quality outcomes measurement and reporting services through its HEDIS Advantage™ solution.
About Health Choice
Health Choice, a subsidiary of IASIS Healthcare, is a provider-owned, managed care organization and insurer delivering healthcare services through its health plans, integrated delivery systems and managed care solutions. Currently, Health Choice has more than 30,000 high-quality physicians and providers rendering healthcare services to approximately 200,000 lives. On June 1, 2013, Health Choice Arizona and Health Choice Generations HMO were awarded Health Plan Accreditation from URAC, a Washington, DC-based healthcare accrediting organization that establishes quality standards for the healthcare industry. Health Choice is committed to the ongoing development and implementation of innovative, sustainable models of care delivery and robust clinical programs for the individuals it serves. For more information, visit HealthChoiceAZ.com, HealthChoiceGenerations.com, HealthChoiceUtah.com and HealthChoicePreferred.com.
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 540,000 physicians, 220,000 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. Please visit www.inovalon.com for more information.
Kim E. Collins
4321 Collington Road
Bowie, Maryland 20716
Phone: 301-809-4000 x1473
Feinstein Kean Healthcare, on behalf of Inovalon, Inc.