AI value-based care platform buys division of data analytics company Arcadia
GuideHealth, an AI-enabled value-based care provider for health systems, announced it acquired healthcare data analytics company Arcadia’s value-based care services division and managed services organization.
The company also announced it signed an agreement with Arcadia to leverage its data analytics platform to power the acquired offerings, which will work in conjunction with its predictive and generative AI.
GuideHealth’s value-based care platform offers providers AI insights into which patients need specific care before a preventable health event, virtual health guides for patient/provider and community connection and engagement, and tools for workflow.
Arcadia’s managed services organization gives providers tools for network administration, overseeing preauthorization, managing payments, and improving processes regarding visit access and referrals.
“Our acquisition of the MSO significantly accelerates our plans to take the teams’ expertise with referral management, prior authorizations, and utilization management and supercharge it with data, technology and AI. This addresses many of the challenges currently faced by health systems and their network providers and complements the value-based care outcomes we create for our customers,” Dr. Sanjay Doddamani, founder and CEO of GuideHealth, told MobiHealthNews in an email.
“We believe this unique combination will stabilize health systems finances and create a strong foundation for improved patient outcomes and access.”
THE LARGER TREND
Earlier this year, Arcadia raised a whopping $125 million in funding. In 2020, the company garnered $29.5 million in growth equity investment.
In September, Arcadia launched a generative AI assistant to generate insights from data at the point of care. It utilizes large language models (LLMs) powered by OpenAI and analyzes patient records to give providers insights into healthcare utilization patterns, develop care plans and more.
Earlier this month, Hippocratic AI, a generative AI company developing safety-focused LLMs for healthcare, announced the launch of its Early Access Partnership Program to support the development of its technology. GuideHealth was one of the Early Access Partners. The company said the partnership allows it to get wellness and clinical updates from patients directly from patients.
Post Publications || Join us on Whatsapp || Post Disclaimer
SEND A STORY: Do you have a story for us or need a promotion/advertisement? Submit them via our email admin@edulearnweb or Ghanaeducation.org
TELEGRAM PAGE >>> [JOIN]
DOWNLOAD OUR EDUCATION NEWS APP - MOBILE APP
JOIN OUR EDUCATION NEW GROUPS (WHATSAPP)
Join one of our Whatsapp/Telegram Groups for current Ghana Education Service News Updates:
JOIN ONLY ONE... THANKS
TELEGRAM PAGE >>> [JOIN]
Group 1 >>New Group> [JOIN]
Group 2 >>New Group> [JOIN]
TELEGRAM PAGE >>> [JOIN]
Only websites that give us a URL backlink can repost our content on their sites.
The information contained in this post is for general information purposes only. The information is provided by edulearnweb.com and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the post for any purpose.
||About Us|| Contact Us