Koan Health Clients Achieve $163.2 Million MSSP Savings in 2023
Press release
3 min
Innovation Health to leverage population health analytics for better care at lower costs
Koan Health announced today that they were selected by Innovation Health to provide population health consulting and analytic services that will help deliver higher-quality care at lower costs. Innovation Health, the result of a unique partnership between two industry leaders, Inova and Aetna, a CVS Health Company, serves community members in Northern Virginia, Maryland and the District of Columbia.
Innovation Health will utilize Koan’s proprietary analytic platform and consulting services, and coordination technology will be supplied by Enli Health Intelligence. These tools and services will enable Innovation Health to blend clinical data from Inova’s electronic medical records with Aetna’s claims data which will gain near real-time insight into clinical needs of their members. These tools will be instrumental in achieving their population health and care coordination objectives in 2019 and beyond.
“Koan Health’s population health and data analytic solutions will play a major role in helping us manage the health of our populations,” said Sunil Budhrani, Chief Executive Officer/Chief Medical Officer at Innovation Health. “Koan’s tools, along with their expertise, will provide the insights we need to not only understand our populations, but to truly achieve the healthcare transformation we envision.”
“Innovation Health is committed to delivering the best care while lowering costs,” said Jeff Hayes, Koan Health co-founder and EVP. “To help achieve this, Innovation Health will leverage Koan’s enterprise-level tool set that provides actionable analytics and Enli’s care management technology for managing interactions with members.” Hayes added, “We are thrilled to add Innovation Health to our growing list of satisfied clients.”
DT Nguyen, chairman and CEO for Koan Health, commented that Koan’s platform is especially well-suited for commercial and government insurance programs. “With heightened cost awareness and the need for better reporting of quality measures, the deep links we create with clinical data and predictive analytics are especially useful in value-based care,” said Nguyen. “Our goal is to create healthier populations and long-term value to consumers.” Nguyen is former president of MedAssets (now nThrive) where he led Best in KLAS claims and contract management systems for five consecutive years.
“Our capability to generate an intelligent coordination solution, delivering meaningful clinical and financial outcomes for provider organization, is critical to success in value-based care,” added Luis Machuca, CEO of Enli. “We are pleased to be an integral part of the solution.”
Koan Health is a healthcare analytics and consulting firm focused on helping health care organizations improve performance in value-based relationships. Koan’s sophisticated predictive analytics let accountable providers and payers understand their networks, provider performance, quality and costs—and target powerful interventions to improve clinical and financial results. The company’s proprietary platform can array and analyze millions of data points instantly to forecast the use of health care services to improve performance in population health and specific episodes of care. For more information, visit www.koanhealth.com.
Innovation Health provides health benefit plans to more than 125,000 members. The result of a unique partnership between Aetna, a CVS Health Company and Inova Health System, Innovation Health was formed in 2013 as a new way to deliver and finance more affordable, quality health care for employers and individuals in Northern Virginia, Maryland and D.C. Through its integrated care model, Innovation Health combines a premier health plan, health system, and physicians for improved health outcomes and cost savings. For more information on Innovation Health visit innovationhealth.com.
Enli Health Intelligence® is the market leader in population health management technology. Enli enables care teams to perform to their full potential by integrating healthcare data with evidence-based guidelines embedded in provider workflows across the population and at the point of care.
