BELLEVUE, Wash. and WEYMOUTH, Mass., May 20, 2014 /PRNewswire/ -- Caradigm, a population health company, and Beacon Partners, a leading healthcare management consulting firm, today announced an agreement to deliver a comprehensive solution for improving population health management and transitioning to value-based care. The agreement joins Caradigm's population health software and the healthcare consulting expertise of Beacon Partners in order to help providers manage risk, improve care quality and outcomes, and reduce the per capita cost of care.
Under the agreement, the companies will collaborate to help healthcare providers accelerate the deployment and adoption of Caradigm's portfolio of healthcare analytics and population health solutions, including Caradigm(TM) Risk Management and Caradigm(TM) Care Management. As a critical part of this effort, Beacon Partners will offer advisory services, clinical and IT transformation, and implementation services for Caradigm customers. These services are designed to help organizations understand value-based care opportunities, assess their readiness to shift successfully to risk-bearing payment models, and develop comprehensive transition and implementation plans.
"Succeeding in population health and value-based care requires significant transformation on the part of providers, who are increasingly taking on more risk," said Michael Simpson, CEO of Caradigm. "Beacon Partners brings proven experience in helping organizations navigate these changes. Our customers will benefit from Beacon Partners' expertise in implementing new models of care delivery."
"Healthcare organizations that will thrive in the future are those that successfully manage risk and improve the health of their communities," said Ralph Fargnoli, president and CEO of Beacon Partners. "To do this, organizations need to leverage the full power of their data to transform their clinical, operational and patient engagement processes. We look forward to working with Caradigm to help clients navigate and gain value from these transitions."
Caradigm's family of software -- anchored by the Caradigm Intelligence Platform -- is designed to address the capabilities needed by healthcare organizations to improve population health management, including data aggregation and control, healthcare analytics, care coordination and management, and patient engagement and wellness.
About Beacon Partners
As one of the largest healthcare management consulting firms, Beacon Partners is chosen by organizations in the healthcare community to provide advisory services to improve overall operational, clinical and financial performance with the adoption of information technology. With a strategic approach and depth of experience, Beacon Partners is uniquely qualified to help organizations navigate the challenges in healthcare and optimize their potential to deliver the highest possible level of patient care. For more information, visit us at BeaconPartners.com, or follow us on LinkedIn, Twitter, or Facebook.
Caradigm is a healthcare analytics and population health company dedicated to helping organizations improve care, reduce costs, and manage risk. Caradigm analytics solutions provide insight into patients, populations, and performance, enabling healthcare organizations to understand their clinical and financial risk and identify the actions needed to address it. Caradigm population health solutions enable teams to deliver the appropriate care to patients through effective coordination and patient engagement, helping to improve outcomes and financial results. The key to Caradigm analytics and population health solutions is a rich set of clinical, operational, and financial data delivered to healthcare professionals within their workflows in near-real time. This data asset serves as the foundation for a growing number of innovative healthcare applications developed by Caradigm and industry partners, providing rapid incremental value to customers. Visit: www.caradigm.com.