Chilmark: Arcadia.io Has “Unusually Strong Experience Working with Both Providers and Payers”
2018 Market Trends Report for Population Health Management finds that Arcadia’s strong data management capabilities allow it to support large payers, dominant IDNs, and large physician practices
BURLINGTON, Massachusetts (May 3, 2018) – Arcadia.io announced today their coverage in the Chilmark Research Population Health Management 2018 Market Trends Report, which highlighted the company’s experience supporting plan-provider collaboration and working with large, complex healthcare enterprises. The report highlighted Arcadia’s top differentiators: 1) strong data management operational discipline, 2) work with both payers and providers, and 3) experience with a broad set of value-based programs.
Chilmark identified the ongoing convergence of payers and providers as a continuing market trend, noting that stakeholders are trying to “move beyond the inherent friction in their relationships”. Arcadia’s capabilities address a challenge noted by Chilmark senior analysts Brian Murphy and Matthew Guldin: “the proliferation of redundant and inconsistent data sources is one of the most significant hurdles to value-based health initiatives, which depend on the availability of reliable information.”
“Arcadia has unusually strong experience working with both providers and payers,” found Murphy and Guldin. “The company can provide clinical data at the quality level that payers seek. It can also quickly turn payer claims feeds into a usable resource for providers.”
“When providers and payers try to collaborate on population health, trust is critical, “ said Arcadia chief executive officer Sean Carroll, “In our years working with some of the largest payers and providers in the country, we have discovered that a shared, high quality data asset is a critical foundation for them to bridge any trust gaps between organizations and drive value based care performance across a complex network.”
The impact of data quality on population health management has long been a focus area for Arcadia. With customer Beth Israel Deaconess Care Organization, the team published the paper “Mind the Gap: Identifying Critical Data Quality Gaps to Unlock Population Health Management” in the Journal of Healthcare Information Management – a first-of-its-kind evaluation of the utility of CCDs versus data stored directly in the EHR to support value based care.
Arcadia offers standard integrations for over 40 physical and behavioral health EHRs, pairing detailed clinical data with claims-based data to give heterogeneous healthcare organizations a comprehensive view of population health. Arcadia’s proprietary technology allows organizations to rapidly aggregate their data, and Arcadia’s sophisticated data quality analysis tools enable healthcare organizations to visualize and resolve issues that may be impacting their value based care performance.
About Chilmark Research
Chilmark Research is a global research and advisory firm whose sole focus is the market for healthcare IT solutions. This focus allows Chilmark to provide clients with the most in-depth and accurate research on the critical technology and adoption trends occurring throughout the healthcare sector. Areas of current research focus include, among others: Interoperability, population health management, analytics, care management, provider-payer convergence and consumer-facing health & wellness applications and services.
Arcadia.io (http://www.arcadia.io) is a population health management technology company supporting healthcare enterprises taking on risk and transitioning to value-based care. Arcadia specializes in integration of data from more than 40 different physical and behavioral health EHR vendors, enriching it with claims and operational data, and using that data to drive improvements in patient care quality, practice efficiency, and financial performance. Trusted by independent provider groups, health plans, and integrated delivery networks nationwide, with expertise in both fee-for-service optimization and value-based performance environments, Arcadia supports providers with the benchmark data, insights, and outsourced services to excel in the evolving landscape of American healthcare. Founded in 2002, Arcadia is headquartered outside Boston in Burlington, MA, with offices in Seattle, Pittsburgh, and outside Chicago in Rockford, IL.
Director, Strategic Marketing | Arcadia
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