Humedica, Anceta and Mount Kisco Medical Group to Discuss How to Leverage Analytics and Comparative Data to Achieve ACO Status and to Succeed under a Value-based Purchasing System
BOSTON--(BUSINESS WIRE)-- This Friday, Humedica , a next-generation clinical informatics company, Anceta, and Mount Kisco Medical Group will present at the American Medical Group Association’s (AMGA’s) Institute for Quality Leadership (IQL) Conference. With the event’s theme of “Creating High-Performing Care Organizations,” the speakers will speak on using business intelligence tools to achieve Accountable Care Organization (ACO) status.
In line with this theme, Abe Levy, MD, chief medical officer and chief quality officer at Mount Kisco Medical Group; A.G. Breitenstein, vice president and general manager at Humedica; and John Cuddeback, MD, PhD, chief medical informatics officer at Anceta, will discuss how Humedica’s business intelligence tool, Humedica MinedShare™ Ambulatory, in concert with the Anceta Comparative Data Warehouse (CDW), provides healthcare leaders with the information needed to establish performance improvement, measurement, and monitoring systems to become a high-performing care organization that qualifies as an ACO.
“According to the Agency for Healthcare Research and Quality (AHRQ), approximately $1 out of every $10 spent on inpatient care could be prevented with more effective ambulatory care and patient self-management,” said Dr. Levy. “Mount Kisco Medical Group is leveraging the Humedica MinedShare platform and collaborating with other AMGA members who are participating in the Anceta CDW to identify opportunities to improve care coordination in order to qualify as an ACO.”
“Timely access to accurate longitudinal clinical data is critical to delivering highly coordinated patient care and becoming a high performing healthcare organization and successful ACO,” said Don Fisher, PhD, CAE, chief executive officer of AMGA and chairman of Anceta. “Many of our members, who are committed to succeeding as ACOs, are benefitting from collaboration with their peers, many of whom are Anceta participants. Medical groups are coming together around real-world data to focus on cost-effective quality improvement, across inpatient and outpatient settings.”
The presentation discusses the key drivers of cost as it relates to the patient with diabetes. Leveraging Humedica’s MinedShare platform, the presenters discovered that hypertension and renal complications were major drivers of hospital re-admissions and cost for the patient population with diabetes. Therefore, delaying the onset of end-stage renal disease will have a positive effect on lowering admissions and cost in patients with diabetes. Through Anceta’s collaborative activities, multi-specialty medical groups come together to both identify and quantify population-level cost-saving opportunities through benchmarking. Participating medical groups are then able to take these lessons learned back to their own practices and drill-down to their specific patients in need of care management with the Humedica MinedShare tool.
Humedica is a next-generation clinical informatics company that provides novel software-as-a-service (SaaS) business intelligence solutions to the health care industry. Through cutting-edge analytics, Humedica connects patient information across varied medical settings and time periods to generate a truly longitudinal and comprehensive view of patient care. Humedica provides our partners and customers with the informatics solutions necessary to improve, manage, and succeed in today’s dynamic health care market. Humedica is defining knowledge in health care. Founded in 2008, Humedica is backed by industry-leading venture capital firms Bain Capital Ventures, General Catalyst Partners, North Bridge Venture Partners, and award-winning health care investment bank, Leerink Swann. Additional information is available at www.humedica.com.
Anceta LLC is a subsidiary of the American Medical Group Association (AMGA), building upon AMGA’s tradition of collaborative quality improvement and best practices sharing among AMGA member medical groups and other organized systems of care. Anceta facilitates data-driven collaboration to enhance quality, safety, and cost-efficiency.
ABOUT THE AMERICAN MEDICAL GROUP ASSOCIATION
The American Medical Group Association (AMGA) represents medical groups, including some of the nation’s largest, most prestigious medical practices, independent practice associations, and integrated health care delivery systems. AMGA improves health care for patients by supporting multispecialty medical groups and other organized systems of care. Approximately 113,000 physicians practice in AMGA member organizations and these members deliver health care to approximately 110 million patients in 49 states. Headquartered in Alexandria, Virginia, AMGA is the strategic partner for medical groups, providing a package of benefits, including political advocacy, educational and networking programs and publications, benchmarking data services, and financial and operations assistance.
ABOUT MOUNT KISCO MEDICAL GROUP
The Mount Kisco Medical Group, PC is a multi-specialty medical group that provides the highest quality medical care to over 250,000 patients in 21 different locations throughout Westchester, Putnam and Dutchess counties. Founded in 1946, MKMG has grown to over 200 physicians representing almost 40 different medical specialties with major campuses in Mount Kisco, Katonah, Carmel and Poughkeepsie. The Group is an independent clinical affiliate of the internationally recognized Massachusetts General Hospital.
Allen Kamer, 617-475-3810
Ed Harrison, 617-758-4144
Donald W. Fisher, Ph.D., CAE, 703-838-0033
John Cuddeback, 202-297-9055
KEYWORDS: United States North America Massachusetts
INDUSTRY KEYWORDS: Technology Software Health Hospitals General Health