Portico Systems Announces Membership with the Center for Health Value Innovation

Leadership Community Committed to Advancing a Value-based Healthcare System

PHILADELPHIA & ST. LOUIS--(BUSINESS WIRE)-- Portico Systems, the leading provider of Integrated Provider Management (IPM) solutions for payers, today announced their membership with the non-profit Center for Health Value Innovation (CHVI; 501c3). The CHVI membership community is made up of leading payer, employer and health IT organizations. The main focus of the community is to create a forum for industry leaders to exchange information, ideas and practices on how to best utilize value-based designs to promote improved health outcomes which are measurable.

“We are excited to have Portico join the Center for Health Value Innovation (CHVI),” said Cyndy Nayer, president and CEO of the Center for Health Value Innovation. “Portico’s vision and solution approach are in alignment with the Center’s goals to promote health value and improve outcomes through deployment of value-based designs. Their provider management solutions enable health plans to better respond to employer demands for higher personalization of the network.”

“Our healthcare payer clients are applying a mix of both value-based insurance design and value-based reimbursement to bend the healthcare cost curve,” said Sam Muppalla, EVP and chief strategy and marketing officer, Portico Systems. “This change in insurance and reimbursement design implies a corresponding change to the provider network design in order to fulfill the value promise. Our clients are adopting an automated approach that integrates network, reimbursement and clinical processes to accomplish these goals without increasing the administrative burden.”

For more information on The Center for Health Value Innovation, please visit http://www.vbhealth.org/, follow Cyndy on Twitter @cyndynayer, and follow the company on Facebook at http://www.facebook.com/CHVI.1. For more information on Portico, please visit www.porticosys.com, subscribe to the RSS feed at http://blog.porticosys.com, and follow the company on Twitter at @porticosys and Facebook at http://www.Facebook.com/porticosys.

About The Center for Health Value Innovation

The Center for Health Value Innovation (CHVI; 501c3) is a nonprofit organization comprised of employers, plan sponsors and health care innovators who are experts in improved health quality through value-based benefit designs. Representing over 60 million covered lives, the members of CHVI are action leaders that showcase their success through innovation, educational forums and frequent communications that demonstrate true improvement to health quality and economic outcomes for individuals, organizations and communities across America.

About Portico Systems

Portico Systems’ innovative solutions enable health plans to reduce administrative, medical and IT costs. Portico’s exclusive focus on provider operations and 500+ staff-years of provider experience has allowed Portico to design the only modular end-to-end provider platform. Portico Systems, a portfolio company of Safeguard Scientifics, Inc., (NYSE: SFE; www.safeguard.com) invites you to explore our website (www.porticosys.com) to learn how our commitment to customer service, quality and technology innovation can accelerate the evolution of your health plan’s provider operations.

Portico Systems is a registered trademark of Portico Systems. All other brand names and product names are trademarks or registered trademarks of their respective companies.

Tags: Portico Systems, IPM, integrated provider management, PPACA, healthcare, MLR, medical loss ratio, administrative cost reduction, payer, provider, healthcare IT, healthIT, reimbursement, contract management, Safeguard Scientifics, Center for Health Value Innovation, CHVI



CONTACT:

Media Contact:
TECHMarket Communications
Marjaneh Ravai, media relations for Portico Systems
650-346-3756
[email protected]
or
Portico Systems
Corporate Contact:
Allison Lattanze
Director of Marketing Communications
215-358-3726
[email protected]
or
Business Development Contact:
Jim Mayhall
Vice President of Business Development
215-358-3731
[email protected]

KEYWORDS:   United States  North America  Missouri  Pennsylvania

INDUSTRY KEYWORDS:   Technology  Data Management  Health  Professional Services  Insurance  Managed Care

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