VitreosHealth Announces a New Strategic Relationship with CitiusTech
The relationship combines leveraging clinical quality measures and predictive and prescriptive analytics, critical for the new value-based payment models.
VitreosHealth, the leader in predictive and prescriptive health insights for population health management, announces today a strategic relationship with CitiusTech, a leading healthcare technology services and solutions provider. VitreosHealth will leverage CitiusTech’s cloud-hosted clinical rules engine that offers advanced Clinical Quality Measures (CQM) computation capabilities (as a web service) in a HIPAA compliant cloud environment.
Reporting on clinical quality measures is becoming a core requirement for the new value-based payment models. Organizations need to track changing requirements for clinical quality measures, leading to new technical complexities. Healthcare organizations today require a quick and cost-effective approach for computation, certification, reporting and management of clinical quality measures .
VitreosHealth is leveraging CitiusTech for their ONC HIT certified CQ-IQ solution, the healthcare industry’s first configurable and scalable platform for CQM computation and analytics and in the cloud. CQ-IQ leverages the power of BI-Clinical, CitiusTech’s healthcare business intelligence (BI) and analytics platform which is used across 4,500 locations. Clients of VitreosHealth stand to benefit from this integrated offering available through the predictive and prescriptive analytics platform of VitreosHealth.
“Managing a large and growing CQM library is a high overhead cost for most organizations, said Rizwan Koita, CitiusTech’s Chief Executive Officer.“With CQ-IQ, VitreosHealth can now provide its clients a simple web services-based approach for quick clinical quality measure computations. CQ-IQ enables organizations to dynamically scale up/down on both measure count and data volumes. This flexibility, along with its pay-as-you-go model, significantly reduces operational cost of managing large portfolio of CQMs. This provides their clients a strong clinical quality measure solution that will keep CQM definitions current with changing regulatory and industry requirements.”
This relationship is significant for VitreosHealth clients who will now have access to more than 250 pre-built clinical quality measures, across various care settings such as physician practices, hospitals, ACOs and health plans. Healthcare organizations will also immediately be able to satisfy the reporting requirements for 2017’s impending MACRA quality reporting metrics. It will also benefit those organizations looking to participate in federal incentive programs (e.g. Meaningful Use, PQRS reporting), commercial payer initiatives (e.g. HEDIS, PCMH, Pay-for-Performance), and provider quality programs (e.g. Value-Based Purchasing, HIQRP, Re-admissions management).
Through the partnership, VitreosHealth will provide its clients a complete view of their population health efforts through a single solution combining quality reporting with risk analytics, outcomes and cost insights. Healthcare organizations will now be able to identify the hidden opportunities for the greatest overall impact in terms of cost and population health.
“Our customers come to us seeking a single data analytics partner who can provide a complete view into population health predictive and prescriptive insights, while incorporating clinical quality measures,” says Jay Reddy, CEO of VitreosHealth. “We are excited to partner with CitiusTech to incorporate their solution in order to meet our clients’ growing need to understand the cost of quality.”
CitiusTechis a specialist provider of healthcare technology services and solutions to medical technology companies, providers, payers and life sciences organizations, with over 2,500 professionals worldwide.
CitiusTech’s services and solutions include healthcare software development, healthcare interoperability, regulatory compliance, BI/analytics, consumer engagement, care coordination and population health management. CitiusTech helps customers accelerate innovation in healthcare through a number of solutions and accelerators for clinical quality reporting, healthcare big data, cloud computing, mobile health and predictive analytics. With cutting-edge technology expertise, world-class service quality and a global resource base, CitiusTech consistently delivers best-in-class solutions and an unmatched cost advantage to healthcare clients worldwide.
For more information, visit www.citiustech.com.