GuideHealth, an AI-enabled value-based care provider for health systems, announced the acquisition of the healthcare company’s value-based care services division and managed services organization. Arcadia health data analysis.
The company also announced that it had signed an agreement with Arcadia to leverage its data analytics platform to power acquired offerings, which will work in conjunction with its predictive and generative AI.
GuideHealth’s value-based care platform offers providers AI insights about patients who need specific care before a preventable health event, virtual health guides for patient/provider connection and engagement, and community, as well as workflow tools.
Arcadia’s managed services organization provides providers with tools for network administration, pre-authorization oversight, payment management, and process improvement around visit access and referrals.
“Our acquisition of the MSO significantly accelerates our plans to leverage the teams’ expertise in credential management, prior authorizations and utilization management and energize it with data, technology and AI. This addresses many of the challenges currently facing healthcare systems and their networks. providers and complements the value-based care outcomes we create for our customers,” said Dr. Sanjay Doddamani, founder and CEO of GuideHealth. MobiHealthNews in an email.
“We believe this unique combination will stabilize health systems’ finances and create a strong foundation for improving patient outcomes and access.” »
THE BIGGEST TREND
Earlier this year, Arcadia raised a huge $125 million in funding. In 2020, the company collected$29.5 million investment in growth stocks.
In September, Arcadia launched a generative AI assistant to generate insights from point-of-care data. It uses large language models (LLM) powered by OpenAI and analyzes patient records to give providers insight into healthcare utilization patterns, develop care plans and more.
Earlier this month, Hippocratic AIa generative AI company developing security-focused LLMs for healthcare, announced the launch of its Early Access Partner Program to support the development of its technology. GuideHealth was one of the early access partners. The company said the partnership allows it to get patient wellness and clinical updates directly from patients.
