As more organizations reassess their overall care strategies, the realm of population health is increasingly becoming an area of interest for hospitals and health systems.
In fact, the HealthCare Executive Group listed pop health services as one of the top 10 challenges healthcare leaders anticipate in 2018.
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New York City-based Mount Sinai Health System is jumping on the bandwagon. It chose St. Louis, Missouri-based Lumeris to help improve its population health management initiatives.
Lumeris’ technique revolves around value-based care. Via email, Nigel Ohrenstein, the company’s senior vice president of Northeast and national accounts, explained that the Lumeris technology enables providers to better manage the health of certain patient populations. Its platform brings together clinical and financial data to give providers a complete picture of each patient.
“Our approach is about more than just clinical improvement,” Ohrenstein said. “It’s about helping healthcare organizations to navigate the transition to the new business of value-based care.”
Niyum Gandhi, Mount Sinai’s executive vice president and chief population health officer, commented on the news in a statement:
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As we rapidly embrace value-based care as a system, continuously improving our efficiency and quality to improve the overall health of our community is a critical priority. Mount Sinai has identified innovative collaborators to help support us in this journey, and we believe Lumeris can accelerate our ability to effectively and responsibly manage large populations in risk-based models.
Ohrenstein noted that the collaboration between the organizations sprang from Mount Sinai’s growing interest in examining the overall well-being of patient populations.
“They had already launched population health initiatives, which had been effective, but they wanted to go further, faster,” he said.
Thus, the system selected Lumeris to lend a hand.
Implementation of the technology is already underway at Mount Sinai, Ohrenstein noted, adding that the platform will aid the 150,000 patients currently managed in risk-based contracts.
Moving ahead with Lumeris, Mount Sinai expects to double the number of individuals it currently covers under value-based arrangements.
When asked what success in this collaboration looks like a year down the road, Ohrenstein said his company doesn’t look at client relationships in one-year increments.
“At the end of the day, we’re in the business of improving healthcare for patients in the long-term — and we’re dedicated to helping our clients achieve their goals for many years to come,” he said.
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