Health Fidelity, a company that develops innovative technologies for the value-based care era, announced a new partnership with Evolent Health, an organization that helps health systems and their physician partners to transition successfully to value-based care. With support from Health Fidelity’s unique risk adjustment solution, Evolent Health now streamlines risk adjustment as part of its complete value-based financial and administrative management solution for new and existing provider-sponsored health plans.
Due to the challenges around understanding and analyzing unstructured data, healthcare organizations are managing risk in their Medicare and commercial exchange initiatives using just 20 percent to 30 percent of available clinical information. Using Health Fidelity’s solution, Evolent Health will provide more data to health systems to enable better decision-making. This allows organizations to perfect the risk adjustment cycle with technologies that improve and complement existing systems and processes. The Health Fidelity solution delivers more streamlined revenue operations, greater efficiency and higher levels of compliance.
“Our objective is to transform care delivery by using cutting-edge technologies and solutions that provide unmatched value to our system partners,” said Sean O’Donnell, Evolent’s VP of Product Innovation and Commercialization. “Health Fidelity’s solution enhances analyses with an intuitive workflow and innovative natural language processing technologies that work together to continuously improve the risk adjustment cycle.”
“We’re excited about the opportunity to work with Evolent Health, a proven leader in value-based care,” said Steve Whitehurst, CEO of Health Fidelity. “Our companies share the same goal, which is to fundamentally change the industry with more efficient and effective population health management solutions, so the partnership is a great fit.”
With an end-to-end, scalable solution that drives unparalleled risk performance improvements, Health Fidelity is growing rapidly and plans to expand the application of its unique technologies to additional use cases.