On-Demand Data Service Launched
By Christine Kern, contributing writer
The service offers real-time, on-demand analytics provided at point-of-care through existing EHRs.
Data Diagnostics, a patient-specific data service that offers real-time, on-demand analytics at the point-of-care leveraging existing EHR workflows has been launched. The service is the result of a partnership by Quest Diagnostics and Inovalon.
The service is powered by Inovalon’s analytics software and runs on Quest’s Care360 EHR and the Care360 lab ordering and connectivity platform, which is interconnected with more than 400 EHR platforms. Reports will be available individually, rather than on a subscription-as-a-service model, and will provide insight into progress of individual patients compared to quality metrics and controls.
“Physicians, hospitals, health plans, and the myriad of integrated healthcare delivery systems are all eager to deliver high quality care while staying simultaneously vigilant to financial factors”, said Keith Dunleavy, M.D., CEO of Inovalon. “The challenge has been the integration and aggregation of data, and the ability to analyze the implications and deliver the findings where and when they are needed in real time.
“Translating petabytes of data into actionable insights on demand is enabling clinicians to treat their patients more effectively at the point of care, achieve more meaningful impact within less time, gain insights otherwise potentially unknown to the treating clinician, assess gaps in care to achieve incentive quality metrics, and avoid waste. This isn’t simply a new approach to managing health data, it’s a major paradigm shift that will further the transformation of healthcare as we know it.”
As the healthcare industry moves towards a new value-based model of healthcare, virtually every segment of the U.S. healthcare system is feeling the pressures to deliver high quality care while being simultaneously vigilant of financial performance. As Quest Diagnostics concluded, “Driven by legislation within the Medicare Modernization Act, Affordable Care Act, many state Medicaid initiatives, and the U.S. Department of Health & Human Services (HHS) goal of achieving 90 percent of all Medicare fee-for-service payments to quality and value by 2018, factors of quality, disease severity-based payments, and utilization-based payment models are driving more than 50 percent of all payments across the healthcare system today with greater percentages pressuring healthcare delivery systems imminently.”