Waltham, Mass., April 25, 2014 — Verisk Health, a leader in data-driven healthcare solutions, announced that CHE Trinity Health has selected the company’s Provider Intelligence solution and DxCG® platform to manage its national population health management initiatives. CHE Trinity Health is the second-largest Catholic healthcare delivery system in the nation, serving people and communities in 20 states from coast to coast with 86 hospitals, 109 continuing care facilities, and home health and hospice programs that provide more than 2.8 million visits annually. Verisk Health is a subsidiary of Verisk Analytics (Nasdaq:VRSK).
“We reviewed many potential tools that could support our population health initiatives, and we ultimately chose Verisk Health because of its alignment with the Centers for Medicare and Medicaid Services (CMS), experience in the payer space, and its reputation,” said Ted Makowiec, VP, Medical Economics, Payer Strategy and Product Development for CHE Trinity Health. “We expect the solution will help us reduce risk and increase the value of the care we deliver.”
CHE Trinity Health will implement Verisk Health’s DxCG platform, the industry standard for risk adjustment and predictive modeling, for pre-risk contract evaluations with prospective employers and payers. In addition, CHE Trinity Health will leverage Verisk Health’s Provider Intelligence to manage risk-based contracts. Provider Intelligence uncovers opportunities for optimizing clinical value and enables medical cost management in and out of network by giving providers another means to identify the patients and health issues that require added care and attention. Addressing experience, health, and cost, Provider Intelligence gives providers tools to address CMS’s “triple aim.”
“CHE Trinity Health is one of the largest providers of healthcare in this country and had many options when it came to choosing the right vendor to help drive its population health initiatives,” said Nadine Hays, president of Verisk Health. “We’re excited to support CHE Trinity Health in its efforts to accurately predict and manage risk. This important relationship demonstrates the continued growth of our provider and population health business.”
About Verisk Health
Verisk Health is transforming the business of healthcare by providing data services, analytics, and advanced technologies that answer the industry’s most complex challenges. With a focus on reducing risk across all domains of healthcare, Verisk Health’s broad solution suite is designed to help health plans, employers, providers, and other risk-bearing entities improve the quality of healthcare delivery, reduce costs, ensure appropriate revenue, pay claims accurately, and support compliance. From effective population health management, quality reporting, revenue accuracy, and chart retrieval to tackling fraud, waste, and abuse, Verisk Health is committed to answering the unique challenges of its clients. Verisk Health is a subsidiary of Verisk Analytics Nasdaq:VRSK). For more information, please visit www.veriskhealth.com.
About CHE Trinity Health
CHE Trinity Health is one of the largest multi-institutional Catholic health care delivery systems in the nation. It serves people and communities in 20 states from coast to coast with 86 hospitals, 109 continuing care facilities and home health and hospice programs that provide nearly 2.8 million visits annually. The organization was formed in May 2013, when Trinity Health and Catholic Health East closed their consolidation to strengthen their shared mission, increase excellence in care and advance transformative efforts with their unified voice. With annual operating revenues of about $13.3 billion and assets of about $19.3 billion, the new organization returns almost $1 billion to its communities annually in the form of charity care and other community benefit programs. CHE Trinity Health employs more than 87,000 people, including 3,200 employed physicians. Committed to those who are poor and underserved in its communities, CHE Trinity Health is known for its focus on the country’s aging population. As a single, unified ministry, the organization is the innovator of Senior Emergency Departments, the largest not-for-profit provider of home health care services — ranked by number of visits — in the nation, as well as the nation’s leading provider of PACE (Program of All Inclusive Care for the Elderly) based on the number of available programs. For more information, visit either www.trinity-health.org, or www.newhealthministry.org.