Last week, Louisville-based ZirMed acquired California-based Intelligent Healthcare, a data-driven clinical integration and population health management company. ZirMed will immediately begin integrating Intelligent Healthcare’s population health management analytics platform into its technology suite.
“We’ve always been focused on improving our clients’ bottom line by helping them improve operational efficiencies and get reimbursed more quickly for the services they provide,” said Tom Butts, CEO of ZirMed. “Today, provider organizations need tools to support traditional fee-for-service models and prepare for fee-for-value models of care as quality and reimbursement are increasingly linked. The ability to provide both financial and clinical integration in this environment is a natural extension of our core business. Our goal has always been to help providers operate as efficiently and profitably as possible so that they can focus on their primary job—treating patients and providing quality care. The acquisition of Intelligent Healthcare will further solidify our ability to provide end-to-end revenue cycle solutions for the entire healthcare marketplace.”
Intelligent Healthcare’s population health management solution aggregates clinical and financial data from a variety of disparate healthcare information systems to deliver real-time quality tracking, gaps in care and population health management solutions for value-based reimbursement programs. Intelligent Healthcare’s highly scalable solution stratifies at-risk patients, provides deep cost and utilization analysis, and supports provider organizations as they work to meet and exceed goals for public and private P4P, Medicare Shared Savings Programs, Commercial Accountable Care Organizations (ACOs), PQRS/HEDIS scores, Patient Centered Medical Home (PCMH) models, and other value-based care programs.
“Intelligent Healthcare has built a reputation as a trusted partner for managing value-based programs. We’ve been dedicated to taking population health in a new direction by aggregating information from multiple data silos and focusing on the entire patient population,” said Paul Katz, CEO and Founder of Intelligent Healthcare. “ZirMed was a very natural fit for our organization—they have an extremely modern platform that excels at collecting and normalizing very high-quality data, which is essential for effective analytics and population health management. Together, we are well positioned to help providers succeed in this era of value-based care.”
With its national database of healthcare payment information, ZirMed gathers a massive amount of high quality, normalized data which is the foundation of population health management. ZirMed’s suite of solutions for revenue cycle management, clinical communications, and financial analytics – combined with Intelligent Healthcare’s population health analytics solution – provides a comprehensive set of tools that will allow healthcare delivery organizations to thrive in the realm of value-based care. For example, tools like ZirMed’s new patient engagement platform and secure provider-to-provider messaging are essential to managing population health.