East Windsor, NJ and Chicago, IL — January 13, 2016 — SpectraMedix, a leading provider of solutions that accelerate the transition to fee for value and risk-based models, and heartbase, the premier database for cardiology healthcare, have formed an alliance that expands heartbases’s portfolio of cardiology performance metrics to include analytics for tracking and reducing cardiology patient readmissions, as well as electronic Clinical Quality Measures (eCQMs) for cardiology. These capabilities will be made available to existing and new clients of both SpectraMedix and heartbase.
“We are always looking at ways to enhance the services we deliver to our clients,” said Stephen Gawrit, Director of Sales and Operations at heartbase, Inc. “SpectraMedix ’s analytics solutions will help our cardiology customers improve overall patient care and avoid penalties associated with preventable readmissions. It’s a natural fit.”
Specifically, SpectraMedix’s Analytics Platform provides detailed diabetes and heart failure analytics to help health systems gain a better understanding of why patients are being readmitted and improve discharge planning. Health systems can identify patients with a high risk for 30-day readmission and personnel can create interactive dashboards with performance metrics to effectively monitor and report on readmissions so that appropriate care can be delivered and financial penalties avoided. SpectraMedix also is ONC Certified for all 29 inpatient and all 64 ambulatory eCQMs. These measures are part of a comprehensive Measures Framework which includes over 200 PQRS measures.
These capabilities will combine with heartbase’s best-in-class cardiology registry capture tools, real-time performance metric reporting and procedure noting solutions that enable hospitals to meet cardiology metrics for their cardiology physicians.
“heartbase offers an impressive list of cardiac registry and metric reporting services to their providers,” said Dr. Raj Lakhanpal, Chief Executive Officer of SpectraMedix. “We are pleased to have the opportunity to align those services with our population health and readmission management capabilities to help health systems and hospitals maximize the value of their cardiology data assets.”
heartbase is the engine that drives outcome improvement, revenue generation and cost containment by providing tools for efficient data collection, data extraction, and performance analysis. Through robust and timely reporting tools, heartbase™ puts the client in control of its valuable hospital-owned clinical data to increase performance, comply with registry requirements, and identify and apply new innovations, in order to position each client as a quality leader.
SpectraMedix’s state of the art solutions enable hospitals and ambulatory care providers to improve performance and outcomes while transitioning to pay for performance and risk-based payment models. The SpectraMedix 360 platform for clinical data collection and aggregation, quality measure compliance and predictive modeling provides a suite of products that includes eMeasures360 for quality measures calculation and reporting and identifying gaps in care; PopulationHealth360 for facilitating risk-based initiatives that leverage real-time data at the individual patient and population levels; and AccountableCare360 for collecting, analyzing, sharing and reporting data for the ACO measure set. SpectraMedix 360 is also a leader in the integration, transformation and utilization of healthcare data for client specific applications and initiatives, and to create opportunities for performance improvement.
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