St. John’s Riverside Hospital Licenses the SpectraMedix 360 Platform

The clinical analytics platform will also assist the New York hospital in facilitating transitions in care

Yonkers, NY — April 7, 2014 — SpectraMedix, a provider of clinical and business intelligence solutions, announced today that St. John’s Riverside Hospital in Yonkers, New York will license the SpectraMedix 360 clinical analytics platform. St. John’s Riverside will utilize SpectraMedix 360 and its Readmissions360 product to reduce preventable readmissions as part of their overall data analytics and reporting strategy to improve hospital performance.

“We are always working to enhance the quality of care and service we provide, and reducing preventable readmissions is an essential component of this objective,” said Paul Antonecchia, MD, Chief Medical Officer at St. John’s Riverside. “We are looking forward to leveraging the capabilities of SpectraMedix’s solution.”

“The SpectraMedix 360 platform, and its ability to calculate predictive analytics from clinical data in real-time, will help us to fully leverage our data assets for an immediate impact on quality and performance,” said Daniel Morreale, Vice President and Chief Information Officer at St. John’s Riverside.

SpectraMedix 360 transforms real-time and retrospective data from disparate sources into predictive and actionable analytics that drive performance improvement. A Software as a Service (SaaS) solution, SpectraMedix is powered by the following core competencies:

  • Data collection from multiple systems for easy, fast collection of all required data
  • The ability to house data in our Clinical Data Repository providing a single source of truth
  • An advanced Measures Framework for custom and standard measure creation
  • Predictive modeling and analytics to identify at-risk patients in real-time
  • Actionable information presented in accessible formats across the continuum of care for immediate clinical and performance improvement

These core competencies have enabled SpectraMedix to create a platform of sophisticated applications to improve quality and maximize federal incentives, including Readmissions360; CoreMeasures360 for Core Measures and Value-based Purchasing measures compliance; eMeasures360 for compliance with and electronic submission of Meaningful Use Stage 2 Clinical Quality Measures (CQMs); and AccountableCare360 for ACO analytics.

“We are pleased to have the opportunity to work with St. John’s Riverside Hospital to enhance their data analytics capabilities and quality reporting initiatives,” said Raj Lakhanpal, MD, CEO of SpectraMedix. “We look forward to assisting St. John’s Riverside to receive full Medicare payments for the Readmissions Reduction Program by unlocking the value of their clinical data.”

About SpectraMedix
SpectraMedix partners with hospitals and ambulatory care providers to transform real-time and retrospective data into measureable clinical and financial results. Our tailored clinical analytics solutions provide actionable information that makes it easy for organizations to implement quality improvement initiatives, increase revenues and maximize incentives for the range of performance-based Centers for Medicare & Medicaid Services (CMS) programs. Our solutions are supported by experienced analysts and data scientists that assist our clients to quickly resolve data issues, mine all required data for our predictive models and transform this data into opportunities.

About St. John’s Riverside Hospital
St. John’s Riverside Hospital is a 407-bed community hospital that has provided the highest quality, compassionate health care to the City of Yonkers and Rivertown communities of Hastings-on-Hudson, Ardsley, Dobbs Ferry, and Irvington as well as surrounding communities, since 1869. Approximately 400 physicians, representing almost every medical and surgical specialty, are on staff. Its services include emergency services; inpatient acute care; ambulatory surgery services; outpatient diagnosis and treatment; maternity and health/wellness education programs. Riverside Health Care System, Inc. includes St. John’s Andrus, Dobbs Ferry and ParkCare Pavilions, and the Cochran School of Nursing. For more information please visit RiversideHealth.org.

For more information, please contact:

SpectraMedix
Nathan Brown
609-336-7733
nathan.brown@spectramedix.com

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