Walgreens (NYSE: WAG) (Nasdaq: WAG) is expanding its relationship with
Inovalon, Inc., a leading technology company, to implement its patient
assessment tool and technology platform to support improvements in care,
quality and risk score accuracy programs across more than 400 Healthcare
Clinic at select Walgreens locations.
The convergence of Inovalon’s data-driven patient assessment tool,
Electronic Patient Assessment Solution Suite (ePASS®), and
Healthcare Clinic at select Walgreens creates a unique offering within
the health plan and retail clinic industry. With the implementation,
Inovalon’s analysis of more than 8.3 billion medical events brings
analytic insights to Healthcare Clinic programs.
“By integrating data analytics, we can gain even deeper insights to help
improve patient care and, ultimately, outcomes,” said Heather Helle,
divisional vice president, Healthcare Clinic. “We continue to expand the
scope of services, capabilities and footprint at Healthcare Clinics.
These types of innovative solutions enable our nurse practitioners and
physician assistants to play an increasingly important role as part of a
patient’s care team.”
Healthcare Clinic at select Walgreens improves members’ choice,
providing a convenient, community-based access point for member
assessments versus the traditional in-home model.
The combination of Inovalon’s advanced analytics and Healthcare Clinic’s
nurse practitioners and physician assistants, as well as its laboratory
and immunization resources, provides a superior solution to health
plans, ACOs and integrated care delivery organizations seeking to
achieve goals in improving quality outcomes, and risk score accuracy.
“Bringing advanced analytics to the point of care in real time is a
powerful benefit for patients being seen in today’s highly complex
health care environment,” said Keith Dunleavy, M.D., president and chief
executive officer of Inovalon. “We are proud to be working with
Walgreens on this industry leading initiative, supporting its commitment
to improve health care outcomes for Healthcare Clinic partners and
patients nationwide.”
Inovalon’s ePASS system delivers a patient assessment tool with
individualized predictive analytics to the point of care, supporting
advanced insight and efficient resolution of gaps in quality, care,
patient assessment, documentation, and risk score accuracy. The risk
score models of Medicare Advantage, Commercial Health Insurance
Exchange, and state managed Medicaid are each supported within the ePASS
system. Similarly, the industry’s wide array of quality outcomes
programs including HEDIS®, CMS Stars, state Medicaid
programs, and commercial accreditation requirements of NCQA and URAC are
supported within the platform provided at Healthcare Clinic at select
Walgreens locations.
About Walgreens
As the nation's largest drugstore chain with fiscal 2013 sales of $72
billion, Walgreens (www.walgreens.com)
vision is to be the first choice in health and daily living for everyone
in America, and beyond. Each day, Walgreens provides more than 6 million
customers the most convenient, multichannel access to consumer goods and
services and trusted, cost-effective pharmacy, health and wellness
services and advice in communities across America. Walgreens scope of
pharmacy services includes retail, specialty, infusion, medical facility
and mail service, along with respiratory services. These services
improve health outcomes and lower costs for payers including employers,
managed care organizations, health systems, pharmacy benefit managers
and the public sector. The company operates 8,200 drugstores in all 50
states, the District of Columbia, Puerto Rico and the U.S. Virgin
Islands. Take Care Health Systems is a Walgreens subsidiary that is the
largest and most comprehensive manager of worksite health and wellness
centers, provider practices, and in-store convenient care clinics, with
more than 750 locations throughout the country.
About Inovalon, Inc.
Inovalon is a leading technology company that combines advanced data
analytics with highly targeted interventions to achieve meaningful
impact in clinical and quality outcomes, utilization, and financial
performance across the healthcare landscape. Inovalon’s unique
achievement of value is delivered through the effective progression of
Turning Data into Insight, and Insight into Action®. Large
proprietary datasets, advanced integration technologies, sophisticated
predictive analytics, and deep subject matter expertise deliver a
seamless, end-to-end platform of technology and nationwide operations
that bring the benefits of big data and large-scale analytics to the
point of care. Driven by data, Inovalon uniquely identifies gaps in
care, quality, data integrity, and financial performance – while also
bringing to bear the unique capabilities to resolve them. Touching more
than 540,000 physicians, 220,000 clinical facilities, and more than 140
million Americans, this differentiating combination provides a powerful
solution suite that drives high-value impact, improving quality and
economics for health plans, ACOs, hospitals, physicians, patients, and
researchers. For more information visit www.inovalon.com.
Copyright Business Wire 2014