WellSky, a leading global health and community care technology company, today announced the formation of WellSky REACH — a new initiative to help post-acute and personal care providers more effectively collaborate with health payers and risk-bearing health systems. WellSky is proactively partnering with three leading post-acute providers — Intrepid USA Healthcare, Concierge Home Care, and Healthy Living Network — that all see a clear and previously unmet need for powerful insights, software, and services to connect and share risk with large payers.
WellSky REACH — which stands for Risk-Enabled, Analytical, and Coordinated Healthcare — is a comprehensive suite of EHR-agnostic capabilities that leverages WellSky’s payer expertise and advanced predictive analytics. By combining powerful technology with an accessible network of post-acute care providers, WellSky REACH will empower intelligent, value-based care coordination across historically siloed healthcare stakeholders.
“Today, 1 out of every 3 post-acute patients is a member of a Medicare Advantage plan. That number is expected to increase to 1 in 2, which will cause a dramatic shift in how providers work with payers,” said Bill Miller, CEO of WellSky. “To succeed in this new paradigm, post-acute providers will need advanced capabilities that traditional technology vendors have not provided. With WellSky REACH we’re changing that by partnering with some of the nation’s most innovative providers to develop solutions that allow providers to better manage care and successfully enter performance-based agreements.”
Historically, advancements in care delivery and coordination have been hindered by an infrastructure with limited interoperability. To solve for this, WellSky recently announced the launch of WellSky I/O — a new interoperability framework that powers WellSky’s enterprise solutions. Enabled by WellSky I/O, the REACH suite of solutions will equip caregivers with valuable insights that drive the right interventions at the right time to elevate clinical outcomes, improve patient satisfaction, and lower costs.
WellSky REACH is being developed in partnership with Julio Quiñones, CEO of Healthy Living Network; Linda Murphy, CEO of Concierge Home Care; and John M. Kunysz, Jr., MBA, CPA, FACHE, CEO of Intrepid USA Healthcare. The REACH initiative is designed to help providers, payers, and health systems collaborate on longitudinal care plans using predictive analytics to:
- Provide powerful analysis and reporting to successfully structure, evaluate, and deliver on performance-based contracts;
- Deliver visibility into key social determinants of health and bolster clinical outcomes by addressing non-clinical barriers to health and wellness;
- Coordinate care to help providers succeed in performance-based contracts; and
- Empower providers to better support payers in improving key star and chronic condition results, enriching the value of post-acute care for Medicare Advantage payers.
“WellSky’s leaders have consistently distinguished themselves with their vision of elevating the value of post-acute care to payers and risk-taking health systems,” said Kunysz. “We’re dedicated to building the future of value-enabling technology and insights alongside the WellSky team, and we believe this partnership will differentiate us as we build relationships with payers and enter value-based agreements in the future. The interoperability advancements and leadership position that WellSky brings enables these new models of care and makes the patient experience based upon our Concierge Family Medical HomeCare Continuum a reality.”
For more information, visit WellSky.com/Reach.
WellSky is a technology company advancing human wellness worldwide. Our software and professional services address the continuum of health and social care — helping businesses, organizations, and communities solve tough challenges, improve collaboration for growth, and achieve better outcomes through predictive insights that only WellSky solutions can provide. WellSky is leading the movement for smarter, whole-person care with a visionary approach that addresses individuals’ unique health and social circumstances. A portfolio company of TPG Capital, WellSky serves more than 10,000 client sites around the world — including the largest hospital systems, blood banks and labs, home health and hospice franchises, government agencies, and human services organizations. Informed by more than 30 years of providing software and expertise, WellSky anticipates providers’ needs and innovates relentlessly to help people thrive. Our purpose is to empower care heroes with technology for good, so that together, we can realize care’s potential and maintain a healthy, flourishing world. For more information, visit WellSky.com.