Frost and Sullivan Recognizes Company as Tier One for Population Health Management Solutions Market Share
WAYNE, PA – August 3, 2015, Medecision, a leader in population health management solutions for risk-bearing entities, including provider- and payer-sponsored accountable care organizations; hospitals; integrated delivery networks; and commercial and Medicaid, Medicare and Medicare Advantage health plans, today announced the Company has been named in the annual Healthcare Informatics “HCI 100” list of the highest-revenue healthcare IT companies. The Company attributes its growth to provider and payer organizations’ increasing imperative to drive transformative change, share or assume population risk, and create accountability for measurable improvement across the healthcare ecosystem. As Frost and Sullivan’s recent ranking of Medecision as a Tier One Vendor for population health management solutions indicates, demand is growing for Medecision’s flagship platform, Aerial™, which delivers the big data, analytics and workflow applications that serve as the foundation for efficient and scalable care management, care coordination, and population health management.
The Healthcare Informatics “HCI 100” list ranks the leading 100 vendors with the highest revenues derived from healthcare IT products and services earned in the United States. The “HCI 100” is one of the most respected compilations of major healthcare IT companies in the U.S. and has been compiled by Healthcare Informatics for more than 20 years.
“Medecision is proud to be included among the HCI 100. As the U.S. healthcare system embraces shared risk payment models, we are growing our emerging leadership position in population health management,” said Deborah M. Gage, president and CEO, Medecision. “Our customer base has expanded so we now predominantly serve provider-led organizations seeking profitable fee-for-value risk models. For example, a clinically integrated network in the southeast recently chose Aerial to support provider quality benchmarks, while an integrated health system client expanded its use of Aerial to extend care management to its patients.”
Gage continued, “We are also adding to our portfolio with new, innovative applications and features. And, recognizing the significant transformation our customers are experiencing, we are growing our portfolio of consulting services to help them successfully navigate change.”
With the shift from volume- to value-based healthcare taking hold, moving toward better clinical care is no longer optional for care delivery organizations. The recent Frost and Sullivan report, “Care Coordination Software—US Overview and Outlook, 2014–2020: Emerging Technologies to Support Team-Based Patient Care,” underscored the growing need for providers to look beyond health IT tools like EHRs, to solutions that can support coordination, collaboration and population health outcomes. Frost and Sullivan indicates as healthcare organizations prepare for different operating models, their adoption of new health IT platforms and tools will enable their transition to an efficient healthcare ecosystem.
Medecision is ranked as a Tier One vendor within the Frost and Sullivan report, with considerable market share among vendors that offer robust end-to-end solutions that enable care coordination and population health.