Independent Research Firm Cites Arcadia as a Strong Performer in Healthcare Analytics, Q4 2018
Arcadia has the highest scoring current offering in the Healthcare Analytics evaluation, earning top scores in solution architecture and user experience
Burlington, MASS. (December 4, 2018) — Arcadia.io announced today that independent research firm Forrester ranked its population health management platform Arcadia Analytics as the top in the current offering category in their Healthcare Analytics evaluation.
Arcadia was among the select companies that Forrester invited to participate in its evaluation, “The Forrester Wave™: Healthcare Analytics, Q4 2018: The 11 Providers That Matter Most and How They Stack Up”. In this evaluation, Arcadia was cited as a Strong Performer and was given the highest scores in the solution architecture and user experience criteria across all evaluated vendors. The report evaluated 11 of the most significant healthcare analytics providers.
“Arcadia.io is the best fit for mid- to large-size providers and health plans entering or taking on risk in value-based care payment models,” wrote Arielle Trzcinski, senior analyst at Forrester in the report. “These organizations will benefit from its analytics capabilities and broad solution portfolio.”
“We are gratified by Forrester’s recognition of our product strength,” said Sean Carroll, chief executive officer at Arcadia. “We have invested heavily in cutting-edge technologies that help drive real outcomes for our customers. Our cloud-based distributed computing platform derives insights from healthcare Big Data and delivers actionable information to different users where and when they need it. We have been laser-focused on building the capabilities that large healthcare enterprises need to achieve financial success in value based care.”
“Arcadia.io provides features that support multiple roles in an organization, spanning data gurus to executives,” wrote Trzcinski. “Strengths include data acquisition and data exchange along with the ability to connect directly to EHR data stores and to push insights to the provider through a contextual application that automatically opens the same patient record across Arcadia.io and an EHR.”
“Real improvement in care quality, utilization, and risk documentation comes from individual providers making informed decisions with individual patients in the exam room,” explains Rich Parker, MD, the chief medical officer at Arcadia.io. “But those physicians want to spend the visit focused on the patient in front of them rather than switching back and forth between the EHR and an analytics platform. Our desktop app and APIs provide rich patient context within the provider’s preferred workspace.”
“By investing in our technology and aligning analytics with existing workflows for clinicians and administrators alike, health systems can finally see success with population health,” continued Parker. “We believe this was key to the industry leading outcomes our customers have achieved, be it the $90M in savings our customers generated in the MSSP program, or the 81% improvement in in-visit diagnosis capture customers have achieved when focusing on more accurately documenting HCC and commercial risk.”
For a complimentary copy of the report from Forrester, please visit arcadia.io.
Arcadia.io (www.arcadia.io) is a population health management company, specializing in data aggregation, analytics, and workflow software for value based care. Our customers achieve financial success in their risk-sharing contracts through Arcadia’s focus on creating the highest quality data asset, pushing expertly derived insights to the point of care, and supporting administrative staff with data when and where they need it with applications including care management and referral management. Arcadia has off-the-shelf integration technology for more than 40 different physical and behavioral health EHR vendors, powered by machine learning that combs through variations in over 35 million longitudinal patient records across clinical, claims and operational data sources. Arcadia software and outsourced ACO services are trusted by some of the largest risk bearing health systems and health plans in the country to improve the bottom line. Founded in 2002, Arcadia is headquartered outside Boston in Burlington, MA, with offices in Seattle, Pittsburgh, and outside Chicago in Rockford, IL.
Alyssa Drew, Director of Strategic Marketing at Arcadia.io