The World Economic Forum reports 97% of healthcare data goes unused. Addressing this gap, the digital healthcare company Innovaccer, Inc. is leveraging Wolters Kluwer’s Health Language Platform to empower health plans, life science companies, and provider organizations to enrich disparate data on the Innovaccer platform. With Wolters Kluwer data quality tools, Innovaccer can provide meaningful clinical, financial, and operational insights for improving patient care.
Curating a 360° view of patient data to advance value-based care
Normalizing healthcare data sources to create one, accessible, 360° view of the patient can be difficult and time-consuming. To meaningfully use clinical records for providing insights requires normalizing structured and unstructured data to terminology standards in order to minimize inconsistencies in meaning. Working with the Health Language terminology services platform, Innovaccer can harmonize information from disparate data sources and create high-quality codified patient data.
“There’s a lot of dirty data in healthcare, and yet, organizations often cannot aggregate, organize, normalize, or maintain it to realize its full potential and impact,” said Kanav Hasija, Co-founder and Chief Product Officer at Innovaccer. “Building on our ability to bring these data sources together on one platform, our collaboration with Wolters Kluwer enables us to deliver even more value from this data as our customers scale. This includes typical end-use applications such as risk adjustment or population health initiatives, but these insights will also be available as a FHIR API for other platforms across the industry.”
Innovaccer has helped its customers unify health records for more than 54 million lives and generated over $1.5B in cumulative cost savings. Recognized by KLAS® and Gartner®, the Innovaccer data platform is designed to accelerate innovation in healthcare. Its mission is to connect and curate the world’s healthcare information to make it accessible and useful—so everyone in healthcare can care as one. Together with Wolters Kluwer, Innovaccer is focused on transforming care delivery and working collaboratively with payers, providers, and life sciences companies.
“Buried among billions of disconnected and fragmented healthcare data points may be critical discoveries for better care,” said Anne Donovan, Vice President and General Manager, Health Language, Wolters Kluwer Health. “Combining our clinically backed data tools with Innovaccer’s data platform allows organizations to harness their data to the fullest extent. With good data harmonized to industry standards, providers, health plans, and vendors can easily extract insights that can ultimately power better health.”
Wolters Kluwer is a global leader in information, software, and services for professionals in healthcare, tax and accounting, financial and corporate compliance, legal and regulatory, and corporate performance and ESG. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with specialized technology and services.
SOURCE: Businesswire