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FLAACOs Partners with Hexplora
Partnership Enables Florida ACO Members with Critical Business Intelligence for Performance Under Risk-Based Contracts
August 30th, 2018: The Florida Association of ACOs (FLAACOs), the premier professional organization for Accountable Care Organizations and value-based healthcare leaders throughout Florida, announced today a strategic partnership with Hexplora, a healthcare technology and analytics company with a purpose-built business intelligence platform for ACO performance under risk-bearing contractual agreements.
Through this partnership, FLAACOs and Hexplora will work to enable ACOs across the state with a comprehensive analytic solution to provide financial, clinical and operational healthcare executives with a single-source-of-truth for critical decision making. Hexplora’s fully integrated suite comprised of performance and quality metrics, coupled with predictive and risk management analytics, is served up in an intuitive interface to fit the real-time information requirements and time constraints of busy executives and medical professionals.
With an enterprise-wide data warehouse at its core, Hexplora is both a foundational platform for all ACO reporting requirements as well as the go-to system for support of financial decisions and proactive alerting for actions and interventions in care management programs. Designed to mitigate risk with whole-patient, population and provider trends, the platform’s
factual, trusted and actionable analytics are key to achievement of performance incentives, outcomes measures and resource/cost management initiatives. Additionally, role-based views and drilldown capabilities can enable individual physicians to see overall cost and utilization metrics along with snapshots of their own performance compared to national benchmarks, including hospitalization rates, readmission rates, LOS, ER visits and granular cost data for a truly eye-opening experience.
Nicole Bradberry, CEO of FLAACOS, states “We were truly excited when we learned of the comprehensive scope of analytics provided by Hexplora within its BI platform, packaged in an ideal fashion to fit the needs, budgets, workflow and ROI requirements of our constituents across the state of Florida. With particular sensitivity to the evolving financial, risk and quality requirements associated with both public and private contractual arrangements, Hexplora has developed a solution that will enable our members to gain both the visibility and control they need to prosper in today’s increasingly complex environment.”
“We humbly appreciate the recognition by FLAACOS of the value that the Hexplora platform can bring to its constituency of ACOs across the state of Florida” said Srinivas Pendyala, CEO of Hexplora. “Our team carefully designed and built the platform over several years with a recognition of the flexibility needed for evolving reporting requirements, risk-sharing agreements and responsibilities for patient care and management across the provider and payer communities. Our experience in working with ACOs in other geographical areas around the country have equipped us well to bring the solution to Florida for the benefit of the FLAACOS membership, and I look forward to personally meeting the ACO executives who will be attending the upcoming Annual Conference in October.”
FLAACOs’ mission is to provide members a vehicle to collaborate, ensuring that each healthcare organization grows and thrives. The Florida-based association aligns goals to help member ACOs shift physician incentives and improve healthcare outcomes across the state. FLAACOs provides a voice for the accountable care marketplace and its participating providers, payers, and individual physicians. The goal of FLAACOs is to provide advocacy and support to all Florida accountable care organizations so that together they can become the healthcare models of the future. To learn more, visit www.flaacos.com.
Hexplora is a healthcare technology and analytics company with a purpose-built business intelligence platform for ACO performance. We enable risk-bearing healthcare organizations, both large and small, with a trusted, enterprise-class infrastructure, proactive and actionable analytics and a single-source-of-truth for critical decision making used to improve the clinical, operational and financial performance of our clients and the patients they care for. To learn more, visit www.hexplora.com.