Archway Health, an innovator with healthcare organizations and self-insured employers in risk-based payment programs, announced that it has been rated the top convener technology solution for bundled payment programs, as outlined in a report by Chilmark Research. Archway received an A from Chilmark, a healthcare industry analyst firm, for its technology tools, earning Archway the highest rating among convener organizations taking risk with providers in bundled payment programs.
For provider organizations to succeed in value-based care models, particularly bundled payments, they need access to best-in-class tools for day-to-day care management, patient engagement and outreach, and analytics that deliver clear, actionable insights, said Tony Cheng, Archways Co-founder and Chief Technology Officer. For the past five years, our product team has been working to constantly improve our tools based on user feedback and were honored to be recognized by Chilmark, a trusted industry leader, for the value we provide to our clients.
Archways technology suite includes Archway Analytics and Archway Carelink, which can be used as stand-alone tools or in tandem with Archways value-based care advisory services. With the analytics platform, providers can model program opportunities, make bundle selections, and continuously monitor performance in order to make clinical process improvement decisions. Archway Carelink is a real-time patient tracking tool that allows care management teams to monitor episodes and enable more efficient clinical intervention.
Since being reviewed for the Chilmark report, Archway has made significant additional investments across the business, resulting in a five-fold growth in its client base, and an expansion of its services and offerings, including a new suite of provider and self-insured employer stop-loss products in partnership with an A-rated insurance carrier. Additionally, Archway has bolstered its team, hiring a Chief Operating Officer and expanding its clinical team with new leaders in Clinical Services and Care Management.
Archways technology suite and advisory services are deployed within leading healthcare providers and systems across the continuum of care, including organizations participating in the Centers for Medicare & Medicaid Services Innovation bundled payment programs such as the BPCI Advanced program, Oncology Care Model (OCM), Comprehensive Care for Joint Replacement (CJR), and Accountable Care Organizations. A new BPCI Advanced open enrollment window will commence in the Spring, according to CMS, for the second cohort of providers to join BPCI Advanced with a program start date of January 1, 2020.
To schedule a demo of Archways technology suite, contact Ben Gardner at [email protected].
About Archway Health
Archway Health, founded in 2014 and built on a deep foundation of healthcare payment reform expertise, works with providers and employers to design and execute care and risk management initiatives that improve care and reduce costs. Archway currently works with leading healthcare providers participating in all types of risk-based contracts including Medicare, self-insured employers, commercial payers, and CMS Innovation bundled payment programs such as the Bundled Payment for Care Improvement (BPCI) Advanced, Oncology Care Model (OCM), and the Comprehensive Care for Joint Replacement (CJR). To support these programs, Archway works with organizations to analyze their opportunities and risks by leveraging its comprehensive platform of analytics, patient tracking tools, Value-Based Risk Protection stop-loss program, and advisory services. For more information, please visit www.archwayhealth.com.