Signify Health Creates Value-Based Care Partner Ecosystem
Signify Health Inc., a company focused on analytics to power value-based payment programs, has launched a partner ecosystem with seven companies.
Dallas-based Signify (NYSE: SGFY) works with accountable care organizations on the optimization of post-acute care and helps with the transitions of care.
In creating the new ecosystem, the company said its initial focus is on partner technologies and services that support behavioral health, remote patient monitoring, social determinants of health, member engagement, distribution channels to employers, and care optimization. Among the inaugural program partners are:
• Medalogix: A data science and machine learning company leveraging innovative technologies that enable home health and hospice clinicians to provide the right care at the right time, improving outcomes and reducing cost to the healthcare system.
• Quartet Health: A company that works with health plans, systems, and provider groups to deliver speed to quality mental health care for all. Puneet Singh, CEO of Quartet Health, noted that the partnership would allow Signify’s clinical services team to be able to leverage Quartet’s secure technology platform to monitor patient progress in service of their whole health.
• ReferWell: A health technology software and service company focused on driving efficient care transitions to get more people to preventive care and specialist visits.
Other initial partners include HealthComp, Population Health, Center Health and Patient Bond.
Signify said the partners are complementary its current services, helping to further identify and close gaps in care. For these partners, Signify delivers an opportunity to expand their reach through a platform that engages more than 1.4 million people each year through Signify Health’s in-home health evaluations. (In November 2021 Healthcare Innovation spoke with Marc Rothman, M.D., chief medical officer at Signify Health, about some of the benefits he has seen as his organization partners with Medicare Advantage plans to provide in-home evaluations to thousands of members.)
Additionally, partners have an opportunity to participate in episodes of care programs managed by Signify Health. Through CMS’s bundled payment program and other episodes of care programs, the company has managed more than 1 million cumulative episodes.
Signify Health said the new program partners share its commitment to closing care gaps, advancing healthcare’s shift to value, and helping people live more healthy, happy days at home. They were selected based on their ability to improve health outcomes in one or more fundamental ways: for example, activating the home as a key site for care and recovery; equipping value-based providers with the right insights, tools, and support to take on risk; and supporting a whole-person approach to care that integrates clinical, social, and behavioral factors.
“It has been uplifting to see how much innovation is happening to both enable healthcare around the home and community and to support value-based care,” said Signify Health CEO Kyle Armbrester in a statement. “Developing a partner ecosystem with solutions that connect care and drive alignment among providers is critical for us to deliver a more integrated experience. We are proud to work with partners who share that vision and are eager to see the innovation resulting from this program.”