Innovaccer, a healthcare analytics company based in Silicon Valley, launched its new Healthcare Model Evaluator tool.
The goal with the tool is "to assist providers in quantifying the financial benefits, calculating their risk bearing capabilities, and maximizing their outcomes under various value-based reimbursement models," according to a news release.
Innovaccer said in the release the Healthcare Model Evaluator specifically absorbs dependent variables and is able to analyze value-based reimbursement models such as Merit-based Incentive Payment System, Chronic Care Management, Comprehensive Primary Care Plus and Medicare Shared Savings Program.
"In the era of value-based care and a quality-focused healthcare landscape, there is a growing demand for definitive, concrete data that can drive strategic operations that help healthcare organizations bring about a health care reform. After the success of our MIPS Calculator, we realized the need for more understanding of models available to deliver quality, enhance performance and reduce costs," said Sandeep Gupta, co-founder and COO of Innovaccer.
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