Healthcare Magazine November 2017 | Page 62

NEW CENTURY HEALTH

It ’ s an exciting time in the US healthcare industry . Technology solutions are driving innovation and more and more health plans and providers are departing from the traditional ‘ fee-for-service ’ healthcare model . By paying healthcare providers for keeping people healthy rather than for the cost of their treatment , the new ‘ value-based ’ models puts an emphasis on long-term outcomes and high-quality , cost-effective care .

It seems that no company is at the forefront of this growing transition like New Century Health , a healthcare service provider based in Wellesley , Massachusetts . Under the direction of Shashi Tripathi , Senior Vice President of Technology and Operational Innovation , the company provides pioneering digital tools which help healthcare professionals in a rapidly evolving digital and clinical landscape .
“ We are a specialist business which focuses specifically on cardiology and oncology ,” explains Tripathi , “ and our aim is to really connect the three important players in healthcare - specialist providers , healthcare payers and , of course , the patient .
Our goal is that by connecting these three stakeholders we can deliver the highest specialty care to the patients in a really cost-effective way .”
Benefiting all stakeholders New Century Health offers innovative technology , clinical , and analytical solutions which enable high-quality , value-based healthcare . These include solutions such as a pointof-care clinical decision support platform that ’ s integrated into the physician ’ s practice ; and offers evidence-based treatment pathways , physician referral management , and access to clinical quality data .
Now celebrating its 15th year of success , the company ’ s business model is an innovative one which delivers for all stakeholders ; it reduces the unnecessary variation in care that patients receive , lowers the cost of healthcare , and eases the administrative burden placed on doctors and hospitals . “ Physicians and payers are really happy with the model we provide and that ’ s the main reason we have been so successful and continue to grow , says Tripathi .
62 November 2017