AI value-based care platform buys division of data analytics company Arcadia

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GuideHealth, an AI-enabled value-based care supplier for well being techniques, introduced it acquired healthcare knowledge analytics firm Arcadia’s value-based care providers division and managed providers group.

The corporate additionally introduced it signed an settlement with Arcadia to leverage its knowledge analytics platform to energy the acquired choices, which is able to work along with its predictive and generative AI.

GuideHealth’s value-based care platform gives suppliers AI insights into which sufferers want particular care earlier than a preventable well being occasion, digital well being guides for affected person/supplier and group connection and engagement, and instruments for workflow.

Arcadia’s managed providers group offers suppliers instruments for community administration, overseeing preauthorization, managing funds, and bettering processes relating to go to entry and referrals. 

“Our acquisition of the MSO considerably accelerates our plans to take the groups’ experience with referral administration, prior authorizations, and utilization administration and supercharge it with knowledge, know-how and AI. This addresses lots of the challenges at present confronted by well being techniques and their community suppliers and enhances the value-based care outcomes we create for our clients,” Dr. Sanjay Doddamani, founder and CEO of GuideHealth, advised MobiHealthNews in an e-mail. 

“We imagine this distinctive mixture will stabilize well being techniques funds and create a robust basis for improved affected person outcomes and entry.” 

THE LARGER TREND

Earlier this 12 months, Arcadia raised a whopping $125 million in funding. In 2020, the corporate garnered ​​$29.5 million in growth equity investment.

In September, Arcadia launched a generative AI assistant to generate insights from knowledge on the level of care. It makes use of massive language fashions (LLMs) powered by OpenAI and analyzes affected person data to present suppliers insights into healthcare utilization patterns, develop care plans and extra. 

Earlier this month, Hippocratic AI, a generative AI firm creating safety-focused LLMs for healthcare, introduced the launch of its Early Entry Partnership Program to help the event of its know-how. GuideHealth was one of the Early Access Partners. The corporate mentioned the partnership permits it to get wellness and medical updates from sufferers immediately from sufferers. 

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