Spatially Health Launches Digital Health 90-Day Equity Equalizer Pilot

Spatially Health, a cloud-based technology company focused on pioneering new methods in geospatial analytics and location intelligence to better understand and improve social determinants of health (SDOH), has announced the launch of its 90-day pilot program for risk-based organizations including ACOs, MCOs, and MA organizations.

The program will help organizations meet CMS’s new compliance requirements: developing an equity plan and streamlining data collection. To achieve its goal of improving equity, CMS’s new compliance requirements come with some financial incentives as part of the ACO REACH program. The financial incentives include a new benchmark adjustment along with some benefit enhancements.

The Spatially Healthy Equity Equalizer Platform gives providers 90-day access to Spatially’s essential data intelligence, including prioritized interventions by SDOH risks, and cost savings.

As risk-based organizations begin to recognize that SDOH act as a comorbidity and raise costs significantly while leading to poor health outcomes, the need for SDOH data collection and analysis continues to rise. Achieving compliance with new CMS requirements demands a sophisticated and technical approach, Spatially Health’s platforms offer organizations the ability to lower compliance and financial risks. At the same time, improving the quality of health outcomes for the vulnerable population, while monitoring outcomes and survey results to refine equity plans and stay compliant.

Recommended AI News: Prisma Cloud Delivers Context-Aware Software Composition Analysis to Secure Deployment of Open Source Software

Benefits of the Equity Equalizer Pilot Program for organizations:

• Incorporating critical SDOH data into everyday workflows
• Building a health equity plan
• Streamlining new data collection requirements
• Retaining high-quality measures
• Prioritizing SDOH interventions and their impact on maximizing cost savings.

How Spatially Health Works:

Spatially Health is an SDOH expert. The company’s Equity Equalizer Platform encapsulates expertise and helps risk-based organizations lower compliance and financial risks while improving the quality of health outcomes for vulnerable populations. Spatially Health also provides strategic guidance and recommendations for value-based care by mitigating the gap between the new equity plan requirements and the lack of tools to meet the new quality standards.

Spatially Health’s cloud-based platform ties SDOH factors to health outcomes and costs. The platform’s proprietary models leverage location intelligence and spatial analytics that go beyond ZIP codes and provide granular patient insights at the hyper-local level. Spatially helps identify and quantify SDOH risks at the individual level, guiding decision makers on where and how to allocate resources to maximize positive impact and promote equity.

Recommended AI News: HUB International Embeds Auto Insurance into Wayne Reaves Auto Dealer Management Software

As health equity becomes a top priority, risk-based organizations benefit from including equity measurements in their ongoing risk management. Spatially Health is able to provide scores and critical indicators to account for the dynamic conditions attributed to location, demographics, services, needs, and costs tailored to specific markets. The Spatially Health platform is designed to quickly capture data fields that generate insights and recommendations specific to the provider’s patient population.

Spatially Health is easily integrated with an organization’s existing platform​ by combining all relevant data points, along with SDOH data and existing data, to provide companies with a holistic view of their patients.

“Risk-based organizations need to take seriously the idea that SDOH is a comorbidity that raises costs significantly and leads to poor health outcomes. There is no assurance that the financial incentives CMS provides to address the needs of vulnerable populations will cover these additional costs. Without a data-driven approach on how to apply these additional financial resources, risk-based organizations are almost guaranteed to lose money while not actually improving the quality of health outcomes!” said Hillit Meidar-Alfi, Ph.D. CEO of Spatially Health.

The future of healthcare will depend on comprehensive approaches to patients and populations that include medical, financial, and social determinants of health. We are here to make that happen,” said Meidar-Alfi.

Recommended AI News: New Slack Innovations and Salesforce Customer 360 Integrations Unlock Team Productivity, Adding Value to the Digital HQ

[To share your insights with us, please write to sghosh@martechseries.com]