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Wednesday, November 29, 2023
HomeHealthcareHealth Information ExchangeFinding a Little More Value across the Healthcare Expanse

Finding a Little More Value across the Healthcare Expanse

The human arsenal has gone on to show some really valuable skills over the years, but if we are being honest, it hasn’t displayed anything more valuable than our tendency to get better under all possibilities. This tendency, in particular, has allowed us to hit upon some huge milestones, with technology appearing as a major part of the stated group. The reason why technology has always enjoyed a notable presence in our lives stems from the creation’s unprecedented assortment of offerings, offerings that we couldn’t have conceived otherwise. However, the whole runner was also, at the same time, inspired by the way we used those skills in a real-world setting. In fact, it was the latter component that gave technology a spectrum-wide presence, including a well-timed appearance on our healthcare block. Technology’s foray into healthcare was so perfectly-timed because it came right during sector’s struggle against its own obsolete structure. This reality, of course, went through a complete overhaul under the new regime, but even after realizing such a huge achievement, the medtech concept will continue bringing all the right goods to the table. The same has only turned more and more evident over the recent past, and it should be looking to take another big step on the back of a newly-launched initiative.

Yuvo Health is officially launching an initiative, which will see the company partner with the Primary Care Development Corporation (PCDC), a community development financial institution and nonprofit focused on advancing health equity, to help FQHCs in achieving a more value-based brand of care. Federally qualified health centers (FQHC) are a government vehicle to provide low-cost care, but they have always lacked the structure and capacity to instill a certain amount of value in their services. Hence, Yuvo will work alongside PCDC to develop training programs and special support resources that will be geared towards improving these centers on an operational level. While the New York-based company will focus on equipping the stated facilities with administrative and managed care contracting services, PCDC is expected to ensure optimal provider engagement from a holistic standpoint,  Talk about Yuvo’s administrative services solution, it is specifically designed to make FQHC smarter, and yet more patient-focused. It does so by taking on responsibilities like data aggregation and analytics, data analysis and reporting, risk adjustment, coding and care coordination. Beyond that, the company’s managed contracting engine is also there to assist the accredited health centers in accessing contracts aligned with their needs.

“Our partnership with Yuvo Health enables us to access their built scale and infrastructure to qualify for value-based care opportunities that would have otherwise been unavailable to us on our own,” said James Powell, CEO of Long Island Select Healthcare, one of Yuvo’s FQHC partners. “We’re leveraging their population health and broader managed services team every day — whether through specific quality initiatives, more efficient coding and documentation or streamlined data-systems integrations.”

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