McKesson revealed plans to debut a cloud-based analytics-as-a-service offering at HIMSS17 in Orlando next week. Called HQX Analytics, the service fills a gap for healthcare organizations that are embarking down the path to value-based care and reimbursement.
"The value-based market has reached its tipping point," said Mark McAdoo, vice president of McKesson Health Solutions. "The federal government and commercial programs have moved aggressively forward with these models."
As such, McAdoo added that while the healthcare industry has been talking about value-based payments for some time, McKesson is now seeing a major market develop.
To wit, OptumInsight also said it plans to unveil an analytics-as-a-service offering at HIMSS17, which CEO Bill Miller said consists of data scientists, consultants and new technologies to help customers in the era of population health, precision medicine and value-based care.
McAdoo, who founded HealthQX, which McKesson acquired in 2016, said that its new offering likewise is a commercialization of expertise along with existing and new technologies that can help both payers and providers engage in value-based reimbursement.
McKesson’s portfolio helps customers assess and understand current costs, leverage HCI3 episodes of care definitions, analyze a provider’s data and run benchmarks to assess performance — all to help them prepare for discussions with payers.
"The secret sauce," McAdoo said, "is having access to the right data and claims information to support retrospective claims, episodes of care, cost and quality."
And as the market shifts from what McAdoo described as a retrospective approach to bundled payments, McKesson is developing a prospective platform.
"What we envision in the future is the integration of our HealthQX entire product portfolio tying into that prospective McKesson platform," McAdoo said.
McKesson will be in Booth 3479.
HIMSS17 runs from Feb. 19-23, 2017 at the Orange County Convention Center.
This article is part of our ongoing coverage of HIMSS17. Visit Destination HIMSS17 for previews, reporting live from the show floor and after the conference.
