Humana and Epic to Enhance Patient, Provider and Payer Collaboration
June 11 2019 - 8:00AM
Business Wire
Collaboration to Provide Better Data, Insights
and Experience for Patients and Providers at Point-of-Care
Humana Inc. (NYSE: HUM), a leading health and well-being
company, and Epic, the most widely-used comprehensive health record
system, today announced an agreement that will integrate
technologies to enhance patient, provider and payer access to
health information. Humana is the first national healthcare insurer
to collaborate with Epic to bring together patients, providers, and
payers to power value-based care.
Humana and Epic are advancing interoperability to promote open
communication and information transparency that will give patients
and their practitioners integrated and real-time access to the
patients’ medical history, health insights and treatment options,
which, in turn, enables cost reduction, improves quality and
increases patient satisfaction.
“The nexus of these technologies will both improve the provider
experience and patient access to care by empowering them to weigh
evidence-based outcomes with patients’ individual medication cost
and coverage,” said Alan Wheatley, president of Humana’s retail
segment. “It’s estimated that roughly half of Humana Medicare
Advantage members already see a doctor who uses Epic’s platform, so
we are excited about the significant number of patients that will
benefit from this partnership.”
To enhance the prescribers experience, Humana will integrate its
Real-Time Benefits Check (RTBC) tool, IntelligentRx, directly into
Epic’s e-prescribing workflow, delivering real-time pharmacy data
throughout its network.
“The integration of IntelligentRx’s decision-making platform
with Epic’s product empowers physicians and their patients to make
treatment decisions together, based on efficacy and cost
transparency. When prescribers use IntelligentRx and they are
presented with alternatives, we find that they select the more cost
effective treatment nearly 40% of the time,” said Scott Greenwell,
president of Humana Pharmacy Solutions.
Integrating these technologies will improve the timeliness and
accuracy of Humana-generated knowledge, ease administrative burden,
and help providers make the best decisions for patients at the
point-of-care through the delivery of timely, meaningful member
insights. The model should:
- Increase the breadth, quality, and
timeliness of data exchange to better track quality measures and
improve the breadth of member insights;
- Reduce cost and improve the extent of
specialty care by surfacing quality and cost information to
providers as they make referral decisions at the
point-of-care;
- Improve medication adherence by
presenting medication alternatives with cost information to
providers while they prescribe;
- Improve provider access to claims to
support monitoring of value‐based arrangement performance; and
- Reduce burden on providers and improve
timeliness for prior authorization decisions.
“This transformative relationship brings together the provider,
the payer, and the patient in new ways so they’re all working from
the same playbook,” said Alan Hutchison, Vice President of
Population Health at Epic. “The relationship is also about aligning
information to reduce the administrative burden on providers and
improve quality and transparency for patients.”
About Humana
Humana Inc. is committed to helping our millions of medical and
specialty members achieve their best health. Our successful history
in care delivery and health plan administration is helping us
create a new kind of integrated care with the power to improve
health and well-being and lower costs. Our efforts are leading to a
better quality of life for people with Medicare, families,
individuals, military service personnel, and communities at
large.
To accomplish that, we support physicians and other health care
professionals as they work to deliver the right care in the right
place for their patients, our members. Our range of clinical
capabilities, resources and tools – such as in-home care,
behavioral health, pharmacy services, data analytics and wellness
solutions – combine to produce a simplified experience that makes
health care easier to navigate and more effective.
More information regarding Humana is available to investors via
the Investor Relations page of the company’s web site at
www.humana.com, including copies of:
- Annual reports to stockholders
- Securities and Exchange Commission
filings
- Most recent investor conference
presentations
- Quarterly earnings news releases and
conference calls
- Calendar of events
- Corporate Governance information
View source
version on businesswire.com: https://www.businesswire.com/news/home/20190611005333/en/
Marina Renneke, APRHumana Corporate
Communications602-760-1758mrenneke@humana.com
Humana (NYSE:HUM)
Historical Stock Chart
From Mar 2024 to Apr 2024
Humana (NYSE:HUM)
Historical Stock Chart
From Apr 2023 to Apr 2024