- Optum improves care coordination, patient engagement and
total cost of care
- Makes it a valued partner for health care systems
worldwide
SANTA CLARA, California,
Dec. 4, 2018 /PRNewswire/
-- Based on its recent analysis of the North America population health management
(PHM) market, Frost & Sullivan recognized Optum with the 2018
North America Company of the Year Award for its strong focus on
next-generation PHM solutions. World-class PHM solutions from Optum
help care provider organizations and health plans improve their
clinical and financial performance in both fee-for-service and
fee-for-value environments.
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Optum earned recognition in the PHM market with its integrated
analytics and care coordination platforms, its expert advisory
services and clinical services that augment client capabilities. It
also offers services to support clinical programs, pharmacy care
and revenue cycle performance, serving the entire spectrum of
stakeholders including health plans, care providers, employers,
life sciences companies, government agencies and consumers.
"Optum's excellence in PHM and the incorporation of
patient-specific medical, pharmacy, social and behavioral
indicators to develop a holistic view of the patient's medical
records, instead of merely focusing on a single episode of care, is
a core market differentiator," said Koustav Chatterjee, industry
analyst at Frost & Sullivan. "It promotes cost-effective PHM
through the rapid identification and management of diverse
populations, targeted engagement, and personalized and relevant
actions."
"We are honored to be recognized because it shows that Optum is
pursuing its mission of helping people live healthier lives and
making the health system work better for everyone," said
Robert Musslewhite, CEO and
president of Optum Analytics. "Modernizing health care is
highly possible with advanced, information-enabled health systems
and integrated coordination of care."
With a foundation of millions of de-identified claims, consumer
and clinical data, Optum leverages its rich data set to understand
how to most effectively manage care and cost across a broad network
and at the individual level. Tailored clinical and technical
expertise from Optum helps identify the factors required for
PHM-led interventions and formulation of care plan roadmaps. Its
flexible, innovative and end-to-end PHM solutions, infused by
OptumIQ™, enhance customer satisfaction. Its solutions enable it to
address market demands such as data management, clinical quality,
provider network management, care coordination and patient
engagement.
"Optum offers diverse, yet targeted, solutions adapted to the
value-based care needs of market participants, enabling the
successful navigation of next-generation PHM. The company also has
an early-mover advantage as PHM vendors begin branching out to
deliver managed service, including outsourced actuarial services,
technology and analytics functions, and care management programs,"
said Chatterjee. "Overall, Optum's end-to-end approach effectively
employs industry-leading technology and best practices to evaluate
users' current health, prioritize solutions, and ensure robust
clinical execution to implement a proven PHM 2.0 plan. This
strategy will create internal and operational efficiencies that
drive revenue growth and enhanced decision-making for all
stakeholders."
Each year, Frost & Sullivan presents a Company of the Year
award to the organization that demonstrates excellence in terms of
growth strategy and implementation in its field. The award
recognizes a high degree of innovation with products and
technologies, and the resulting leadership in terms of customer
value and market penetration.
Frost & Sullivan Best Practices awards recognize companies
in a variety of regional and global markets for demonstrating
outstanding achievement and superior performance in areas such as
leadership, technological innovation, customer service and
strategic product development. Industry analysts compare market
participants and measure performance through in-depth interviews,
analysis and extensive secondary research to identify best
practices in the industry.
About Optum
Optum is a leading information and
technology-enabled health services business dedicated to helping
make the health system work better for everyone. With more than
145,000 people worldwide, Optum delivers intelligent, integrated
solutions that help to modernize the health system and improve
overall population health. Optum is part of UnitedHealth Group
(NYSE:UNH). For more information, visit www.optum.com.
About Frost & Sullivan
Frost & Sullivan, the
Growth Partnership Company, works in collaboration with clients to
leverage visionary innovation that addresses the global challenges
and related growth opportunities that will make or break today's
market participants. For more than 50 years, we have been
developing growth strategies for the global 1000, emerging
businesses, the public sector, and the investment community.
Contact us: Start the discussion.
Contact:
Claudia Toscano
P: 210.477.8417
F: 210.348.1003
E: claudia.toscano@frost.com
Brad Lotterman
Optum
P: 714-445-0453
E: Brad.lotterman@optum.com