Antidote Health Selects nirvanaHealth’s Aria Platform to Power its Anticipated Launch of Insurance Plans on the ACA Exchange
March 29 2023 - 08:08AM
Business Wire
Telehealth leader Antidote Health to Leverage nirvanaHealth’s
Enterprise Solutions and Automations to Execute on a Bold Vision
for Growth and Excellence
Antidote Health, a leading telehealth company, has chosen
nirvanaHealth’s Aria platform to power its backend operations as it
transforms the future of health care. With nirvanaHealth, Antidote
Health will be able to support its ambitious mission to provide
accessible and affordable healthcare to all Americans.
nirvanaHealth will provide Antidote Health with payer business
services and operate as its full-service pharmacy benefit manager
(PBM), enabling Antidote Health to expand its current telemedicine
services to include a novel, virtual-first insurance offering on
the ACA Exchange.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20230329005252/en/
Currently, Antidote Health provides affordable telehealth
services for a range of conditions including urgent and primary
care, mental health, diabetes, and hypertension. Most recently,
Antidote Health announced its “Leave No One Behind” campaign; a
collaboration with professional basketball star Giannis
Antetokounmpo’s non-profit to offer no-charge mental health care
services to the people of Milwaukee, Wisconsin.
Now, with the addition of nirvanaHealth, Antidote Health has the
opportunity to harness operational efficiencies and backend systems
that translate to better product and service offerings for its
future insurance members.
“We are excited to partner with an organization who shares our
belief that healthcare can be made more accessible and affordable
by leveraging modern technology. After careful consideration,
Antidote Health selected nirvanaHealth for its ability to support
our upcoming insurance offering with a comprehensive, industry
leading solution,” says Avihai Sodri, co-founder and CEO of
Antidote Health.
nirvanaHealth’s Exchange-in-a-box and PBM-in-a-box complete
enterprise solutions are powered by its Aria platform, which runs
on Amazon Web Services (AWS) and leverages robotic process
automation (RPA), machine learning (ML), and artificial
intelligence (AI). Aria is the first integrated Payer & PBM
platform and will help Antidote Health recognize significant
savings and plan improvements for its members and eliminate the
need to use dozens of vendors. nirvanaHealth will provide Antidote
Health with Payer business services and operate as its full-service
PBM.
Additionally, the Aria platform deploys a digital workforce to
automate and manage all health plan & PBM operations with
built-in compliance. This includes sales, marketing, enrollment,
billing, claims adjudication, administrative, financial, clinical,
medical, utilization, care management, quality rating, and risk
adjustment & management functions. Aria simplifies health plan
operations end-to-end as part of its Payer business services and
allows health plans to distribute and manage risk with partners,
such as IPAs and MSOs.
The Aria PBM platform and full-service solution can reduce
overall pharmacy costs, convert specialty drug management from “buy
and bill” to “value-based & outcome-driven”, and integrate
pharmacy care management to eliminate avoidable chronic care
medical costs.
“Exchange plans like Antidote Health can operate at low SG&A
costs when fully implemented since Aria increases operational
efficiency by reducing dependency on multiple vendors and
platforms,” says Ravi Ika, CEO and founder of nirvanaHealth.
“Additionally, plans can allocate human capital more effectively
towards more high-touch value activities, such as member healthcare
experience, social determinants of health, wellness regimens, and
care management functions. Not only will these high-touch
operations be improved with AI and ML, but also allows more premium
dollars to be dedicated toward overall healthcare needs of our
clients’ members. This only fortifies our shared mission of making
high quality healthcare affordable and accessible to all
Americans.”
This technology-driven and integrated approach will create a
Patient 360°-view to every care provider in the care continuum,
including at the point-of-sale and point-of-care. “Antidote Health
already leverages AI to connect its users to doctors,” says John
Sculley, the Chairman of nirvanaHealth and former CEO of Apple, “so
we at nirvanaHealth are excited to empower their providers with
even more knowledge to provide high quality of care. As a result,
Aria can help improve quality ratings by sharing actionable
intelligence—including gaps in care, continuity of care, and
accurate risk-adjustment—directly into care provider
workflows.”
About nirvanaHealth nirvanaHealth is an innovative Payer and
pharmacy benefit manager (PBM) platform provider that leverages
their robotic process automation (RPA) cloud platforms to manage
integrated medical, pharmacy and behavioral services that reduce
overall administrative, medical, and pharmacy costs and improve
overall quality. nirvanaHealth offers the first one-stop-shop,
cloud-native Payer and PBM integrated platform in the industry.
nirvanaHealth pioneers healthcare automation by uniquely combining
deep healthcare domain expertise with proven platform-building
experience to deploy RPA using cloud-native architecture across the
Payer and PBM industries. Learn more at www.nirvanahealth.com
About Antidote Health Antidote Health, a leading telehealth
company, believes healthcare is a fundamental human right. Our
services democratize access, delivering care for individuals or the
whole family. We work with individuals, businesses of any size, and
non-profits. Our goal is to ensure that everyone can have
affordable, high-quality acute, primary and chronic care services,
24/7/365. For more information visit: www.antidotehealth.com
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230329005252/en/
nirvanaHealth Chelsea Jang chelsea.jang@nirvanahealth.com
Antidote Health Robert Miller, Chief Marketing Officer
communications@antidotehealth.com