MIDDLETOWN, NY and SALT LAKE CITY, UT--(Marketwired - Dec 10, 2013) - Crystal Run Healthcare, a jointly certified Centers for Medicare and Medicaid Services (CMS) and NCQA Accountable Care Organization (ACO), and one of the most innovative multi-specialty group practices in America, has selected the Health Catalyst data warehousing and analytics platform as the foundation of their analytics strategy. The agreement marks the first time that the Health Catalyst product line will be deployed in an ambulatory care setting outside of a hospital-based health system.
Crystal Run has more than 300 physicians in over 40 medical specialties with locations across the mid-Hudson Valley and lower Catskill region, one of the East Coast's largest technology corridors. A national leader in the delivery of integrated, coordinated care, Crystal Run is designated by the NCQA as a level 3 Patient Centered-Medical Home, and was selected by CMS as one of the first 27 Accountable Care Organizations in the nation to participate in the Medicare Shared Savings Program (MSSP).
Under the agreement, Health Catalyst will aggregate data from at least 10 source systems including clinical, financial, claims, and human resources into a comprehensive, analytic picture of healthcare quality, clinical effectiveness and cost. Health Catalyst's analytic applications will help Crystal Run better manage chronic disease and overall population health, as well as improve risk management, regulatory reporting and other clinical and financial functions.
"Physicians are the most data-driven professionals in the world, but we never seem to have access to the data we need, when we need it, in the format we need," said Greg Spencer, MD, Chief Medical Officer of Crystal Run. "Our physicians want a unified and flexible view of data from EHRs and other clinical and financial applications so they can optimize the care they provide. We believe Health Catalyst's combination of data warehousing technology, sophisticated analytics applications, and experience with the cultural adoption of analytics is unique in the healthcare industry. We are pleased to be their first ambulatory physician practice, and believe the innovative but systematic culture of both companies is a great match."
Dan Burton, CEO of Health Catalyst, commented, "We've established a strong track record for helping large hospital organizations adjust to the future of healthcare and become more data driven; but the majority of accountable care organizations are led by independent physician groups and that percentage is growing. Crystal Run is an organization that embraces change and is comfortable acting as an industry pioneer. We are thrilled that they chose Health Catalyst as a partner in what is, for us, a very important, strategic relationship."
Built for today's needs while adaptable for tomorrow's, Health Catalyst's Late-Binding™ data warehousing and analytics platform normalizes disparate data sources and enables data access, discovery, analysis and reporting. The approach not only is faster and more agile than traditional "early-binding" enterprise data warehouses, but it also addresses the need for clinical analysis of near-real time information to track and improve care for whole populations of patients.
Health Catalyst deploys with 14 standard content-driven analytics applications and a framework that enables rapid development of hundreds of new applications to solve both basic and complex reporting needs for a healthcare delivery system.
Health Catalyst was recently the highest-rated overall solution in the Chilmark 2013 Clinical Analytics for Population Health Market Trends Report.
About Crystal Run Healthcare
Crystal Run Healthcare is one of the fastest growing multi-specialty group practices in the country. We have over 300 exceptional physicians in over 40 medical specialties with multiple practice locations focused on the healthcare needs of the mid-Hudson Valley and lower Catskill region. Crystal Run Healthcare offers fully accredited, all-digital radiology and laboratory services, and is a national leader in the use and advancement of electronic health records (EHR). Crystal Run Healthcare is accredited by The Joint Commission, designated by the NCQA as a level 3 Patient Centered-Medical Home, and has been selected by the Centers for Medicare and Medicaid Services as one of the first 27 Accountable Care Organizations (ACO) in the nation to participate in the Medicare Shared Savings Program (MSSP). Crystal Run has also been recognized by NCQA as one of six "Early Adopters" seeking ACO accreditation in the nation. For more information, visit www.crystalrunhealthcare.com.
About Health Catalyst
Based in Salt Lake City, Health Catalyst delivers a proven, Late-Binding™ Data Warehouse platform and analytic applications that actually work in today's transforming healthcare environment. Health Catalyst data warehouse platforms aggregate and harness more than 3 trillion data points utilized in population health and ACO projects in support of over 22 million unique patients. Health Catalyst platform clients operate 96 hospitals and 1,095 clinics that account for over $77 billion in care delivered annually. Health Catalyst maintains a current KLAS customer satisfaction score of 90/100, received the highest vendor rating in Chilmark's 2013 Clinical Analytics Market Trends Report, and was selected as a 2013 Gartner Cool Vendor. Health Catalyst was also recognized in 2013 as one of the best places to work by both Modern Healthcare magazine and Utah Business magazine. Health Catalyst's platform and applications are being utilized at leading health systems including Allina Health, Indiana University Health, MultiCare Health System, North Memorial Health Care, Providence Health & Services, Stanford Hospital & Clinics, and Texas Children's Hospital. Health Catalyst investors include CHV Capital (an Indiana University Health Company), HB Ventures, Kaiser Permanente Ventures, Norwest Venture Partners, Partners HealthCare, Sequoia Capital, and Sorenson Capital. Visit www.healthcatalyst.com, and follow us on Twitter, LinkedIn and Facebook.