Hospital Partnership Forms Big Analytics Company Benevera Health
Benevera Health has been called a “population health improvement company.” It’s a partnership of the New Hampshire hospitals Dartmouth-Hitchcock, Elliot Health System, and Frisbie Memorial Hospital, with Harvard Pilgrim Health Care. Benevera Health is scheduled to launch January 1, 2016 as an analytics company of clinical and financial data for the organization.
The big data company will be led by Corbin Petro, the president of ElevateHealth, former COO at MassHealth, Massachusetts’ Office of Medicaid. The clinical, financial, and operational data of the organization will be used to improve patient care and insurance premiums, and to decrease costs.
According to Healthcare Payer News:
The Benevera announcement is the latest in the rising use of population health data as tool towards affordability. … Last month, the Blue Cross Blue Shield Association said it planned to create a huge database of healthcare claims to spot trends that could be used to control costs. All 36 independent Blue Cross and Blue Shield companies made a commitment to contribute information.
With this partnership, the population base for the clinicians to pull data from is 80,000 Harvard Pilgrim insured members. Premiums in 2016 are projected to be 4 percent less than without the partnership.