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 The leading web portal for pharmacy resources, news, education and careers September 24, 2017
Pharmacy Choice - Pharmaceutical News - Caradigm Named Recipient of 2017 Frost & Sullivan Product Leadership Award - September 24, 2017

Pharmacy News Article

 9/13/17 - Caradigm Named Recipient of 2017 Frost & Sullivan Product Leadership Award

By a News Reporter-Staff News Editor at Computer Weekly News Caradigm, the leader in enterprise population health, announced that it has been selected as the recipient of the 2017 Frost & Sullivan Product Leadership Award. This prestigious recognition is based on extensive and ongoing Frost & Sullivan analysis of the North American value-based care management market. The Frost & Sullivan 2017 Product Leadership Report presents an overview of the value-based care industry and a detailed evaluation of Caradigm's solution offerings and demonstrated product leadership.

According to Koustav Chatterjee, Industry Analyst at Frost & Sullivan, "To ensure optimal outcomes, Caradigm supports every patient touch point across the care journey, starting from the patient-eligibility assessment to patient-workflow automation and finally the inclusion of a pathway that indicates the timely closure of the support loop."

Caradigm's multi-disciplinary care management approach caters to providers' progressive value-based care needs, quality reporting under Medicare Access and CHIP Reauthorization Act of 2015 (MACRA), and episodic cost management under bundled payment programs. Caradigm offers a robust provider identity and access management platform that is seamlessly interoperable with its underlying care management platform. Frost & Sullivan identified that Caradigm currently provides a highly sophisticated value-based care management solution portfolio capable of facilitating secured, cross-continuum care management for North American providers.

The Frost & Sullivan best practices analysis cites a number of company and product leadership strengths: Care Management: Caradigm has pioneered the best practice of managing care for both high-risk and at-risk patients who would report better clinical outcomes if intuitively stratified and proactively intervened with a holistic patient-care approach. Modularity: Caradigm's software suite remains modular to support the evolving care coordination objectives of US-based healthcare providers. Identity & Access Management: Frost & Sullivan appreciates how Caradigm proposes a robust provider identity and access management to protect patient data and privacy within a disparate EHR ecosystem. Real Time, Point of Care: Caradigm's customers benefit tremendously from deploying its solutions that generate actionable intervention strategies at the point-of-service in real time. Patient Focus: Caradigm has successfully designed its product portfolio around the most important healthcare stakeholder: the patient. Strategic Partnership: A full-fledged, value-based care strategy requires a long-term strategic commitment from all stakeholders and obtaining tangible value benefits through the implementation of enterprise-wide, value-based care. Caradigm remains a strategic, value-based care partner. "We're proud to have been recognized by Frost & Sullivan as the recipient of the Product Leadership award," Neal Singh, CEO and President of Caradigm. "This award acknowledges Caradigm's dedication to population health management and exemplifies our industry-leading solutions for value-based care and identity and access management." About CaradigmCaradigm, a GE Healthcare company, is an award-winning population health company dedicated to improving patient care, advancing the health of populations and reducing healthcare costs. Its enterprise software portfolio encompasses all capabilities critical to delivering effective population health management, including data control; healthcare analytics; and care coordination and engagement.

Caradigm's 200+ customers include Greenville Health System, Billings Clinic and Virtua and other large integrated delivery networks, ACOs, academic medical centers, government facilities and community hospitals. Caradigm solutions are operating in more than 1,500 hospitals worldwide, connect to over 500 customer systems and to data for more than 175 million patients. In addition, its identity and access management solutions are employed daily by over 1.2 million users, ensuring patient privacy and security by safeguarding access to patient health information. Based in Bellevue, WA, Caradigm has been recognized as one of Healthcare Informatics' Top 100 vendors. To learn more, go to www.caradigm.com About Frost & SullivanFrost & 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. View source version on businesswire.com: http://www.businesswire.com/news/home/20170830005256/en/

Keywords for this news article include: Caradigm, Hospital, Software.

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