P3 Health Partners will utilize Innovaccer’s Healthcare AI Platform for personalized interventions, improved outcomes, and cost-effective healthcare delivery for their patients.
Innovaccer Inc., a leading healthcare AI company, announced a new strategic partnership with P3 Health Partners, (NASDAQ: PIII), a patient-centered, physician-led population health management company revolutionizing care delivery for Medicare patients. This partnership marks a significant milestone in advancing value-based care initiatives aimed at improving patient outcomes, optimizing costs, and enhancing the patient and clinician experience.
P3 Health Partners is well-known for its innovative healthcare delivery model, which empowers physicians, hospital systems, specialists and practices in their journey from traditional volume-based models to value-based systems of care and wellness. P3 focuses on preventive care and cost management, striving to enhance the quality of care for patients while reducing overall healthcare expenditure.
“Our strategic partnership with Innovaccer accelerates our ability to empower providers with the necessary tools and data needed to better serve and support patients,” said Dr. Aric Coffman, CEO of P3 Health Partners. “Through the Innovaccer Healthcare AI Platform we will further reduce time spent on administrative tasks for our providers, enhance our data integration and analytics to better serve our payer partners, improve the quality of the care patients receive, and better manage costs across the continuum of care.”
P3 Health Partners sought an advanced AI analytics and data platform that could unify, aggregate, and normalize clinical and claims data from disparate health plans, EHRs, health IT systems, and community sources to ensure consistent reporting across their five regions. Powered by Innovaccer’s Healthcare AI Platform, P3 will leverage InNote, Innovaccer’s EHR-agnostic physician engagement solution, to close coding and care gaps seamlessly at the point of care. Additionally, P3 will utilize Innovaccer’s population health analytics suite to achieve quality and cost goals, and Innovaccer’s patient engagement solution to drive omnichannel patient outreach to improve the patient experience.
“P3 is a true leader in population health management. Their patient support team provides tools and resources that prevent and manage illness, empowering patients to take steps to improve their own health,” said Abhinav Shashank, co-founder and CEO of Innovaccer. “With Innovaccer’s Healthcare AI Platform, P3 can free their providers from time-consuming administrative tasks to focus on providing exceptional care to patients and communities. We’re thrilled to partner with P3 to elevate the patient and provider experience.”
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