MedAxiom Announces Industry Partnership with Biome Analytics
Partner News | Published: Wednesday, August 7, 2019 3:00 pm
MedAxiom, the nation’s leading cardiovascular healthcare membership organization and performance community, is excited to announce its industry partnership with Biome Analytics, a clinical and financial data platform that offers the insight cardiovascular programs need to continuously refine care processes to make them more efficient while delivering high-quality clinical outcomes.
“Biome Analytics can help our members view extremely fine grains of data by leveraging registry data and pairing it with cost data from the institution itself,” said Joe Sasson Ph.D., EVP of MedAxiom Ventures. “We are excited to partner with Biome Analytics to bring this near real-time combined clinical and business information to the forefront for quick and easy digestion to guide their improvement efforts.”
Biome’s team includes data scientists, engineers and clinical experts that share the same goal of providing doctors and hospitals with the precision insight they need to deliver better care at a lower cost. They work with leading cardiovascular centers to quickly pinpoint exactly how to improve operations, profitability, and outcomes, while delivering performance improvement monitoring capabilities. Biome's 'Intelligent Variation' capabilities allow providers to see impacts of 'edge cases,’ that may warrant care deviation, and align on future approaches. Clients rely on Biome's experience to rapidly assess the impact of evolving patient mixes, therapies, identify vendor opportunities, and quicken time to value. Biome enables physicians and administrators to align around specific actions to identify intervention opportunities while delivering excellent care. Some recent client successes include identifyinga $2 million annual direct cost savings for two hospitals within 60 days and decreasing observed vs. expected mortality by 35.7%.
Biome is a ‘2019 Healthcare Startup to Watch’, currently serving 20+ facilities across the United States.
MedAxiom members will have an opportunity to learn more about Biome Analytics at the CV Transforum Fall’19 conference, October 24-26, in Dana Point, CA.
Learn more about Biome Analytics at http://biome.io/