Press Release · November 10, 2015
Boston, MA, November 10, 2015 — par8o, the national leader in referral management solutions, announced today that a recent adoption of its platform by another national health system continues a significant trend of growth that includes a number of implementations and integrations in 2015.
par8o has contracted with the second largest non-profit health system in the country. This new client, along with recent solution deployments at Mount Sinai Health System in NYC, and Lancaster Regional Medical Center (part of Community Health Systems (CHS)), one of the largest for-profit hospital networks), positions the company as the market-leading solution for referral management. As part of the agreement, par8o has also partnered with one of the largest implementation services companies and largest payers in the country.
In addition to these partnerships, par8o now integrates with multiple electronic medical record (EMR) systems or any combination of EMRs through four different methods, which further deepens par8o’s ability to manage health systems’ referrals in a seamless way. For example, par8o’s direct HL7 integration with Epic has already shown a four-fold improvement in capture rate for referrals.
“par8o’s technology platform, combined with our change management expertise, is proving to be a highly versatile and scalable solution,” said Daniel Palestrant M.D., CEO and co-founder of par8o. “The par8o platform leverages the unique role of referrals in today’s health system to solve many problems through a single point of integration.”
par8o combines technology, workflow analysis, and real-time analytics to provide a new type of change management. While the par8o platform streamlines workflow between sending and receiving providers, it also provides real-time analytics to the sending provider, the receiving provider, as well as the organization that has deployed it. Leakage reduction, improved consumer experience, and network compliance are early wins for a deployment.
par8o is reinventing the patient referral process. par8o’s referral management solution connects providers, payers, and patients and creates a common point for coordinating care delivery and plan design. The cloud-based, EMR-agnostic par8o platform enables all parties to improve care and optimize towards several clinical and business goals in parallel, rather than to the detriment of one another. par8o helps clients succeed by applying Pareto Optimization, a powerful economic principle that succeeds because it is well-suited to the complex, multi-constituency nature of healthcare. Simply put, par8o helps organizations match the right patient to the right resource at the right time. To learn more about par8o, please visit www.par8o.com.