AI-powered data interoperability tools support the Innovaccer platform for payers, life sciences, and providers
Waltham — January 23, 2024 —The World Economic Forum reports 97% of healthcare data goes unused. Addressing this gap, the digital healthcare company Innovaccer, Inc. is leveraging Wolters Kluwer’s Health Language Platform to empower health plans, life science companies, and provider organizations to enrich disparate data on the Innovaccer platform. With Wolters Kluwer data quality tools, Innovaccer can provide meaningful clinical, financial, and operational insights for improving patient care.
Curating a 360° view of patient data to advance value-based care
Normalizing healthcare data sources to create one, accessible, 360° view of the patient can be difficult and time-consuming. To meaningfully use clinical records for providing insights requires normalizing structured and unstructured data to terminology standards in order to minimize inconsistencies in meaning. Working with the Health Language terminology services platform, Innovaccer can harmonize information from disparate data sources and create high-quality codified patient data.
“There’s a lot of dirty data in healthcare, and yet, organizations often cannot aggregate, organize, normalize, or maintain it to realize its full potential and impact,” said Kanav Hasija, Co-founder and Chief Product Officer at Innovaccer. “Building on our ability to bring these data sources together on one platform, our collaboration with Wolters Kluwer enables us to deliver even more value from this data as our customers scale. This includes typical end-use applications such as risk adjustment or population health initiatives, but these insights will also be available as a FHIR API for other platforms across the industry.”
Realizing value through reliable, clean, high-quality health data
Innovaccer has helped its customers unify health records for more than 54 million lives and generated over $1.5B in cumulative cost savings. Recognized by KLAS® and Gartner®, the Innovaccer data platform is designed to accelerate innovation in healthcare. Its mission is to connect and curate the world’s healthcare information to make it accessible and useful—so everyone in healthcare can care as one. Together with Wolters Kluwer, Innovaccer is focused on transforming care delivery and working collaboratively with payers, providers, and life sciences companies.
“Buried among billions of disconnected and fragmented healthcare data points may be critical discoveries for better care,” said Anne Donovan, Vice President and General Manager, Health Language, Wolters Kluwer Health. “Combining our clinically backed data tools with Innovaccer’s data platform allows organizations to harness their data to the fullest extent. With good data harmonized to industry standards, providers, health plans, and vendors can easily extract insights that can ultimately power better health.”
About Wolters Kluwer
Wolters Kluwer (WKL) is a global leader in professional information, software solutions, and services for the healthcare; tax and accounting; governance, risk and compliance; and legal and regulatory sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with specialized technology and services.
Wolters Kluwer reported 2021 annual revenues of €4.8 billion. The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 19,800 people worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands.
Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. Wolters Kluwer has a sponsored Level 1 American Depositary Receipt (ADR) program. The ADRs are traded on the over-the-counter market in the U.S. (WTKWY).
Innovaccer Inc. is the data platform that accelerates innovation. The Innovaccer platform unifies patient data across systems and care settings and empowers healthcare organizations with scalable, modern applications that improve clinical, financial, operational, and experiential outcomes. Innovaccer’s EHR-agnostic solutions have been deployed across more than 1,600 hospitals and clinics in the US, enabling care delivery transformation for more than 96,000 clinicians, and helping providers work collaboratively with payers and life sciences companies. Innovaccer has helped its customers unify health records for more than 54 million people and generate over $1.5 billion in cumulative cost savings. The Innovaccer platform is the #1 rated Best-in-KLAS data and analytics platform by KLAS, and the #1 rated population health technology platform by Black Book. For more information, please visit innovaccer.com.