• Tue. Dec 5th, 2023

Health Administration

Come One, Come All To Health Administration

Avaneer Wellness Launches its Decentralized Network and Platform to Completely transform Healthcare Administration

Initially to Connect are CVS Health, Cleveland Clinic, Elevance Wellbeing, and Sentara Healthcare

CHICAGO, March 13, 2023 /PRNewswire/ — Avaneer Wellbeing, a safe digital network for healthcare, currently introduced that it has launched its private, peer-to-peer network with many main healthcare corporations. With a single link to the Avaneer Network™, members can collaborate and share authentic-time facts, streamlining healthcare administration and maximizing the healthcare knowledge for all stakeholders.

For decades, the health care marketplace has been challenged with fragmented facts silos, many stage-to-stage connections, levels of technological innovation financial debt, incomplete facts and manual procedures. The Avaneer Network is setting up a safe healthcare knowledge fabric to help clear up for these troubles. It is the first of its kind peer-to-peer community developed solely for health care to accelerate care delivery with connectivity among payers, providers and innovators to travel efficiencies, decrease fees and improve outcomes.

“When we were established, we embraced a bold eyesight of a new way to allow info fluidity in health care, 1 that started in 2017 by a group of business leaders that had been fully commited to re-inventing healthcare from the within out. This eyesight is now designed and stay,” stated Stuart Hanson, CEO of Avaneer Health. “Our secure and reliable community makes the basis for innovation that will reimagine health care administration and preserve billions of pounds every calendar year. It’s an unbelievably interesting time for Avaneer Well being, our partners and the marketplace. We at last have the reply to lessening administrative prices though concentrating on the individual and clinician knowledge.”

Strengths of the Avaneer Wellness network include:

  • Streamlines earnings cycle and lowers expenditures: With a one relationship to the network, contributors can collaborate and share actual-time knowledge, streamlining health care administration. Real-time access to data that is latest and quickly up-to-date maximizes efficiencies.
  • Strengthens info security and security: The network seeks to safeguard against knowledge breaches with a protected system that capabilities an immutable audit trail and is decentralized, so info remains in control of its originator.
  • Empowers innovation and collaboration: Participants can subscribe to and start innovative remedies in collaboration with payers and providers. With this kind of close collaboration amongst functions, they can do the job together to generate joint processes that are a lot more productive and efficient.
  • Enhances patient expertise: Streamlined procedures expedite treatment, resulting in cohesive procedures that generate superior client encounters, as properly as significantly less administrative burden for payers, clinicians and service provider groups.

“This advancement is a foundational move toward simplifying wellbeing treatment processes, which streamlines acquiring and transacting with peers on a secure, permissioned network,” mentioned Sherif Kamel, SVP Enterprise Shipping and delivery at CVS Overall health. “We are psyched by the actual-time capabilities this unlocks and search ahead to enabling these solutions on the Avaneer Well being community.”

“Becoming a member of the network and transacting otherwise with payers and other suppliers will enable healthcare businesses to boost efficiencies and automate administrative procedures, resulting in an increased individual and clinician knowledge,” said Sonja O’Malley, Senior Director of Innovation at Cleveland Clinic. “Another obvious advantage to the network is that information is not aggregated – it remains with the originator. We seem ahead to looking at further payers and suppliers be part of us on the community in the close to future.”

Rajeev Ronanki, Senior Vice President, Elevance Wellbeing and President, Carelon Electronic Platforms describes, “Elevance Health is dedicated to simplifying and improving the health care practical experience, and signing up for the Avaneer Network is one more phase in that direction. With a decentralized style, the community allows Elevance Wellness to more securely collaborate with suppliers, payors, and other network contributors as we share suitable overall health details on the buyers we have in common. Though maintaining rigorous facts privacy, this energy can give everybody associated a extra holistic watch of an individual’s’ wellbeing, empowering more personalized, total-wellness options that enable us handle healthcare’s most complex worries.”

Before long the Avaneer Community will also incorporate a authentic-time adjudication software, which will drastically expedite and increase the accuracy of how healthcare promises are submitted and adjudicated.

In November 2022, Avaneer Overall health finished a demanding Method and Business Control (SOC 2) Form 1 evaluation of the platform, together with the Avaneer SparkZone™ and Avaneer Collaboration Services™. Acquiring the SOC 2 Form 1 certification reinforces Avaneer Health’s ongoing dedication to exemplary consumer assistance, and to the protection, availability, and processing integrity of our platform.

About Avaneer Health and fitness

Avaneer Health is a protected electronic community and system developed for healthcare to join, collaborate and give permissioned access to facts in genuine time, simplifying health care administration. Built on impressive systems, Avaneer Overall health facilitates accessibility to updated facts for transparency and interoperability in health care via a decentralized community. By means of a permissioned approach, facts can be shared with everyone on the network even though remaining in the creator’s manage. Initially of its type, Avaneer Health makes it possible for for accurate collaboration amongst field stakeholders and engineering distributors to launch solutions that streamline and velocity administrative processes, bettering the health care encounter. Avaneer Well being was started in 2020 by a consortium of field leaders such as Aetna, a CVS Wellbeing organization Elevance Wellbeing Cleveland Clinic Health and fitness Treatment Support Corporation (HCSC), a Mutual Legal Reserve Firm (HCSC) Merative The PNC Monetary Solutions Team, Inc. and Sentara Healthcare. These founding users continue to be engaged with the business and its mission to remedy inefficiencies in the health care sector.

For additional information and facts, take a look at AvaneerHealth.com and comply with Avaneer Wellbeing on LinkedIn and Twitter.

FHIR® is a registered trademark of Health and fitness Amount 7 Worldwide (HL7) and is used with the permission of HL7. Use of this trademark does not constitute an endorsement of products and solutions/expert services by HL7®.

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