Caradigm and Symphony Analytics Sign Agreement to Deliver Comprehensive Analytics Solutions to Healthcare ProvidersCollaboration designed to help providers improve clinical and financial outcomes more rapidly
BELLEVUE, WASH. and MOUNTAIN VIEW, CA — May 5, 2014 — Caradigm, a population health company, and Symphony Analytics, a division of global innovation and development services company Symphony Teleca, today announced they have signed a business cooperation agreement to help healthcare providers rapidly improve clinical and financial outcomes through comprehensive healthcare analytics solutions.
Under the agreement, Symphony Analytics will provide strategic consulting and implementation services to healthcare providers adopting the Caradigm™ Intelligence Platform and Caradigm analytics applications, including Caradigm™ Readmissions Management. Symphony Analytics will also partner with Caradigm to develop and bring to market new predictive analytics applications, such as revenue cycle management analytics, which leverage the clinical, operational and financial data aggregated by the Caradigm Intelligence Platform from across the healthcare community. In addition, Symphony Analytics will offer Caradigm’s analytics solutions to its customer base.
“Transitioning to value-driven care requires advanced analytics to gain insight about patients, populations and performance, as well as the ability to manage change effectively,” said Sandy Murti, vice president of Partnerships & Alliances at Caradigm. “As experts in advanced analytics and predictive modeling, Symphony Analytics can help on both fronts. We’re excited to partner with them to help customers realize greater value from technology.”
“As the first step to managing risk and moving to population health, providers need to harness the power of data,” said Paddy Padmanabhan, Senior Vice President and Global Practice Leader-Healthcare, Symphony Analytics.
Caradigm’s family of software, anchored by the Caradigm Intelligence Platform, is designed to address the capabilities needed by healthcare organizations to improve population health management, including data aggregation and control, healthcare analytics, care coordination and management, and patient engagement and wellness.
Caradigm is a healthcare analytics and population health company dedicated to helping organizations improve care, reduce costs, and manage risk. Caradigm analytics solutions provide insight into patients, populations, and performance, enabling healthcare organizations to understand their clinical and financial risk and identify the actions needed to address it. Caradigm population health solutions enable teams to deliver the appropriate care to patients through effective coordination and patient engagement, helping to improve outcomes and financial results. The key to Caradigm analytics and population health solutions is a rich set of clinical, operational, and financial data delivered to healthcare professionals within their workflows in near-real time. This data asset serves as the foundation for a growing number of innovative healthcare applications developed by Caradigm and industry partners, providing rapid incremental value to customers.
About Symphony Analytics
Symphony Analytics is one of the largest analytics process integrators and a pioneer in decision sciences and modelling services, helping enterprises to integrate predictive analytics directly into key business processes. Its deep domain expertise in core vertical markets, such as retail and brands, financial services and healthcare, and its partnerships across Big Data and Predictive Analytics eco-systems, bring best-in-class services and solutions to its clients. Symphony Analytics is part of Symphony Teleca Corporation, a fast growing global company with over 6,000 employees in over 32 offices worldwide, including delivery centers in Asia, Australia, Europe and the Americas. For more information, visit www.symphony-analytics.com.