Connected Health Summit features session on ACO challenges and opportunities with Intel-GE Care Innovations, SSM Health Care, Meridian Health, and Intermountain Healthcare

Parks Associates digital health research finds recent business and regulatory changes in healthcare will drive the number of U.S. patients receiving care from an ACO from 40 million in 2015 to over 130 million by 2017. The research firm, which will host the inaugural Connected Health Summit: Engaging Consumers, September 4-5 in San Diego, says the new emphasis on performance-based metrics and payment will boost usage of this business model as well as the healthcare technologies that promise to improve care outcomes.

“Reforms to the healthcare financial model tie compensation to care outcomes, and ACOs, built on the coordinated care model, align well with this new emphasis," said Harry Wang, Director, Health & Mobile Product Research, Parks Associates. "Parks Associates defines ACOs in the broadest sense to include Medicare ACOs, private-sector Patient-Centered Medical Home practices, and healthcare providers that accept a pay-for-performance arrangement with private and public payers."

Parks Associates expects ACOs to generate nearly $1 billion in care management revenues this year.

“At Connected Health Summit, industry leaders will discuss innovative business models that match with these new initiatives and the technologies that support them, including home monitoring, cloud services, mobile computing, and data analytics," Wang said.                                            

"The digital health markets need to develop business models that make sense while organizations are transitioning to these different care reimbursement models," said Sandra Elliott, Director, Consumer Technology and Service Development, Meridian Health. "Health and technology providers should focus on providing end-to-end scalable solutions that offer financial benefits to purchasers while showing value to patients as individuals by enabling them to live their life to the fullest, thus encouraging strong consumer engagement."

The Connected Health Summit session “Path to Quality of Care: Leveraging Technology for ACOs” will examine the challenges and opportunities facing ACOs face in delivering patient-centered care and the best practices to proactively engage patients. Speakers include:

• Julie Cherry, Director of Clinical Services, Intel-GE Care Innovations
• Gaurov Dayal, President, Delivery, Finance and Integration, SSM Health Care
• Sandra Elliott, Director, Consumer Technology and Service Development, Meridian Health
• Tammy Richards, Operations Director, Patient and Clinical Engagement, Intermountain Healthcare

The two-day summit will feature keynote addresses from Ascension Health, Humana, Kaiser Permanente, Qualcomm Life, and Walgreens as well as interactive panels focusing on the impact of connected devices, mobile health services, and new health reforms on service providers, connected device manufacturers, payors, and institutions in the digital health markets.

Connected Health Summit Sponsors are ADT, Care Innovations, Lowe’s, Z-Wave, Independa, Masimo, and Alya Networks.

Information about the Connected Health Summit: Engaging Consumers is available at www.connectedhealthsummit.com. Press passes for the event are available at http://www.parksassociates.com/events/connected-health/media. To schedule a meeting with an analyst or speaker, contact Holly Sprague at [email protected] or 720.987.6614.

About Parks Associates: Parks Associates, a woman-founded and certified business, is an internationally recognized market research and consulting company specializing in emerging consumer technology products and services. Founded in 1986, Parks Associates provides business intelligence and research services through its proprietary methodologies developed over decades, including quarterly surveys of 10,000 internet households.

The company's expertise crosses many industries: home security and smart home, streaming video, broadband and pay-TV services, digital media and platforms, gaming, Wi-Fi and home networks, connected health, support, consumer electronics, home control systems, energy management, and tech solutions for the multi-dwelling (MDU), small-to-medium business (SMB), and commercial building markets.

Each year, Parks Associates brings thousands of leaders together for its webinars and annual events. The firm hosts the annual executive research and strategy conferences CONNECTIONS™, Connected Health Summit, Smart Energy Summit, Smart Spaces, and Future of Video. https://www.parksassociates.com
 

About Connected Health Summit: Consumer Engagement and Innovation

Connected Health Summit, hosted by international research firm Parks Associates, is an executive conference focused on the impact of connected devices and IoT healthcare solutions on consumers at home. In its tenth year, Connected Health Summit brings senior industry leaders together from all aspects of the consumer experience ecosystems to provide insights on new business models, IoT technologies, consumer behaviors, and deployments relevant to consumer healthcare solutions.

The conference features Parks Associates quarterly consumer readdresses opportunities for new solutions in the care giving and senior markets and the wellness markets. This includes smart home platforms, on-demand services, voice assistants, and wearables, to empower consumers, caregivers, and providers and to meet the growing demand for services in independent living, chronic care management, remote access to care, and wellness and fitness solutions. www.connectedhealthsummit.com

Follow the event on Twitter at @CONN_Health_Smt.

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