The startup develops an integrated population health analytics platform that utilizes data-driven insights to enhance telemedicine services for vulnerable senior populations. This platform enables health plans and provider organizations to effectively manage healthcare costs and risks by coordinating clinical and social services.
Funding
$130M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
The healthcare industry faces challenges in coordinating care for vulnerable senior populations, leading to increased costs and fragmented services. Payers and providers struggle to transition to value-based care models due to operational gaps, data exchange complexities, and the administrative burden of managing clinical and social services.
Solution
Arkos Health offers an integrated platform that enables payers and providers to transition to value-based care, focusing on improved outcomes and cost management for vulnerable senior populations. The company facilitates the transformation of fee-for-service networks into fully integrated value-based care delivery systems by addressing operational gaps and integrating clinical, risk management, and technology capabilities. Arkos Health's approach includes a suite of clinical, social, and administrative services designed to enhance patient outcomes and financial performance, extending existing payer and provider services without replacing them. The Arkos360 Care Management platform aggregates and analyzes health data from diverse sources, enabling real-time health data exchange, quality measurement, and care gap closure.
Target Audience
Arkos Health primarily serves payers (health insurance companies) and provider organizations (physician groups, hospitals) seeking to transition to value-based care models and improve health outcomes for their senior patient populations.
Features
- Arkos360 Care Management platform: A HITRUST r2 certified, secure cloud-based solution that aggregates and analyzes health-related data from diverse sources.
- Comprehensive Health Assessments (CHA): Conducted virtually or in-person to understand patient needs and uncover potential issues.
- Clinical Services: Includes transitional care, intensive care, palliative care, skilled nursing facility support, and emergency room coordination.
- Home Wellness: Offers in-home and telehealth clinical services, including comprehensive health assessments.
- Provider Education: Provides resources and best practices for delivering value-based care outcomes.
- Quality Improvement: Assesses provider practice performance using regulatory and CMS benchmarks, identifying gaps and developing personalized solutions.
- Administrative Services: Facilitates communication, paperwork, and reporting to close gaps in care and ensure optimal practice and network performance.