Persivia | Top Artificial Intelligence Solution Company 2020
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Persivia
Real-Time Data for Efficient Value-Based Care

Persivia: Real-Time Data for Efficient Value-Based Care

Dr. Mansoor Khan, CEO, PersiviaDr. Mansoor Khan, CEO, Persivia
For some time now, the healthcare arena has been undergoing a massive transition, where risk is moving from payers to providers. The force propelling this shift is the unsustainable growth in healthcare spending. CMS and other insurers are reacting to this by adopting new care and payment models under the moniker of value-based care. Healthcare professionals are increasingly being forced to simultaneously adopt multiple value-based care models. Enter, Persivia, a Marlborough, MA-based provider of real-time bundled payment, value-based care, population health, and quality management solutions. The company is known for employing AI to enable earlier clinical interventions, comprehensive patient engagement, and superior cost management. Dr. Mansoor Khan, CEO of Persivia, says, “There are a number of providers out there that are trying different strategies and deploying diverse business models to deliver value-based care. Our solutions are designed to help them manage multiple models simultaneously by helping control costs, streamline operations, mitigate risks, and improve quality of care.”

To help providers and healthcare institutions achieve their regulatory, quality, and financial goals, Persivia has created a population health management platform that offers an integrated solution to manage quality, care, utilization, and patient engagement. Driven by the company’s industry-leading AI engine Soliton, the comprehensive platform collects all of the needed clinical, socio-economic and claims data, analyzes and reports on quality, identifies care gaps, and stratifies patients according to the risk factors. The platform’s AI helps in three ways: clinically (identifies what is going on with a patient and provides the necessary intervention needed to assess and improve the health of the person); service-based (finds and recommends the different services needed to provide value-based care); and lastly, with cost management.

“By identifying clinical interventions, forecasting revenue, and segmenting patient populations, our AI engine helps hospitals and healthcare providers with the continuous analysis of patient data and allows them to react in real time,” adds Khan.

By using AI to identify clinical interventions and segment patient populations, we help providers analyze patient data to manage and coordinate care and cost in real time


Persivia’s industry-leading offering for Bundled Payment for Care Improvement (BPCI) Advanced program requirement, for example, is a unique end-to-end solution that manages costs and utilization of healthcare as well as handles care management, care coordination, and patient engagement. From providing analytics for designing bundled payment programs and helping Episode Initiators select Episode groups, to ensuring evidencebased care management and coordination across various care settings, Persivia’s Bundled Payment solution is effective across numerous operations. “The AI-driven platform merges clinical, socioeconomic, and claims data to provide a single comprehensive picture that puts the patient at the center of care and enables quicker clinical interventions and superior cost management,” affirms Khan.

Founded in 2005 by a team of physicians and healthcare IT professionals, Persivia has grown tremendously over the last decade to become a leading provider of value-based programs and clinical quality measures solutions. Today, the company’s customers span 250+ hospitals, 4000+ healthcare providers, 20 million patients, and numerous payers, EHR companies, systems integrators, and government entities. In the days to come, Persivia is focusing on developing a cost predictive AI solution that would take all the internal data such as risk scores, clinical profiles, and patient history and predict costs accordingly. The company will also continue to build out the capabilities of its population health management platform around patient engagement. “We are now in the process of releasing Alexa and Google integrated versions of our patient engagement solution,” concludes Khan.

Top 10 Artificial Intelligence Solution Companies – 2020

Company
Persivia

Management
Dr. Mansoor Khan, CEO, Persivia

Description
Persivia's platform takes into account all patient data, including clinical, claims, behavior, consumer, patient-reported, device, genomics and proteomics to provide a quantum improvement in an organization’s ability to manage multiple concurrent Value-Based Care programs. The Persivia platform – CareSpace™ – is a single integrated AI driven platform which supports all VBC models and integrates data from all sources through the entire care continuum. It includes a variety of AI driven workflow tools and data integration capabilities to establish a complete view of the patient and populations and manage cost effectively. Persivia's industry leading capabilities in Artificial Intelligence and Risk Stratification simplify, combine and analyze data from all sources – thereby helping care-providers take real time decisions at the moment of care. Persivia has been built on a foundation of nearly 15 years of developing and deploying an AI based care coordination platform. The Company is privileged to support care coordination, and quality efforts at more than 300 hospitals and an additional 4500 ambulatory providers.

Persivia News

PERSIVIA AND SANITAS USA FORGE PARTNERSHIP TO DRIVE SUCCESS UNDER VALUE-BASED CARE

Sanitas, a leading Primary Healthcare provider collaborating with Persivia to improve health outcomes across 40 care facilities in Florida and 15 affiliate groups.
MARLBOROUGH - Persivia, a provider of population health, risk management and hybrid care management solutions, today announced a new partnership with Sanitas USA to effectively manage the health of their patient population under multiple value-based contracts. The Persivia CareSpace® platform will expand Sanitas' capabilities by enhancing their care management workflows, automating risk adjustment processes, and enabling provider engagement at the point of care.
Sanitas USA provides primary care and population health to FL, TX, TN, and NJ patients. "Sanitas has been looking for a platform that could help us integrate a variety of EMRs and payer data not only for reporting but also to help streamline how we deliver various Population health services.", said Ignacio Arabeity, CEO of Sanitas Health Management Services.
Persivia successfully and quickly integrated data from multiple feeds across 40 Florida-based owned facilities and 15 affiliate groups, incorporating over 1.5 million records supporting over 400k patients in various Value-Based Care initiatives and activating a point of care tool for over 500 providers.
"We have been impressed with Persivia's ability to complete the first set of integrations, import the patient data, train our teams, implement custom workflows, and get the system deployed in under twelve weeks from contract signing.", continued Ignacio Arabeity.
With Persivia CareSpace®, an end-to-end integrated population platform, Sanitas USA will be able to spark true change in population health management, grounded in four core capabilities:
• collect & normalize data from 100s of data feeds to build a continuously updating longitudinal patient record,
• enhance care coordination through 3rd generation care management capabilities,
• use AI to drive risk adjustment
• deliver AI-driven actionable insights right at the point of care.
"We pride ourselves in having the best executing team in the industry. Our typical time-to-value for large clients is under 90 days from contract signing." Said Dr. Mansoor Khan, CEO, Persivia. "This is in no small part because we have the only true SAAS Pop Health solution in the industry today. Our team's deep expertise in data extraction and ongoing data management resolves the biggest hurdle faced by risk bearing entities today."
The CareSpace® platform provides AI enabled care, quality and cost management and risk adjustment capabilities in a single SAAS solution. Persivia's data and analytics capabilities, with the power of 3rd generation care management, AI-driven risk adjustment processes and point-of-care decision support, have now been fused with Sanitas' vast global presence, diverse patient population and the mission to deliver high-quality care. The combination will transform care delivery processes and improve cost, quality, and care outcomes – making them more effective and efficient than ever before.
Persivia CareSpace® collects and integrates data from all sources, including EHR, claims, HIE, ADT, patient-reported, home devices, and SDoH to build a longitudinal patient record. The platform harnesses the power of AI to give rich insights into patients' health to identify gaps in care. CareSpace® provides insights at the point of care and supports multichannel communication, including telehealth options, to improve patient engagement. Our single platform architecture demonstrates our commitment to delivering value through personalized data analytics and automation for the health system.

Persivia® Secures HITRUST Implemented, 1-year (i1) Certification, Demonstrating Advanced Risk Management, Elevated Security Protocols, and Fulfillment of Compliance Standards

HITRUST Certification validates Persivia commitment to safeguarding critical data, ensuring compliance with relevant regulations, and fostering a culture of security awareness within the organization
MARLBOROUGH - Persivia®, announce a significant milestone in cybersecurity and data protection. Our AI-driven, end-to-end integrated platform, CareSpace®, has successfully met the rigorous standards set by the HITRUST Implemented, 1-year (i1) certification criteria. This achievement underscores our unwavering commitment to maintaining the highest levels of data security and privacy.
The HITRUST certification is recognized as a gold standard for compliance and security frameworks in the healthcare industry. It validates that CareSpace® is leveraging a set of curated controls to deliver a complete security program that broadly protects against current and emerging threats. This certification reassures our clients and stakeholders of our dedication to protecting sensitive health information, ensuring that Persivia remains at the cutting edge of secure and reliable Digital Health solutions.
Persivia® Inc. is on a mission to help payers, providers and hospital system shift from the traditional Fee-For-Service model to Value-Based Care (VBC). Our cutting-edge platform, CareSpace®, stands out as an integrated, AI-driven solution tailored to support all VBC programs. This platform utilizes the industry's most advanced Unified data Model and industry leading AI models to curate and enrich data from over 3000 sources to build a single longitudinal patient record that hooks back into workflows for closed-loop analytics, direct patient care and real-time insights at the point of care.
"At Persivia®, safeguarding our digital assets and the security of our clients' data stand at the forefront of our priorities. Our mission is clear: to ensure the confidentiality, integrity, and accessibility of all information under our stewardship. By crafting a comprehensive security framework, we not only ensure seamless operations but also significantly mitigate risks to our clients' sensitive data. We solidify our commitment through strict adherence to industry-leading security standards and certifications, showcasing our position at the forefront of protecting our clients' data against emerging cybersecurity challenges." – Muhammad Kashif, CTO, Persivia Inc.
Persivia® employs a robust Risk Management Program, which encompasses the identification, analysis, and mitigation of risks. This proactive approach ensures that preventive measures are in place and continually updated, further enhancing the company's security framework.
Persivia®'s commitment to excellence in data security and compliance reaffirms its position as a trusted partner for healthcare organizations striving to deliver quality care in a rapidly evolving healthcare landscape.

Persivia CareSpace® Recognized in the 2024 Gartner® Best Practices to Maximize the Value of Digital Health Platforms Research

MARLBOROUGH - Persivia proudly announces that its CareSpace platform has been recognized in the recent Gartner® Best Practices to Maximize the Value of Digital Health Platforms research. The research states, "By partnering with DHP vendors, healthcare providers can gain access to a rich and diverse set of packaged business capabilities (PBCs) that can enhance their healthcare delivery and outcomes. The DHP ecosystem also enables healthcare providers to tap into the expertise and innovation of other vendors that offer healthcare-specific PBCs."
In this report, Persivia is mentioned as one of the vendors offering healthcare-specific solutions with prebuilt healthcare-specific PBCs, presented as software as a service (SaaS) tools.
Persivia CareSpace® leverages over a decade of experience to deliver a scalable, high-performance digital health infrastructure, helping organizations create innovative enterprises. As a single integrated platform with AI at its core, CareSpace® transforms care delivery processes by enabling faster implementation, rapid adoption, and easy maintenance for partners and clients.
The CareSpace Digital Health architecture comprises an Integrated Data Lake and Data Fabric, an expandable set of healthcare-specific Packaged Business Capabilities (PBCs), and a composition layer that allows workflow and content orchestration to connect PBCs and data to create new digital experiences.
In our view, CareSpace stands out for its highly modular and composable architecture, providing capabilities that include data/analytics and clinical/quality functionalities. These capabilities cover a wide range of healthcare needs, from population health and virtual care to data management and AI models. They can be deployed independently and offer the flexibility to be seamlessly integrated or removed across various applications or systems.
The platform's vast and robust data fabric, enriched with content, clinical knowledge assets, and data elements, enables actionable insights at the point of care. It delivers trusted and clean data for every user, every use case, and every source, with active metadata at its core. This allows organizations to use this data — in a secure, governed way — to quickly solve business problems.
CareSpace fosters a data-driven culture, allowing users to transition from data sitting in a lakehouse to AI-driven insights, alerts, gap identification, and workflows embedded in various business applications.
"The CareSpace DHP architecture has been a game-changer for our clients. We are making it easier for organizations to gain control of their data while providing the services and tools that allow them to quickly solve business problems," said Fauzia Khan, MD, Chief Medical Officer of Persivia. "It has enabled us to deliver quicker results, provide the fastest time to value, and pivot to changes in a matter of hours. We believe this recognition by Gartner underscores the capabilities we've built into CareSpace."
Hundreds of organizations today rely on CareSpace's advanced capabilities to meet their immediate needs and access a vast library of microservices and APIs, enabling them to quickly deploy new digital experiences across their operations. As Persivia continues to innovate, the company's vision is to introduce the industry's first Intention-Driven DHP. This groundbreaking approach will enable users to simply tell the platform what they want to achieve, and it will determine the best way to accomplish it.