IRVING, TX – November 14, 2018 – Lightbeam Health Solutions, the leader in end-to-end population health management solutions and services, announced today it was named a leader in the IDC MarketScape: U.S. Population Health Analytics 2018 Vendor Assessment (Doc #US44375418, October 2018).
“As healthcare organizations take on more risk, population health solutions and services become critical,” said Pat Cline, CEO of Lightbeam Health Solutions. “Our position in the market is a result of focusing on the needs of our clients. We are proud to be named a leader by IDC MarketScape. Our clients’ year-over-year successes in value-based contracts are motivating and continue to inspire our team.”
Lightbeam was founded more than five years ago to bridge the gap between legacy payer and provider systems necessary to successfully share risk and transition from volume-based to value-based reimbursement. Lightbeam’s transformative service model approach includes an end-to-end, unified population health platform coupled with prescriptive advisory services, which includes a strategic action plan tailored to each client. This combination has helped over 160 provider and payer organizations streamline clinical and administrative operations, improve outcomes and quality scores, reduce unnecessary costs, and generate over $470 million in savings for new payment models.
Lightbeam has nearly 19 million unique patient lives in its database, representing nearly 80,000 providers. Lightbeam has successfully ingested over 4.3 billion clinical data elements across more than 1,200 interfaces and nearly 3 billion claim lines over several hundred claims interfaces.
About IDC MarketScape
IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.