Long River portfolio company Carevive teams up with Cerner to Offer Integrated Oncology Solution
June 7, 2017
Patient-centered cancer care planning technology integrated with PowerChart electronic health record
Boston, MA June, 7, 2017— Carevive Systems, a leader in patient-centered cancer care, announced that Cerner, a global leader in health care technology, will integrate Carevive’s patient care planning software in its PowerChart® Oncology solution. Long River Ventures invested in the company in late 2016.
“Person-centered care delivery models are essential as the market shifts from volume to value-based care, and collaborating with Carevive will give our clients access to comprehensive oncology care that can help improve patient engagement, treatment decision-making and overall care management,” said Don Bisbee, senior vice president, Cerner. “Integrating the platforms gives providers the information they need to put the patient at the center of the oncology care process.”
Carevive’s cancer care planning tools enable care teams to personalize treatment decision-making and standardize symptom assessment and management guidance while on active treatment and in the survivorship period based on relevant clinical, patient-reported health data, and clinical evidence. The cloud-based technology is designed to interface with the patient’s electronic health record (EHR).
“We are very excited that Cerner has recognized our clinical expertise in oncology and software as a significant market need to offer clinicians workflow tools that support the care team’s needs to improve clinical outcomes,” said Madelyn Herzfeld, CEO, Carevive. “Through our collaboration, where Cerner will offer workflow and data integration with Carevive, they show tremendous leadership in exemplifying where the market needs to be in supporting oncology clinicians who manage cancer patients with complex issues.”
The Carevive patient care plans and associated tools for clinicians facilitate patient-centered, coordinated, and integrated multi-disciplinary cancer care. Implementation of such models allows outpatient cancer practices to participate in with new post-reform, value-based reimbursement programs such as the CMS Oncology Care Model (OCM), announced in July 2016, and Commission on Cancer accreditation requirements for survivorship care planning.
Dr. Gabrielle Rocque, from University of Alabama at Birmingham (UAB), a client of both companies said, “I am thrilled about the collaboration between Carevive and Cerner. At UAB we’ve already found great value in using Carevive’s tools to integrate the patient’s voice into care planning. Carevive’s tools integrated into PowerChart Oncology will help optimize the care team’s workflow by putting patient-reported data in front of the clinicians and help streamline coordination of care.”
Through this collaboration with Carevive, Cerner will feature embedded validated patient-reported outcomes (PRO) tools that are mapped to clinical data from PowerChart Oncology and evidenced-based content, which generates clinical decision support for the care team and personalized care plans for patients and their families. Carevive’s personalized and iterative comprehensive patient care plans facilitate shared treatment decision-making, and provides ongoing direction to clinicians and patients regarding symptom surveillance and management while on active treatment and throughout survivorship.
Will Cowen, General Partner at Long River Ventures and a Carevive board member said, “We invested in Carevive because the depth and breadth of the team and their product offering. We are thrilled with the progress the team has made. This new collaboration with Cerner is a strong validation of the value that Carevive is able to bring to patients and providers.”
About Carevive Systems
Carevive is the leader in patient-centered cancer care. Its mission is to improve the survival outcomes and quality of life of cancer patients by bringing their voice into the care management process. Provider organizations use Carevive’s proprietary cancer patient care planning system to efficiently meet requirements and maximize payments tied to value-based reimbursement programs. For more information visit the Carevive website.
About Long River Ventures
Long River Ventures provides early stage capital and support to the next generation of healthcare companies. Long River seeks exceptional entrepreneurs, funding them to support key business milestones in a capital-efficient manner. Long River typically leads or co-leads early stage to early growth rounds of $3-5 million. The firm applies decades of experience, hard-won insight, and powerful networks to help build great companies that can provide superior financial returns while empowering the healthcare system to better accomplish its mission for patients and supporting communities. Long River has offices in Boston.
View the full press release here: http://www.carevive.com/cerner-and-carevive-team-up-to-offer-integrated-oncology-solution/