MTBC’s Group Purchasing Organization Welcomes New Supplier Cohort Intelligence Inc.
September 24 2020 - 9:15AM
MTBC, Inc. (Nasdaq: MTBC) (Nasdaq: MTBCP), a leading provider of
cloud-based healthcare IT solutions and services welcomes Cohort
Intelligence Inc. (Cohort) as a new supplier to MTBC Health’s Group
Purchasing Organization (“GPO”). Through this partnership, Cohort’s
Home-based Care Intervention (HBCI) and Chronic Care Management
Programs (CCM), act as an extension of the physician-patient
relationship in order to improve patient outcomes, close care gaps,
relieve physician burden and reduce total medical expenditures.
“Nearly 4,000 of our healthcare providers now
have access to chronic care management (CCM) that goes beyond
traditional program requirements,” said Wes Stolp, Executive Vice
President of Sales, MTBC. “Cohort can rapidly deploy
patient-centered virtual care on behalf of our physician partners
and enable them to provide consistent, high-quality, and empathetic
care. Taking into account the on-going COVID-19 pandemic, this is a
great time for Cohort to provide our physician partners with the
tools and services they need to virtually extend care into the
patients’ home, especially to those who are more vulnerable or live
in remote areas.”
As a GPO supplier, Cohort provides MTBC GPO
members with immediate access to the following services at a
negotiated, discounted rate. Services include:
- Cohort
IntelligenceClinical AI and NLP technology to identify
more eligible patients and conditions for CCM.
- Concierge
CareCompassionate, highly skilled CareTeam that invests in
long-term relationships with patients through direct, consistent,
and productive outreach.
- Customer Defined Protocols
and InterventionsThe identification and escalation of
clinical care gaps - including incidences of loneliness, isolation,
and depression in the elderly and chronically ill - assist in
closing gaps per customized protocols.
- Quality Assurance, Automated Billing, Interventions and
AnalyticsEstablishes recurring and sustainable revenues
with no up-front costs, no hiring of new staff, and no additional
overhead.
“MTBC’s focus on providing value to members, not
just through transactional purchases but through long-term
relationships, is the same way we approach our physician partners
and our patients,” said Neel Master, Founder and CEO, Cohort
Intelligence Inc. “Our virtual home-based care intervention model
is a standard of care that providers and payers recognize as an
essential approach to bending the cost curve, and we are thrilled
to be able to scale deployments to a wide array of providers in
partnership with MTBC.”
“As an MTBC CareCloud client, ClareMedica is
pleased to have facilitated the introduction between Cohort
Intelligence and MTBC, and is looking forward to the additional
benefits and synergies that may result from this new relationship,”
said Roberto L. Palenzuela, CEO, ClareMedica Health Partners, LLC.
“With the help of Cohort’s chronic care management program, we are
better equipped to identify the needs of our chronically ill
patient panels, proactively manage those needs, and deliver overall
better patient outcomes and savings for our group.”
MTBC’s GPO identifies common pain points and
targets opportunities for savings in categories that streamline
operational efficiencies for the medical practice. Click here to
learn more about GPO membership benefit details.
GPO supplier applications can be submitted at
https://learningcenter.mtbc.com/gpoapplication.
About Cohort Intelligence
Inc.
Cohort Intelligence Inc. (Cohort) is a leader in
home-based virtual care that helps physician groups, hospitals, and
payers manage chronic illness through empathy-driven patient
engagement. Cohort’s approach to Chronic Care Management (CCM) is
to achieve the highest levels of patient enrollment, engagement,
and retention. Cohort effectively addresses both clinical and
non-medical cost drivers of care with monthly customized patient
outreach and advocacy, identifying rising risk intervention
opportunities and ultimately transforming the patient experience.
Cohort’s concierge approach to CCM has been proven across
independent practices, leading ACOs, FQHCs, RHCs, and
hospitals.
For additional information, please visit our
website at https://cohort.ai/ or submit an inquiry at
https://cohort.ai/contact/. Connect with us on LinkedIn.
About MTBC
MTBC is a healthcare information technology
company that provides a full suite of proprietary cloud-based
solutions, together with related business services, to healthcare
providers and hospitals throughout the United States. Our
Software-as-a-Service (or SaaS) platform includes revenue cycle
management (RCM), practice management (PM), electronic health
record (EHR), business intelligence, telehealth and patient
experience management (PXM) solutions for high-performance medical
groups. MTBC helps clients increase financial and operational
performance, streamline clinical workflows and make better business
and clinical decisions, allowing them to improve patient care while
reducing administrative burdens and operating costs. MTBC’s common
stock trades on the Nasdaq Global Market under the ticker symbol
“MTBC,” and its Series A Preferred Stock trades on the Nasdaq
Global Market under the ticker symbol “MTBCP.”
For additional information, please visit our
website at www.mtbc.com. To view MTBC's latest investor
presentation, read press releases, and listen to interviews with
management, please visit ir.mtbc.com.
Follow MTBC on LinkedIn, Twitter and Facebook.
SOURCE MTBC
Company Contact: Bill Korn Chief Financial
Officer MTBC, Inc.bkorn@mtbc.com
Investor Contact: Matt Kreps Managing Director
Darrow Associates Investor Relationsmkreps@darrowir.com
Media Inquiries:Mike CuestaChief Marketing
OfficerMTBC, Inc.mcuesta@mtbc.com
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