Award recognizes Lumeon’s leading care coordination technology for its ability to increase health system operational efficiency and reduce manual intervention costs
Lumeon, the leader in Care Pathway Management (CPM), today announced that it has been recognized by Frost & Sullivan with its 2019 Product Line Strategy Leadership Award in the US care coordination IT market. The award distinguishes Lumeon for its unparalleled care coordination capabilities and customer impact.
As US healthcare shifts to a value-based model, care coordination becomes critical for health organizations to improve care quality, deliver better outcomes and streamline costs. Effective care coordination allows patients to more easily access, manage and track their individualized care plans, while enabling providers across care settings to access, share and take action on real-time, critical patient information. Lumeon was selected by Frost & Sullivan as the standout of only a few companies able to offer end-to-end care coordination capabilities.
Lumeon’s CPM platform revolutionizes care coordination by acting as a ‘care traffic control’ healthcare command center to deliver the right care to the right patient at the right time. It visualizes care plans, virtualizes monitoring, and automates routine tasks to ultimately reduce manual intervention and reduce costs for providers. Lumeon CPM coordinates the care delivery process by synchronizing disparate data across the care continuum, orchestrating and automating care pathway activities and delivering relevant information to care teams and patients. Health systems reduce revenue leakages and maximize the use of resources for a defined patient population.
“Providers are in need of a central digital command center that will create, communicate, update, action and report customized care plans for patients, but very few vendors are able to offer care coordination capabilities that extend end-to-end,” said Koustav Chatterjee, healthcare industry analyst, Frost & Sullivan. “Lumeon has pioneered the deployment of standardized care pathways capable of seamlessly coordinating care within and outside of hospitals. Lumeon CPM is well positioned to maintain its unique competitive advantage in this market as it caters to these provider needs, while going beyond to manage personalized intervention plans for complex patient populations across the care continuum.”
“Care coordination is all about ensuring that every patient and provider follows the right protocol at the right time, and this is precisely the model that our CPM platform is built around,” said Robbie Hughes, Lumeon founder and CEO. “By combining evidence-based pathways with operational expertise, CPM reduces costs across the health system by making care delivery predictable and standardized. Crucially, the patient is put at the center of care, with healthcare resources aligned to their journey, rather than fitting them into inefficient provider processes, leading to both markedly improved resource utilization and superior clinical outcomes.”
Hughes continued, “We’re honored to be recognized by Frost & Sullivan as the leader in US care coordination IT solutions, especially as the company continues to grow in the region.”
Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry.
About Lumeon
Lumeon provides Care Pathway Management (CPM) solutions for healthcare organizations. Its industry leading platform combines evidence-based pathways with deep operational expertise to deliver better care at lower cost.
A patient-first approach to pathway design, orchestration and automation ensures healthcare provider resources are optimized to deliver superior outcomes at less cost, achieving the goals of new reimbursement models.
Progressive health systems in the USA and Europe have deployed Lumeon’s multi-award winning platform across more than 2,000 care locations.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, helps clients accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company’s Growth Partnership Service provides the CEO and the CEO’s growth team with disciplined research and best practices models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages nearly 60 years of experience in partnering with Global 1000 companies, emerging businesses, and the investment community from 45 offices on 6 continents. To join Frost & Sullivan’s Growth Partnership, visit http://www.frost.com.
For further information, contact:
Hanah Johnson
March Communications
lumeon@marchcomms.com
617-960-8892