IDC MarketScape names Arcadia a leader in US population health analytics 2020 vendor assessment
Arcadia recognized for breadth of product and service offerings across all levels of value-based care sophistication and experience; “key differentiator” of significant domain expertise in the harvesting and curation of data from diverse sources.
Burlington, MASS. (Dec. 7, 2020)—Arcadia (arcadia.io), a leader in population health management and healthcare data analytics, announced today that it has again been positioned in the Leader category in population health analytics in the IDC MarketScape: U.S. Population Health Analytics 2020 Vendor Assessment (IDC Doc# US46989820, November 2020). The IDC MarketScape evaluated Arcadia among other vendors, assessing the functionality and implementation of the Arcadia Analytics platform. Arcadia was previously positioned in the Leaders category in both IDC MarketScape: U.S. Population Health Management 2019 Vendor Assessment (IDC #US44263219, October 2019) and IDC MarketScape: U.S. Population Health Analytics 2018 Vendor Assessment (IDC #US44375418, October 2018).
“The breadth of Arcadia’s product and service offerings allows clients to engage with Arcadia across all levels of value-based care sophistication and experience.”
—Cynthia Burghard, IDC research director
Arcadia was specifically recognized for its significant domain expertise in harvesting and curating data, a key differentiator for the company that fuels the Arcadia Impact Ecosystem. The Impact Ecosystem includes a set of proprietary predictive algorithms that use machine learning to determine the next best action for individual patients or identify patients at risk for adverse health events or deteriorating health.
“Our focus has been and continues to be enabling healthcare organizations to succeed in value-based care,” said Arcadia CEO Sean Carroll, “and sophisticated analytical capabilities are critical to driving population health outcomes. Our investments in platform technology, data science expertise, and partnerships with leading value-based care leaders enable us offer unique, near-real time insights that are directly actionable within clinical and administrative workflows.”
“Arcadia’s positioning in the market with its products and services clearly supports organizations with growing at-risk contracts. Its focus and clarity of purpose serve clients well. Arcadia’s wide range of services and/or technologies allows clients to rely on Arcadia wherever they are in the life cycle toward value-based care.”
—Cynthia Burghard, IDC research director
Driving Customer Outcomes with Analytics
The IDC MarketScape also noted that Arcadia’s customers “give the organization high marks for responsiveness and demonstrating a true partnership model.” Arcadia has longstanding partnerships with innovative value-based care organizations and develops its analytical models and applications in close collaboration with those partners.
“Arcadia continues to help us drive significant value for our patients. Of all of the vendor partners that we work with, Arcadia continues to set a high bar in terms of its ability to deliver new capabilities and products.”
—Andrew Sorenson, chief analytics offer at Castell, the value-based care subsidiary of Intermountain Healthcare
Arcadia worked closely with Castell on the development of Arcadia Vista, a new web-based enterprise business intelligence product designed specifically for value-based care leaders and analysts that was launched in October. With Vista, value-based organizations can meet new analytical demands through a growing dashboard library in domains ranging from orthopedic surgical episodes to social determinants of health to network integrity.
To learn more about how Castell has implemented Vista, please visit arcadia.io.
About IDC MarketScape
IDC MarketScape vendor assessment 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.
Arcadia is dedicated to happier, healthier days for all. We transform data into powerful insights that deliver results. Through our partnerships with the nation’s leading health systems, payers, and life science companies, we are growing a community of innovation to improve care, maximize value, and confront emerging challenges. For more information, visit arcadia.io.
# # #