May 31, 2022 09:07 AM Eastern Daylight Time
IRVING, Texas–(BUSINESS WIRE)–Lightbeam Health Solutions, Inc., the leader in end-to-end population health management solutions and services, today announced it has entered into an asset purchase agreement to acquire the operating assets related to Jvion, Inc., including Jvion’s market-leading AI-enabled prescriptive analytics and social determinants of health (SDoH) solutions. The strategic acquisition combines Lightbeam’s health analytics and outcomes for payers and providers with Jvion’s clinical intelligence and predictive technology. The combination will further enhance and expand Lightbeam’s proactive and preventive capabilities, bringing decisive, industry-leading SDoH and health equity offerings to tens of millions of patients.\
The acquisition fits well with Lightbeam’s other offerings, including CareSignal. Jvion clients will gain access to an advanced suite of evidence-based Deviceless Remote Patient Monitoring® (RPM) programs, which improve clinical outcomes, generate 20% reductions in avoidable readmissions, and deliver reliable decreases in utilization across disparate patient populations. The actionable insights and lasting engagement driven by Jvion CORE and CareSignal’s Deviceless RPM will serve as a financially sustainable solution for care quality and health equity amid today’s healthcare labor shortages.
“Together, Lightbeam and Jvion’s technologies will bring critical, proactive, and scalable insights to populations across all types of value-based care models,” said Tom Zajac, Executive Chairman of Jvion. “The Jvion team believes strongly in the purpose and promise of our integrated offerings, and I am excited for the Jvion team to begin this next chapter with Lightbeam.”
The acquisition is also specifically engineered to benefit current Jvion clients by increasing the value of solutions already in use. “For current Jvion customers and partners, your success is our success. The breadth and timeliness of the combined technology and services will extend fully, and as a top priority, to our clients and partners,” said Pat Cline, CEO of Lightbeam.
The combination establishes the partnership as a clear leader in population health management through masterfully aligned product offerings, including:
- Data Aggregation and Analytics that streamline clinical workflows, optimize risk stratification, and turn insights into outcomes
- Predictive Models and AI that have the power to forecast patient risk and provoke clinical intervention
- Deviceless Remote Patient Monitoring that scales staffing efficiency by bringing patient screening and care management to patients wherever they are in their care journey
About Lightbeam Health Solutions
Lightbeam Health Solutions delivers a proven model for managing patient populations and associated risk. Lightbeam’s vision is to bring health data into the light through the use of analytics, and to provide the insight and capabilities healthcare clients need to ensure patients receive the right care at the right time. Lightbeam facilitates population health management for ACOs, payers, provider groups, health systems, and other healthcare organizations aspiring to provide superior care at a lower cost. For more information, visit www.lightbeamhealth.com, and follow Lightbeam on LinkedIn and Twitter.
Jvion, a leader in AI-enabled prescriptive intelligence and Social Determinants of Health solutions, enables providers, payers, and other healthcare entities to identify and prevent avoidable patient harm, utilization, and costs. An industry first, the Jvion CORE™ goes beyond predictive analytics and machine learning to identify patients on a trajectory to becoming high-risk. Jvion then determines the interventions that will more effectively reduce risk and enable clinical and operational action. The CORE accelerates time to value by leveraging established patient-level intelligence to drive engagement across healthcare organizations, populations, and individuals. To date, the Jvion CORE has been deployed across hundreds of clients and resulted in millions saved.