For Fourth Year, NextHealth Technologies is Named in Three Gartner Hype Cycle Reports


For Fourth Year, NextHealth Technologies Is Named in Three Gartner Hype Cycle Reports

DENVER — Tuesday, September 3, 2019 — NextHealth Technologies Inc.

NextHealth Technologies, whose advanced analytics platform – powered by AI and machine learning – integrates data-driven decision making into workflow to improve healthcare affordability, announced that it has been named for the fourth year in a row as a Sample Vendor in three separate Gartner reports: Hype Cycle for U.S. Healthcare Payers, 20191, Hype Cycle for U.S. Healthcare Providers, 20192, and Hype Cycle for Consumer Engagement with Healthcare and Wellness, 20193

According to Gartner in the Hype Cycle for U.S Healthcare Payers, 2019, “three industry trends are driving HCIaaS [Healthcare Consumer Insight as a Service] forward from an engineering perspective”, one of which is: “Growing evidence that the combination of diverse data sources and artificial intelligence analytic techniques provides substantial lift over traditional predictive analytic approaches.”

“Our industry continues to seek out ways to improve affordability. By integrating data-driven insights directly into workflow using our platform, we believe healthcare executives can achieve significantly reduced costs and better outcomes,” said Eric Grossman, CEO of NextHealth Technologies. “We’re very honored that Gartner has again named NextHealthTechnologies in multiple Hype Cycle reports.”

About NextHealth Technologies

Know what works. Make it better. ®NextHealth’s advanced analytics platform – powered by AI and machine learning – integrates data-driven decision making into workflow to improve healthcare affordability. Our HITRUST-certified SaaS solution integrates scientifically rigorous methodologies, powering the delivery of trusted, granular insights about what works for whom, why, and what to do next – from the program to the population and down to the individual member level. NextHealth’s platform scales to systematically amplify the ROI of any cost, service, or quality initiative including ER reduction, disease, case and utilization management, gaps in care, telehealth and many more. All deployments include expert services support.

For more information, visit https://nexthealthtechnologies.com/.

Disclaimer: Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Gartner, Hype Cycle for U.S Payers, 2019, by Brian Cole, Jeff Cribbs, and Mandi Bishop, July 18, 2019.

Gartner, Hype Cycle for Healthcare Providers, 2019, Laura Craft, Mike Jones, 29 July 2019.

Gartner, Hype Cycle for Consumer Engagement With Healthcare and Wellness, 2019, Jeff Cribbs and Mark E. Gilbert, 26 July 2019.

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NextHealth Contact:

Melissa O’Connor
SVP, Marketing and Communications
[email protected]


Adam Letson

Adam Letson, Board Observer

Adam Letson is a Vice President at TT Capital Partners, focused on deal execution and portfolio company management for the firm’s dedicated investment vehicles.  His areas of focus is primarily targeting high-growth businesses within the healthcare IT and services sectors.

Prior to rejoining TTCP in 2017, Adam spent three years at the firm as an Associate. He began his career in healthcare investment banking at Piper Jaffray, and later worked in equity research covering financial and business services companies.

Biography:

Adam is the proud dad of Henry and Jude, who keep him busy when he isn’t working, running, or cheering on the Minnesota Twins.

Degrees:

M.B.A with distinction from the Kellogg School of Management at Northwestern University, and a B.S.B. degree from the Carlson School of Management at the University of Minnesota

BOARD MEMBER

Cynthia Nustad Joins NextHealth Technologies’ Board of Directors


Cynthia Nustad Joins NextHealth Technologies’ Board of Directors

DENVER — Monday, August 26, 2019 — NextHealth Technologies Inc., an advanced analytics platform that integrates data-driven insights into workflow to optimize healthcare affordability, announced today that Cynthia Nustad has joined its board. An inspirational leader who is known for accelerating growth strategies, Ms. Nustad brings extensive experience in HCIT, technology, governance and risk assessment.

“As healthcare leaders continue to seek ways to optimize their investments to maximize outcomes and drive down costs,” said Ms. Nustad. “I’m thrilled to be joining the board of an organization that offers a truly unique and compelling solution.”

“We are privileged to have Cynthia Nustad join our board,” said Eric Grossman, CEO of NextHealth Technologies. “Given her keen strategic vision combined with her deep expertise implementing cost containment technologies in healthcare, Cynthia stands ready to help guide the growth in value delivery for our clients as well as our ongoing product enhancements.”

Ms. Nustad was recently the EVP and Chief Strategy Officer of HMS Holdings (Nasdaq: HMSY) where she oversaw the company’s strategy, roadmap and integration of new product and technology capabilities. HMS Holdings is a publicly traded healthcare technology company with a broad suite of cost containment solutions. Nustad was also instrumental in directing the evolution and growth of corporate technology, data & analytics, software and solutions.  She has spearheaded the creation of a new business verticals, created aligned operations and integrated acquisitions with internal innovation.

Previously EVP and CIO at HMS, Nustad led the technology, cybersecurity and product innovation functions, helping to establish HMS as a healthcare technology company and creating the foundation to propel its future growth. Serving Fortune 500, mid-size and startup companies, she has also held executive leadership roles at Cambia Health Solutions and WellPoint/Anthem (NYSE: ANTM). Cynthia holds an MBA from the University of Oregon, an MPH and BA from UCLA. She currently serves as a Board Advisor for SyTrue, a healthcare data and technology unleashing the power of medical records.  She was previously a Board Advisor for Instamed, a digital banking and payments network for healthcare and a Board Member for Integriguard.

About NextHealth Technologies

Know what works. Make it better.® NextHealth’s advanced analytics platform – powered by AI and machine learning – integrates data-driven decision making into workflow to improve healthcare affordability. Our HITRUST-certified SaaS solution integrates scientifically rigorous methodologies, powering the delivery of trusted, granular insights about what works for whom, why, and what to do next – from the program to the population and down to the individual member level. NextHealth’s platform scales to systematically amplify the ROI of any cost, service, or quality initiative including ER reduction, disease, case and utilization management, gaps in care, telehealth and many more. All deployments include expert services support.

For more information, visit https://nexthealthtechnologies.com.

NextHealth Contact:

Melissa O’Connor
SVP, Marketing and Communications
[email protected]


Cynthia Nustad

Cynthia Nustad, Board Member

Cynthia was recently the EVP and Chief Strategy Officer of HMS Holdings where she oversaw the company’s strategy, roadmap and integration of new product and technology capabilities. HMS Holdings is a publicly traded healthcare technology company with a broad suite of cost containment solutions. Cynthia was also instrumental in directing the evolution and growth of corporate technology, data & analytics, software and solutions. She has spearheaded the creation of a new business verticals, created aligned operations and integrated acquisitions with internal innovation.

Prior to working at HMS Holdings, Cynthia served Fortune 500, mid-size and startup companies, holding executive leadership roles at Cambia Health Solutions and WellPoint/Anthem.

Biography:

Cynthia currently serves as a Board Advisor for SyTrue, a healthcare data and technology unleashing the power of medical records. Cynthia was also previously a Board Advisor for Instamed, a digital banking and payments network for healthcare and a Board Member for Integriguard.

Degrees:

MBA from the University of Oregon, MPH and BA from UCLA

BOARD MEMBER

Amy Belt Raimundo

Amy Belt Raimundo, Board Observer

Amy brings close to 25 years of healthcare experience across investing, start-up and large corporate operations and management consulting. She’s had a 360 degree of healthcare having worked in the payer, provider, medical device and analytics spaces for very small (10) to very large organizations (200,000) organizations.

As a managing director for Kaiser Permanente Ventures, she focuses on investments that make strong financial returns as well as a strategic impact for KP across healthcare including HCIT, services, medical device and diagnostics.

Biography:

Amy spends her free time running after her rambunctious young daughter and going to the gym so that she can keep up with said child. As a “masters” athlete (which is a euphemism for “old”), she needs all the help she can get.

Degrees:

MBA from the University of California at Berkeley, BA in Economics from Yale University and a Kauffman Venture Fellow

BOARD MEMBER

Mark Ganz, CEO of Cambia Health Solutions, Believes in a Radical Focus on Consumers

3 Takeaways from an interview with Mark Ganz, President and CEO of Cambia Health Solutions

Mark Ganz, President and CEO of Cambia Health Solutions, sat down at the 2019 Health Evolution Summit with NextHealth’s CEO, Eric Grossman, to explain why he believes consumer needs should be a priority and what that means for Cambia and its partners. Below are the top three takeaways from their discussion.

#1: Personalization is key to the evolution of healthcare

How do we put consumers at the center of our efforts to make health care a better, easier to understand experience for each individual? Ganz says that by listening to members and understanding their thoughts and concerns, we can anticipate their needs and engage with them in a meaningful way. Additionally, by using data to analyze their behaviors, triggers, and preferred interactions, “You learn what’s important to them and then you can start following them on their terms.” The most effective way to affect consumer behavior is not by telling people what to do, but by offering them options tailored to their concerns and individual needs.

#2: Health plans must be responsible stewards of consumer data

What good is collecting data if it’s not being utilized to deliver value for the people who shared it in the first place – namely by creating a better member experience? Currently many organizations behave that as if once collected, patients relinquish control of their data. However, health plans should be focusing on identifying strategies to analyze data to enhance each individual’s interaction, reduce costs, and improve outcomes. “We are stewards of their data and everything we do needs to be built around how does that data flow to them and with them when they go on their health journey,” Ganz argues.

#3: Scale and shared vision contributes to the ability to innovate

Collaboration and scale are important levers to keep up with increasing market demands. Cambia recently partnered with Blue Cross Blue Shield of North Carolina in an effort to improve patient experience, affordability, and outcomes. “There’s an alignment of values and vision and we both want to change the world,” said Ganz. “I think what we can do more for consumers together versus what we could do separately.”

Watch the video


Mark Ganz, President and CEO, Cambia Health Solutions

Mark has been a change agent in the ever-evolving health care community his entire life, and health care system transformation has become his personal passion and professional cause. The son of a Spokane, Washington, physician, Mark spent many childhood afternoons at his father’s family practice learning the importance of service, community and family.

Transforming the way people experience health care is the cornerstone of his vision for the industry and Cambia. Since taking the top post in 2003, he has guided the company along a path of re-imagining and reshaping the health care system to one that is accountable to individuals and families. Mark has led the charge to make the system more affordable, understandable, and economically sustainable. At Cambia, that means nourishing game-changing companies such as HealthSparq, while delivering on the promise built over 95 years as a trusted health plan.

Mark has an extraordinary record of involvement regionally and on the national stage, including as chairman of the board for America’s Health Insurance Plans. Mark also serves on the board of directors for the following organizations: Portland General Electric Company; Oregon Business Council (also executive committee member); Greater Portland Inc, a regional economic development corporation; Blue Cross and Blue Shield Association; University of Portland Board of Regents; Boy Scouts of America-Cascade Pacific Council; Jesuit High School; and The Conversation Project.

In 2013, he was honored with a Governors’ Gold Award for his lifetime contributions to the state of Oregon in the areas of health care, economic development and leadership through community service. Mark’s commitment to community was also recognized when he was inducted into the Gonzaga Preparatory School Hall of Fame along with his brothers, Rick and Bill. In 2015, the National Eagle Scout Association awarded Mark the Distinguished Eagle Scout Award (DESA) for his tremendous commitment and leadership within the community and health care industry. Recognition of Mark’s groundbreaking work to personalize health care led Portland Business Journal to name him Healthcare CEO of the Year for 2014.

Mark earned both his undergraduate and law degrees from Georgetown University in Washington, D.C. While an undergraduate, he was a staff member for U.S. Senator Henry M. “Scoop” Jackson (D-Wash). He lives in Portland with his wife, Leslie, and their two children.


VIDEO: Cambia CEO - Healthcare Needs to be Radically Focused on Consumers

Cambia CEO, Mark Ganz, in an interview with NextHealth CEO, Eric Grossman, discusses making consumer needs a company priority and what that means for Cambia including pushing for personalized health care experiences, better stewardship of patient data and addressing consumer needs before they arise.


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