Comprehensive Services That Help Optimize Care
At CareVention HealthCareTM (CVHC), we understand that value-based care is greater than the sum of its parts. We offer an extensive suite of solutions for clinical and non-clinical operations to help you focus on what matters: your participants.
The Impact of Medication Risk Mitigation in Programs of All-Inclusive Care for the Elderly (PACE)
The outcomes
50%
approximate reduction in hospital or emergency department admissions*
13:1
return on investment for administrative fees*
$1,000
average annual savings with each unit decrease in the MedWise Risk ScoreTM of a participant1
$5,024
medical expenditure savings per participant per year2
Expect more from your PACE partner
The CVHC team has more than 100 years of collective experience in Programs of All-Inclusive Care for the Elderly (PACE). Our collaborative approach optimizes all phases of exploration, development, and improvement of programs.
Your partner for value-based health plan management
CVHC partners with healthcare organizations, including accountable care organizations (ACOs) and managed long-term care (MLTC) companies. We strive to help plan providers offer the best care for participants.
“CareVention HealthCare is the logical comprehensive solution to the many moving parts of PACE programs. Managing an active program requires real-time information that is both timely and accurate. CVHC allows management and administrative leaders to spend more time delivering the best quality services to the people we are privileged to serve.”
–Alan Sadowsky, PhD, Senior Vice President of Community-Based Services, Palm Beach PACE, Palm Beach, FL
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Sources and Disclaimers:
*Up to
- Bankes D, Jin H, Finnel S, Michaud V, Knowlton C, Turgeon J, Stein A. Association of a novel medication risk score with adverse drug events and other pertinent outcomes among participants of the Programs of All-Inclusive Care for the Elderly. Pharmacy. 2020 May 20;8(2):87.
- Jin H, Yang S, Bankes D, Finnel S, Turgeon J, Stein A. Evaluating the Impact of Medication Risk Mitigation Services in Medically Complex Older Adults. Healthcare. 2022 March 16. Vol 10.