A diagnosis, whether accurate or not, dictates everything that happens next. The majority of the time, medical professionals get it right.
Errors are challenging to identify and practically impossible to learn from without a scientific framework to evaluate accuracy. In order to better ensure that patients receive the care they require, practising physicians and data scientists established Covera Health in 2017.
By utilising cutting-edge clinical analytics to support healthcare providers and payers in a joint effort to more accurately define, assess, and provide the highest standard of care to patients everywhere, Covera Health is paving the way for the future of the burgeoning science of quality.
By matching patients with the best care from the outset, Covera Health is able to improve outcomes and lessen the significant burden that misdiagnoses place on both individual patients and the healthcare system as a whole. Patients around the country can now access the company’s initial offering, an innovative Radiology Centers of Excellence Program.
In this year, Covera Health held its series C round after garnering a wide spectrum of customers. The startup with headquarters in New York raised $25 million in a series C funding round from private equity group Insight Partners, which also led an earlier investment in the business the previous year.
Insight Partners Managing Director Lonne Jaffe stated in a news release that “an accurate radiological diagnosis is a crucial factor in efficient downstream medical therapy spanning domains as different as heart disease, cancer, chronic pain, and musculoskeletal problems.” “We’re eager to continue this journey with Covera as they use their potent artificial intelligence platform to alter how healthcare is measured and provided, with the potential to help hundreds of millions of patients around the world,” the company said.
Collaboration with HealthHelp
Today, Covera Health, a market leader in healthcare quality analytics, and HealthHelp, a WNS firm and leading specialty benefits management company independent of health plan ownership, announced a new strategic alliance. Through the integration of Covera’s national Centers of Excellence (CoE) programme, the collaboration will increase the value of HealthHelp’s Diagnostic Imaging programme and enhance outcomes for health plan members by expanding access to high-quality radiological care.
According to Ron Vianu, CEO of Covera Health, “We’re tremendously delighted by this agreement, which allows us to significantly increase the reach of our CoE programme to HealthHelp’s member lives, elevating the influence we’re able to have on care quality and outcomes across the nation.” “Our purpose is to collaborate closely with all significant players in the healthcare ecosystem to promote better patient care at scale, and the ability to deploy our CoE solution through HealthHelp’s Diagnostic Imaging programme is vital to achieving this goal.”
The CoE initiative from Covera Health locates top-notch radiology specialists in every US community and pairs patients with them according to their individual conditions. The Covera service will be immediately integrated into HealthHelp’s current referral and network operations to give physicians and members a seamless experience; neither will need to take any additional steps.
According to Kariena Greiten, CEO of HealthHelp, “HealthHelp was created on the guiding principles of enhancing outcomes through evidence-based medicine. “By identifying the most medically essential tests for each individual, our Diagnostic Imaging programme was established in 1999 with the sole purpose of enhancing patient safety and lowering unnecessary radiation exposure. After the study has been approved, HealthHelp has expanded its data-driven patient engagement platform by embracing Covera’s CoE programme, which delivers superior quality and outcomes by connecting patients with top-notch radiology specialists in their neighbourhood.
With its quality platform, the top provider of healthcare quality analytics supports employers, health plans, providers, and millions of their patients. Its analytics and high-caliber insights lessen the frequency and impact of misdiagnoses, which are a major factor in ineffective treatment, subpar patient outcomes, and needless medical expenses. The Radiology Centers of Excellence programme, Covera’s first offering, is accessible throughout the US.
About the Leader
Ron Vianu, CEO and Co-founder
Ron is a natural problem-solver and a serial entrepreneur. In the past 20 years or more, he has founded businesses in the healthcare, technology, and insurance industries. At NYU, Ron pursued both chemistry and philosophy.
Ron founded Spreemo in 2010 before founding Covera Health. Under his direction, Spreemo expanded from six employees to over 200 across offices in NYC and Dallas, becoming the referral management platform for occupational medicine with the fastest growth rate. This success led to the company winning Deloitte’s Fast 500 award for the fastest growing technology businesses two years in a row. In 2017, Spreemo successfully exited to a strategic buyer after receiving venture capital from an institutional investor with a multibillion dollar portfolio. Ron likes to run up the West Side Highway and bike down the East River in his spare time, though rarely both at the same time.