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Payformance Solutions

New New products
Chicago, IL 60654-4769
Booth(s):  14031

About

Payformance Solutions is a value-based reimbursement service provider dedicated to advancing payment transformation in the healthcare industry. Leveraging our affiliation with nonprofit research and consulting organization Altarum Institute, we launched the TrustHub suite of services to equip payers and providers with the technical tools and resources required to design, evaluate, build, measure and negotiate value-based reimbursement contracts while aligning financial goals with improved patient outcomes.

New Product/Service

TrustHub

Press Releases

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Industry-leading software-as-a-service solution drives payer-provider collaboration by delivering

scalable strategies for value-based reimbursement

Las Vegas – HIMSS Conference, Booth #14031 – March 5, 2018 – Payformance Solutions, a

leading provider of value-based reimbursement solutions and services, today announced the

launch of its TrustHub software-as-a-service solution at HIMSS18, the health information

technology industry’s premier annual conference.

TrustHub enables greater scalability of value-based reimbursement programs by assisting

health plans and providers with the design, measurement and collaboration of these programs

as a neutral third party.

For payers, TrustHub supplies a turnkey set of solutions and services—including synergistic

analytics, reporting and payment optimization solutions—that allow for flexibility and agility in

establishing and administering value-based reimbursement programs. For providers, TrustHub

offers the much-needed tools to design, contract and participate in value-based reimbursement

programs, along with real-time statistics that make it easy to monitor performance and

measure impact on cash flow.

Payformance Solutions’ mission is to establish a new “handshake” between payers and

providers by pioneering thoughtful solutions that deliver efficiency, predictability and

consistency in value-based care programs while creating an ecosystem that aligns payers’ and

providers’ financial goals with patient outcomes. Payformance is backed by the respected

research and consulting nonprofit Altarum Institute with the goal of accelerating the healthcare

system’s transition to value-based payment models.

“Payers and providers currently face a significant administrative burden tied to alternative

payment model contracts, and existing solutions only meet a portion of customer needs,” said

Kevin Mehta, chief technology officer with Payformance Solutions. “TrustHub delivers a fullservice,

turnkey ecosystem with the tools and technologies to design, negotiate and operate

alternative payment models as a neutral third-party.”

“Value-based care holds the potential to revolutionize healthcare by aligning providers’ and

payers’ outcomes and incentives,” said Alicia Torres, Altarum’s chief financial officer and senior

vice president of new ventures. “Altarum is proud to support Payformance Solutions and its

game-changing TrustHub solution, which will guide the U.S. healthcare system towards its

value-based future.”

Additionally, Payformance’s Mehta will deliver a presentation at HIMSS18, titled “Scalable

approach to Your VBR Contracting.” The presentation is scheduled for Tuesday, March 6, at

12:00 p.m. Pacific Time in the Solutions Lab. Payformance will also showcase TrustHub during

the conference, at booth #14031.

About Payformance Solutions

Payformance Solutions is a value-based reimbursement service provider dedicated to advancing

payment transformation in the healthcare industry. Leveraging our affiliation with nonprofit

research and consulting organization Altarum Institute, we launched a suite of services to equip

payers and providers with the technical tools and resources required to design, evaluate, build,

measure and negotiate value-based reimbursement contracts while aligning financial goals with

improved patient outcomes. For more information, visit: www.payformancesolutions.com.

Media Contact:

Brandon Glenn

Amendola Communications

(216) 233-4357

bglenn@acmarketingpr.com

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