CSC Invests in Smartlink to provide next-generation technologies for value-based chronic care management
TYSONS, VA — December 15, 2016 – CSC (NYSE: CSC), a global leader in next-generation IT services and innovative healthcare solutions, and Smartlink Mobile Systems, a leading provider of chronic disease management solutions, today announced the signing of an agreement to jointly help physicians, extenders, and healthcare organizations accelerate their transformation to value-based care.
The collaboration is designed to support the Medicare Access and CHIP Reauthorization Act of 2015 (MACRA), the bipartisan federal legislation that establishes new ways to pay physicians who care for Medicare beneficiaries. CSC recently launched its Chronic Care Management (CCM) service, an end-to-end service and technology solution, and today’s partnership will further support CSC’s portfolio of services and solutions in the population health market.
Under terms of the agreement, CSC will make an investment in Smartlink to provide next-generation technologies for value-based chronic care management. Details of the investment were not disclosed.
Smartlink provides a quality-driven chronic disease management solution that was built to address population health at scale by leveraging clinical support staff, and is fully compliant with Medicare’s CCM program requirements. The investment being announced today will enable CSC to fully integrate Smartlink products into CSC’s services and solutions for healthcare organizations of all sizes.
The CSC-Smartlink collaboration will help build an important foundation for physicians and healthcare organizations as they prepare for MACRA, providing the ability to connect patients, physicians and data to effectively integrate an all-inclusive workflow of care coordination, patient engagement and communication.
“We are delighted to partner with CSC to help healthcare providers transform their care delivery models in preparation for value-based payments,” said Dr. Siu Tong, chief executive officer, Smartlink. “CSC brings unparalleled global experience in care management, patient engagement, and quality-driven methodologies that are an enormous asset to healthcare organizations embarking on this journey.”
“Smartlink’s next generation technology, combined with CSC’s ability to deliver at scale, provides a powerful solution that supports the journey toward value-based care,” said Lisa Pettigrew, general manager, Americas healthcare & life sciences, CSC. “The benefits are clear for healthcare organizations and physicians: impacting quality measures, optimizing potential revenue, and improving patient outcomes.”
“The Smartlink relationship is part of our global focus on innovation alliances to support the transition to value-based care for our clients, and reinforces CSC’s commitment to healthcare,” said Andrea Fiumcelli, vice president and general manager, healthcare & life sciences, CSC.
- CSC CCM Web page: www.csc.com/ccm
About Smartlink Mobile Systems
Smartlink is an innovator in value-based healthcare solutions aimed at chronic disease management. Smartlink’s Value-Based Chronic Care Management (CCM) solution is designed to optimize clinical and financial outcomes of Medicare’s CCM program, and at the same time leverage CCM to directly impact performance on utilization and targeted quality measures under all MACRA payment models (ACOs or the MIPS). Smartlink’s unique approach to patient enrollment, operational efficiency, electronic collaboration, and guided care management enables clinical services outsourcing organizations to efficiently coordinate care with their client clinics and provide the highest quality of care to the patients they serve. For clinics, Smartlink provides the flexibility to deploy CCM with our software only using internal staff, opt for a turnkey services solution, or something in between. For more information, visit smartlinkmobile.com.
CSC (NYSE: CSC) leads clients on their digital transformation journeys. The company provides innovative next-generation technology services and solutions that leverage deep industry expertise, global scale, technology independence and an extensive partner community. CSC serves leading commercial and international public sector organizations throughout the world. CSC is a Fortune 500 company and ranked among the best corporate citizens. For more information, visit the company’s website at www.csc.com.
All statements in this press release and in all future press releases that do not directly and exclusively relate to historical facts constitute “forward-looking statements.” These statements represent the Company’s intentions, plans, expectations and beliefs, and are subject to risks, uncertainties and other factors, many of which are outside the Company’s control. These factors could cause actual results to differ materially from such forward-looking statements. For a written description of these factors, see the section titled “Risk Factors” in CSC’s Form 10-K for the fiscal year ended April 3, 2015 and any updating information in subsequent SEC filings. The Company disclaims any intention or obligation to update these forward-looking statements whether as a result of subsequent event or otherwise, except as required by law.
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