Lumeon Featured in ‘On the Radar’ Report from Ovum
LONDON, September 13, 2016
Lumeon, a digital health company delivering innovative Care Pathway Management (CPM) solutions, has been featured in Ovum’s “On the Radar” report, a series of research notes about vendors bringing innovative ideas, products, or business models to their markets. Lumeon was recognised for delivering a simple out-of-the-box approach to designing and implementing care pathways, resulting in better measurable patient outcomes with reduced costs.
In its report, Ovum notes that healthcare providers must improve patient pathways if they are to deliver better outcomes for patients at less cost. Lumeon’s Care Pathway Manager integrates clinical and administrative systems, and gives providers the ability to design and automate their own pathway rules, so that each patient is automatically progressed through their personal care journey based on their individual data.
Additional highlights in Ovum’s Report include:
– Care Pathway Manager is an open, cloud-based solution that supports the use of real-time data to construct optimal pathways for patients, providers, and payers.
– The platform provides a set of standard business and clinical reports to enable quick start-up for common pathways across providers.
– Lumeon has created a new Marketplace targeting providers, payers, and partners in healthcare delivery and providing a marketplace to buy and sell pathway templates.
“Use of integrated care pathways (ICPs) is set to increase as providers look to reduce the overall cost of providing services while utilising resources. Currently, the majority of pathways are traditionally created using a combination of electronic patient records (EPRs), online portals, emails, and paper. Providers will have to make technological decisions to support the wider adoption of care pathways if they and patients are to realize the full benefits,” said Chris Pennell, Practice Leader, Ovum. “Lumeon paves the way for the transition to a cloud-based tool set that pulls together existing patient and administration data to support the speedy delivery of ICPs and optimise pathways depending on the availability of resources.”
Robbie Hughes, CEO of Lumeon, said, “It’s an honour to be recognised by Ovum as we continue to lead the market in delivering Care Pathway Management solutions and launch our Marketplace. The healthcare industry has never been under greater pressure to deliver measurable care for less cost, and care pathways offer providers an opportunity to overcome those challenges. By implementing a CPM approach to healthcare, providers can deliver care that is measurable, predictable and controlled.”
Lumeon is a digital health company that has defined the market for Care Pathway Management (CPM). From scheduling and revenue management to clinical reporting and aftercare, by looking across the end-to end care pathway, Lumeon addresses the system, and not just the symptom, behind healthcare transformation. Lumeon’s customers number among Europe’s fastest growing and most innovative healthcare providers including BUPA, Nuffield Health, Alliance Medical, HCA and Optegra. It is headquartered in London employing over 90 people.