BOISE, Idaho, June 2, 2021 / PRNewswire / – Today, Idaho Health Data Exchange (IHDE), Idaho Statewide Health Information Exchange, announced a new long-term philanthropic funding partnership with Ethos Asset Management. Ethos, a private project finance provider with global operations, is committed to providing IHDE with a significant capital injection of $ 8 million, in the form of a scholarship, which will continue for several years.
“Ethos has generously offered the IHDE the opportunity to maintain and increase this funding in the future, which forms an important basis for BeyondHIE, the newly formed partnership that offers a full range of services, technologies and management. project to support value-based care, “mentioned Hans kastensmith, Executive Director of IHDE.
Ethos recognizes the importance of building a more humane and fairer economy and of contributing to the improvement of society as a whole. Ethos helps non-profit entities to modernize their financial structures through the global allocation of $ 1.42 billion for the Philanthropic Funding Mechanism (PFF) in 2020/21 and has committed to earmark 8% of annual profits for PFF operations in the coming years.
“The new partnership between IHDE and Ethos enables long-term fiscal stability in an increasingly unstable financial situation for the exchange of health information,” said Jesse Meldru, Director of Finance of IHDE. “Changes to federal funding programs such as the Hi-Tech Act coming next year create a nationwide capital vacuum for health information exchanges. This changing landscape produces instability in the market. This partnership will provide long-term financial support to the IHDE and will allow it to continue and improve its innovative programs announced at the end of 2020 and in 2021. ”
Carlos santos, CEO of Ethos Asset Management, said: “We are delighted to be able to support IHDE through our Philanthropic Funding Mechanism (PFF). We recognize the importance of the innovative health data and information infrastructure that the IHDE has wholeheartedly supported the IHDE’s vision of to meet the health needs of patients and the population by improving the ability to Idaho health care providers, community organizations (CBs) and other stakeholders to access important health information technologies. “
IHDE’s bold healthcare transformation initiatives have moved from planning and program development stages to measurement and continuous improvement stages. Stakeholders throughout Idaho can achieve multiple value propositions through the extension of Ethos’ Philanthropic Funding Facility. IHDE’s innovative technology stack weaves the best SAAS (Software as a Service) solutions that enhance the collection and exchange of health and social determinants data, including the addition of aggregation and data capabilities. ‘data analysis producing actionable information to support clinical decision making.
About the IHDE:
Idaho Health Data Exchange (IHDE), a 501 (c) (3) nonprofit, is the statewide health information exchange of Idaho, dedicated to meeting the needs of healthcare providers and ensure that the citizens of Idaho receive the most effective health services possible. To achieve these goals, the IHDE works with a wide range of stakeholders and actively builds a cutting-edge technological infrastructure to provide access to reliable data and information, by combining traditional health data with other data sources. to help respond to medical, behavioral and social issues. needs that influence the well-being of Idahoans. In addition to technological improvements aimed at improving overall performance, a range of tools aimed at improving patient outcomes will be made available to IHDE participants, including an analysis platform, a telehealth platform, a system remote monitoring of patients and a platform for social determinants of health. As a trusted data sharing partner in Idaho, IHDE looks forward to bringing you a new range of service offerings to improve the quality of health outcomes and reduce the cost of care. For more information visit: https://www.idahohde.org/
About Ethos Asset Management:
Ethos asset management (Ethos) is an independent US-based company with a global reach in resource mobilization and project finance. By providing financing to public and private projects on all continents and all sectors, Ethos has developed a unique risk modulation model that allows them to provide financing on terms that are not available anywhere in traditional financial markets. . In addition, Ethos provides advice on structuring projects and restructuring debt. Ethos supports and develops its clients to navigate changing market environments to achieve their long term goals with confidence. For more information on Ethos Asset Management, please visit https://www.ethosasset.com/.
About BeyondHIE:
Beyond HIE delivers better outcomes using enhanced secure health information, enabling payers and providers to meet their patients’ healthcare needs with a full range of support ensuring outperformance against claim-based reporting requirements. BeyondHIE value delivers population-level aggregate data in the right place at the right time. BeyondHIE makes consumer health information available when and where you need it; safe, informative, in the hands of your clinician. For more information, please visit beyondhie.org.
SOURCE Idaho Health Data Interchange
Related links
http://www.idahohde.org