Regional Hospital Association, Consulting Firm Form Analytics Joint Venture
A Cleveland-based regional hospital association, the Center for Health Affairs, has formed an analytics joint venture with consulting firm Endeavor Management.
Endeavor Analytics’ flagship product, CorrelateIQ, streamlines the ingestion and harmonization of large, disparate data sets, delivering visualizations and insights to empower decision-making.
The Center for Health Affairs convenes 37 hospital and healthcare organizations along with community partners across 10 counties in Northeast Ohio. Its efforts focus on areas in which hospitals and their communities can benefit from a regional approach, including emergency preparedness; behavioral health; public policy and advocacy; finance and reimbursement; and social determinants of health. Through its business affiliates, CHAMPS Group Purchasing and the Essentials Group, the center provides several professional services to its members.
Endeavor Management is a global strategic advisory firm specializing in energy, healthcare, and industrial sectors.
Orlando L. Alvarez Jr. has been named executive director of Endeavor Analytics. He has held leadership roles at Cleveland Clinic Florida, Sisters of Charity Health System, and the University of Miami Health System.
Initial CorrelateIQ solutions include:
Price Transparency Insights – A tool that delivers market intelligence on competitor rates with multiple healthcare payers.
Benchmarking and Dashboarding – Taking large and disparate external and internal, market, and patient data sets and creating data measures and dashboards for active monitoring and strategy development.
Convenings – Thought leadership and think tank for tackling the toughest issues, bringing together experts and practitioners to share challenges and solutions guided by data and analytics curated by CorrelateIQ.
Endeavor Analytics will also provide comprehensive advisory services.
"Finding ways to accelerate data analysis and providing fact-based insights will be a game changer. CorrelateIQ will bring solutions that can be harnessed not only in health care but in other industries as well," said Alvarez in a statement.