HOPCo Buys Stryker Performance Solutions’ Value-Based Care Business

Healthcare Outcomes Performance Company (HOPCo) has acquired Stryker Performance Solutions’ BPCI-A value-based care convener business and segments of SPS’ health system orthopedic service line analytics subscription business.

Phoenix-based HOPCo said the acquisition would make it one of the largest conveners of musculoskeletal bundle payment programs and the largest manager of orthopedic service lines in the country, with more than 100 hospital and physician practice customers.

In this transaction, HOPCo will acquire Episode Performance Manager, SPS’ outcomes management software, as well as assume Stryker’s interest in a clinically integrated network based in Buffalo, N.Y.  HOPCo will also be licensing RecoveryCoach and the orthopedic Hospital Reported Outcomes analytics tools. 

HOPCo provides practice and outcomes management, value-based health care solutions and care coordination for musculoskeletal practices, health systems and clinically integrated care networks.  HOPCo’s affiliated practice networks and health system partners participate in population health, bundled payments and other value-based care programs using HOPCo’s technology platforms and clinical care pathways. The SPS convener and orthopedic analytics subscription business lines will be added to HOPCo’s broader suite of tools focused on population health and will further accelerate performance by leveraging the data collected and efficiencies developed by HOPCo for over a decade.

“With this acquisition, HOPCo will expand its population health and musculoskeletal management programs to existing SPS and HOPCo customers, as well as new customers throughout the U.S.,” said David Jacofsky,  M.D., CEO of HOPCo, in a statement. “With HOPCo’s robust array of tools and analytics, and the addition of these assets developed by SPS, we can better help align stakeholders to drive their market transformation as they become more operationally efficient and lead the move toward value-based care,” added Dr. Jacofsky. 

Several SPS employees will join HOPCo’s Health System and Value-Based Care Management division as part of the acquisition. 

HOPCo’s tools now include:

• Hospital Reported Outcomes is a web-based dashboard that tracks and reports key performance drivers to support orthopedic service line and quality improvement initiatives. 

• Episode Performance Manager is a web-based dashboard used to analyze and report on bundled payment claims data from Medicare. The easy to use dashboard allows stakeholders to quickly review costs (by provider) across the entire episode of care to pinpoint opportunities to reduce costs and to drill-down into detailed reports of key metrics based on Medicare claims data received.

• RecoveryCoach is an online care coordination and patient engagement portal. Patients are enrolled prior to surgery and receive online (computer, phone or iPad) alerts and notifications of what they should expect and need to do to navigate their orthopedic surgery and recovery. The entire care team (nurse, physician, staff and family) can have access to help the patient stays on course throughout their 90-day episode of care.