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The Iowa Clinic Signs Multi-Year Agreement with Counterpart Health to Deploy Proven AI Technology to Hundreds of Providers Across the Midwest
Midwest Midwest (US:MDWT) GlobeNewswire News Roomยท2024-09-03 20:05

Company Overview - Counterpart Health, Inc. is a leading AI-powered physician enablement platform and a subsidiary of Clover Health Investments, Corp. [1][6] - The Iowa Clinic, P.C. is recognized as one of America's Top 100 Healthcare Providers and is the largest physician-owned multispecialty group in its community, with over 250 providers across more than 40 specialties [2][7] Strategic Agreement - Counterpart Health announced a multi-year agreement with The Iowa Clinic, positioning it as an anchor customer in the Midwest as part of Counterpart's strategic expansion [1][3] - The agreement allows clinicians at The Iowa Clinic to use Counterpart Assistant, a cloud-based software platform, for managing Medicare Advantage and Medicare Shared Savings Program patients [3] Technology and Impact - Counterpart Assistant is designed to integrate into physicians' workflows, supporting earlier diagnosis and management of chronic diseases, and is currently utilized by over a thousand physicians [4][6] - The technology leverages real-time insights from over a hundred data sources and employs more than one hundred machine learning models to enhance patient care [4] - Clover Health reported a 1,000 basis point medical cost ratio differential between Medicare Advantage plan members whose primary care physicians use Counterpart Assistant versus those who do not [4] Clinical and Financial Value - The Iowa Clinic's leadership emphasizes the importance of innovative medical technologies in improving patient care quality [4] - Counterpart's technology is expected to deliver substantial clinical value to The Iowa Clinic's physicians and their Medicare patients, enhancing both immediate and long-term outcomes [4]