• Edit

Recent News about Wayspring

Edit
More about Wayspring
Edit

AxialHealthcare, a subsidiary of Wayspring, operates in the healthcare sector, specifically focusing on risk mitigation for patients with substance use disorders. The company has carved a niche for itself by providing a single, end-to-end solution that combines technology and human touch to improve both clinical and financial outcomes.

AxialHealthcare's primary clients are health insurance companies and healthcare providers. The company offers a suite of interactive tools that enable data-driven decision-making at the point of care. These tools provide patient intelligence, highlighting patients who fall into certain risk categories, such as those recommended for evaluation for substance use disorder, patients receiving opioids from multiple providers, or those using benzodiazepines with opioids.

The company's business model is centered around partnering with health insurance companies to offer these tools and resources to healthcare providers. This partnership allows providers to access patient-specific snapshots of key clinical information, an interactive opioid reduction tool, and insights into areas of patient risk within a set of clinical measures for opioid prescribing.

AxialHealthcare generates revenue through these partnerships with health insurance companies, who pay for the use of their risk mitigation tools and resources. The company's high-tech, high-touch approach, coupled with its wraparound patient support team, ensures that providers have the necessary resources to support the health and safety of patients on opioids.

Since 2017, AxialHealthcare has been successful in collaborating with multiple insurance companies, demonstrating its potential for growth and profitability in the healthcare sector.

Keywords: Healthcare, Risk Mitigation, Substance Use Disorders, Data-Driven Decision-Making, Patient Intelligence, Health Insurance Companies, Healthcare Providers, Opioid Reduction, Clinical Information, Patient Support.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.