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Solera Health Named Best Overall MedTech Company in 2019 by MedTech Breakthrough Awards ProgramPHOENIX, June 5, 2019 /PRNewswire/ -- Solera Health, a company committed to changing lives by guiding people to better health in their communities, has been named "Best Overall MedTech Company" by MedTech Breakthrough, an independent organization that recognizes the top companies and solutions in the global health and medical technology market. Judges selected Solera based on the proven success of its technology platform that matches people to the highest quality, evidence-based digital applications and in-person community resources. This consumer-first approach, combined with performance-based payments through medical claims, has transformed a previously chaotic healthcare landscape. The Phoenix, Arizona-based high-growth company has established a unique position within the healthcare industry through its marketplace and payment innovation model that allows health plans and employers to leverage a broad network of community and digital providers paid through medical claims for achieving clinical outcomes. Most recently, Solera raised $42 million in health plan-driven capital infusion led by HCSC Ventures to expand the impact of its novel marketplace model to include social determinants of health (SDOH). The evolution of the network model will allow Solera to continue to innovate by fully addressing food insecurity, medically-tailored meals, transportation, falls prevention, social isolation, and more. "Solera Health experienced a breakthrough year with several significant milestones that continue to drive the company's explosive growth," said James Johnson, managing director, MedTech Breakthrough. "From key additions to its leadership team, a strategic socal determinants of health partnership with Blue Cross Blue Shield Institute as well as their recent Series C funding from health plans, the company is on an impressive track and we are thrilled to recognize the company for their innovation and leadership in the fields of holistic and digital health." The mission of the MedTech Breakthrough Awards is to honor excellence and recognize the innovation, hard work and success in a range of health and medical technology categories, including Robotics, Clinical Administration, Telehealth, Patient Engagement, Electronic Health Records (EHR), mHealth, Medical Devices, Medical Data, and many more. This year's program attracted more than 3,500 nominations from over 15 different countries throughout the world. "Solera Health is thrilled to be named a MedTech Breakthrough Award winner for the second year in a row in acknowledgment of the company's market traction, high growth, and continued innovation," said Brenda Schmidt, CEO, Solera Health. "2019 has been a pivotal time for our organization as we continue to evolve the reach and impact of our network model to address SDOH and behavioral health to further extend our impact on individual health outcomes at scale." Solera's proprietary platform connects individuals with the digital, national and community health resources that best align with each individual's personal health goals. Serving as the hub for patient identification and referral, program delivery, billing/reimbursement and reporting, the company's model connects a nationwide network of community and digital programs with capabilities to manage and track engagement, reimbursement and payment, data analytics and reporting. About Solera Health About MedTech Breakthrough View original content to download multimedia:http://www.prnewswire.com/news-releases/solera-health-named-best-overall-medtech-company-in-2019-by-medtech-breakthrough-awards-program-300862531.html SOURCE Solera Health, Inc. |