Unlocking the Full Potential of Healthcare
Imagine this: A healthcare ecosystem where payers, providers, patients, and partners can seamlessly connect to securely share information directly with each other, tearing down the barriers in healthcare. Also in this ecosystem, innovators can deploy and scale solutions that improve healthcare experiences by leveraging a network, standards, and processes that are developed collaboratively and can work for all. This is the vision behind Avaneer Health.
A conversation in 2017 sparked the vision between a small group of healthcare industry leaders who saw the potential for a new way of working together. They discussed how to create an ecosystem that facilitates collaboration, real-time data sharing, distributed governance, and common processes running in a trusted, permissioned, and secure environment wherein participants can transact with one another. The conversation grew to include an impressive group of innovative leaders from both payers and providers who shared the enthusiasm and vision of creating a healthcare network to enable direct connectivity between participants. This connectivity would include common data models, the latest in technology standards and infrastructure capabilities, modern security, and immutability that could be the answer to solving healthcare’s connectivity and interoperability issues.
Those early conversations led to the formation of a consortium called the Health Utility Network. Its name reflected the commitment to create a healthcare-focused network with common utilities that would scale to the healthcare industry’s needs. Its initial founding members — Anthem (now Elevance), Cleveland Clinic, CVS Aetna, HCSC, IBM Watson Health (now Merative), PNC Bank, and Sentara Healthcare — put aside their individual views, competitive overlap, and individual interests, and committed to work together towards a common goal of advancing healthcare transformation. The consortium created a framework for how an independent company would operate, tackling the challenging issues of trust, data ownership, access, privacy, and governance, while driving to a business model with a central focus on industry participation. In addition to seed capital, each of the founding members contributed its unique perspective, expertise, and passion.
In June 2021, the consortium officially funded and launched Avaneer Health as an independent company, formed to create a network with common infrastructure, interoperability tools, solutions, and a solution exchange capable of enabling the transformation of healthcare. The Avaneer Health team and the founding organizations continue to work together to co-develop joint processes and solutions. This type of collaboration creates opportunities for business models yet unimagined to help solve age-old challenges and unlock massive cost, process, and technology inefficiencies.
In an industry where new, innovative solutions often bring new complexities and have trouble getting to scale, Avaneer Health is working to create an ecosystem, a platform for collaboration, and a secure industry infrastructure that can help improve efficiency, and enhance outcomes, save billions in administration costs and, most importantly, improve patient outcomes and the overall patient experience. With the platform coming to life, we are now turning our attention toward growing the ecosystem of organizations that are committed to tearing down the barriers that have plagued healthcare for decades. Please reach out if you and your organization want to be part of the next generation of healthcare.