Faros Healthcare, a provider of artificial intelligence (AI) and data analytics solutions, today announced the addition of Centerstone, one of the nation’s largest nonprofit providers of behavioral healthcare, to the company’s growing customer base. Providers use the Faros real-time, predictive analytics platform for complex health treatments, accessing the AI tools to help determine the clinical treatment path that will deliver the best outcome at the optimum cost for a specific patient.
“We are honored that our technology is being used by Centerstone Tennessee to direct optimal care to chronically ill patients in the state − those with serious and persistent mental illness,” said Jim Stefansic, PhD, MBA, CEO of Faros. “As a data-driven organization that uses our technology, Centerstone will be well-prepared to thrive in the state’s behavioral health program known as Tennessee Health Link and other value-based reimbursement programs that will be prevalent in Tennessee.”
As one of the nation’s largest providers of behavioral healthcare, Centerstone offers a full range of mental health services, substance use treatment and intellectual and developmental disabilities services in Florida, Illinois, Indiana, Kentucky and Tennessee. Faros will be working with Centerstone Tennessee to assist with treatment of patients enrolled in TennCare, the state’s Medicaid program.
“As the State of Tennessee continues to advance value-based care, we are excited to use Faros’ technology to inform the best treatment options for the optimal clinical outcome and cost,” said Robert N. Vero, EdD, CEO, Centerstone Tennessee. “The Faros artificial intelligence platform complements the clinical judgement of our staff by helping to guide the right treatment for each specific patient.”
The Faros technology is ideal for those engaged in risk-based contracts, including accountable care organizations (ACOs) and providers in gainsharing agreements that require advanced algorithms to deliver actionable results that address specific problems. In particular, Faros is focused on care beyond the clinic through care coordination and case management, since healthcare organizations must closely monitor and improve health on an ongoing basis for complex conditions such as behavioral health.
About Faros Healthcare
Providers use the Faros Healthcare real-time, predictive analytics platform for complex health treatments, accessing the artificial intelligence (AI) tools to help determine the clinical treatment path that will deliver the best outcome at the optimum cost for a specific patient. The company’s groundbreaking technology has increased outcomes by 40% while decreasing cost by 40%. Faros’ solutions are ideal for those engaged in risk-based contracts, including accountable care organizations (ACOs) and providers in gainsharing agreements that require advanced algorithms to deliver actionable results that address specific problems. For more information about Faros, visit www.farosheath.com.
About Centerstone
Centerstone is a national, private, not-for-profit 501(c)(3) healthcare organization. It provides a comprehensive scope of behavioral health services to people and communities in Florida, Illinois, Indiana, Kentucky and Tennessee. Additionally, it offers specialized life skills development, employment and housing services for adults in southern Illinois with intellectual and developmental disabilities. The organization offers a range of services and supports nationwide to service members, veterans and their loved ones, helping them to lead healthy and fulfilling lives beyond military service. Centerstone also operates the Centerstone Foundation, Centerstone Research Institute, Advantage Behavioral Health, Centerstone Military Services and Centerstone Health Partners. For more information about Centerstone, please call 888-291-4357 or visit www.centerstone.org.