Loopback Analytics to Provide Technology Platform for Walgreens WellTransitionsSM Program

  Loopback Analytics to Provide Technology Platform for Walgreens
  WellTransitionsSM Program

  Solution manages patient populations to help program drive better outcomes
                           after hospital discharge

Business Wire

DALLAS -- March 19, 2013

Loopback Analytics, a care transitions management platform provider, has been
selected to provide the technology platform for Walgreens WellTransitions^SM,
a coordinated care program that brings hospitals and health systems together
with Walgreens (NYSE: WAG) (Nasdaq: WAG) to reduce readmission rates and
health care costs, while improving patient health outcomes and medication
adherence.

The Loopback platform helps Walgreens pharmacists manage patients enrolled in
the program from the point of admission, through hospital discharge and
transition to the home. The technology provides data and analytics to
participating hospitals to help meet their program goals, with real-time
patient readmission information, root cause analysis and more.

“Our relationship with Walgreens substantiates the effectiveness of the
Loopback Analytics platform to help health care professionals achieve positive
outcomes for patients,” said Neil Smiley, president and CEO of Loopback
Analytics. “The innovative WellTransitions^SM program demonstrates how our
solution can be leveraged to mitigate preventable readmissions, while
improving patient satisfaction and helping to control costs.”

WellTransitions^SM was launched in 2012 and has already proven instrumental in
helping hospitals reduce costly patient readmissions while improving adherence
to medication therapies. In fact, preliminary study findings suggest patients
in a Walgreens care transition program had 40 percent lower odds of
readmission within 30 days following discharge^1.

“We understand that discharge from the hospital, new medication therapies and
follow-up care can be overwhelming for patients and caregivers,” said Joel
Wright, Walgreens vice president of health systems operations. “Loopback’s
technology helps us to manage patient interaction from admission to discharge,
while making the process easier for patients, pharmacists and hospital staff.
By simplifying care transitions from the hospital to the home environment, the
program can continue to drive positive results for hospitals while supporting
our mission to help patients get, stay and live well.”

Loopback Analytics’ SaaS-based platform integrates data across a myriad of
health care information systems, empowering providers to identify at-risk
patient populations, match them with appropriate interventions and evaluate
results to ensure consistent quality care. With two-way multimodal
communications, the solution allows patients and caregivers to stay connected
after hospital discharge. Dashboard reporting provides real-time analysis to
measure clinical and economic efficacy of various care interventions.

About Walgreens

As the nation's largest drugstore chain with fiscal 2012 sales of $72 billion,
Walgreens (www.walgreens.com) vision is to become America’s first choice for
health and daily living. Each day, Walgreens provides more than 6 million
customers the most convenient, multichannel access to consumer goods and
services and trusted, cost-effective pharmacy, health and wellness services
and advice in communities across America. Walgreens scope of pharmacy services
includes retail, specialty, infusion, medical facility and mail service, along
with respiratory services. These services improve health outcomes and lower
costs for payers including employers, managed care organizations, health
systems, pharmacy benefit managers and the public sector. The company operates
8,071 drugstores in all 50 states, the District of Columbia and Puerto Rico.
Take Care Health Systems is a Walgreens subsidiary that is the largest and
most comprehensive manager of worksite health and wellness centers and
in-store convenient care clinics, with more than 700 locations throughout the
country.

About Loopback Analytics

Founded in 2009, Loopback Analytics is a pioneer in empowering health systems
and post-acute care organizations to more effectively manage care transitions
and reimbursement challenges in a “pay-for-outcome” environment. The company’s
comprehensive management platform helps identify at-risk patient populations,
match interventions and measure efficacy to improve clinical and financial
outcomes. For more information, visit www.loopbackanalytics.com.

^1 Healthcare Financial Management Association Leadership Bulletin – Feb.,
2013

Contact:

for Loopback Analytics
Thomas Moore, 972-499-6648
Thomas.Moore@hck2.com
or
Walgreens
Vivika Panagiotakakos, 847-315-2923
vivika.panagiotakakos@walgreens.com
 
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