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SOMOS Innovation
New York City, New York, United Statessomosinnovation.com ↗
- Ownership
- Private
- Development stage
- Commercial
01
Overview
SOMOS Innovation is an active healthcare services company focused on enabling independent physicians—primarily in New York City—to succeed under value-based payment models. It provides administrative support, data analytics, revenue cycle management, EHR optimization, patient engagement tools, and strategic contracting to improve health outcomes for underserved populations. The organization evolved from SOMOS Community Care after the conclusion of New York’s DSRIP Medicaid redesign program in 2020. It is recognized as the only Value-Based Payment Innovator in New York State implementing full-risk contracts for Medicaid populations.
- Industry
- Non-Academic Healthcare
02
Partnerships
BioReference Laboratories / OPKO Health – diagnostic testing/data analytics partnership to support patient diagnosis and case management within the SOMOS networkMDLand – collaboration on EHR systems integration for member practicesThe Garage – sublicensed health platform via BioReference partnership to integrate providers/patients/population health solutions into advanced data analytics engine
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