Altarum Institute

Altarum
Company typeNonprofit
IndustryHealth Systems Research
Founded1946
HeadquartersNovi, Michigan, United States
Key people
Michael Monson, CEO
ProductsHealth care consulting, Health systems research
Number of employees
450 (2016)
Websitehttp://www.altarum.org
Headquarters building from Green Road, Ann Arbor

Altarum is a nonprofit research and consulting organization that serves government health insurers, health foundations, and other nonprofit clients that focus on health and health care. Altarum traces its history back to 1946 as Willow Run Laboratory in Ypsilanti, Michigan. In 1972, Willow Run became the Environmental Research Institute of Michigan (ERIM). In 2001, ERIM acquired Vector Research, Inc., a health care information system company, and changed its name to Altarum.[1]

In 2009, Altarum acquired KAI Research, Inc., adding to its portfolio clinical research for the pharmaceutical and biotech industries, academic institutions, and the National Institutes of Health.[2] In 2011, Altarum acquired Palladian Partners, a Maryland-based science, medical, and public health communications firm that serves government agencies and private companies.[3] Altarum expanded its work into advanced data analytics and value-based payment in 2017 by integrating the Health Care Incentives Improvement Institute into its operations.[4]

Research

[edit]

Altarum conducts research related to vulnerable and publicly insured populations. In 2018, Altarum released a report funded by the Kellogg Foundation on the economic benefits of eliminating racial disparities.[5] It also estimated the economic cost of the opioid crisis to have reached $1 trillion from 2001 through 2017.[6] Altarum also analyzes health sector spending, prices and employment.[7]

Health IT

[edit]

In 2010 with funding from a federal grant, Altarum established the Michigan Center for Effective IT Adoption to provide consulting and support to thousands of physicians in Michigan seeking to integrate use of electronic health records systems into their practices.[8]

With funding from the Centers for Medicare & Medicaid Services, Altarum developed an integrated care model to enable primary care physicians to conduct oral health screenings for children, and to refer them to dentists to ensure they receive preventive dental care.[9]

References

[edit]
  1. ^ "Altarum absorbs Health Care Incentives Improvement Institute to expand consulting service mix". Crain's Detroit Business. 3 January 2017. Retrieved 2018-10-26.
  2. ^ "Altarum Institute buys KAI Research Inc. in Maryland". Crain's Detroit Business. 27 January 2009. Retrieved 2018-10-26.
  3. ^ "Altarum Institute buys Maryland communications company". Crain's Detroit Business. 3 February 2011. Retrieved 2018-10-26.
  4. ^ "Altarum absorbs Health Care Incentives Improvement Institute to expand consulting service mix". Crain's Detroit Business. 3 January 2017. Retrieved 2018-10-26.
  5. ^ "Eliminating racial disparities would have big economic payoff, Kellogg/Altarum study says". Crain's Detroit Business. 29 May 2018. Retrieved 2018-10-26.
  6. ^ Mangan, Dan (2018-02-13). "Economic cost of the opioid crisis: $1 trillion and growing faster". CNBC. Retrieved 2018-10-26.
  7. ^ "Hospitals Lead Healthcare Price Growth Plunge | HFMA". www.hfma.org. Retrieved 2018-11-26.
  8. ^ "Altarum to help doctors get IT". Crain's Detroit Business. 21 March 2010. Retrieved 2018-10-26.
  9. ^ "Grant aims to help doctors find kids at risk for dental problems". Crain's Detroit Business. 15 June 2014. Retrieved 2018-11-26.