Faros adds behavioral healthcare provider to its customer base

Faros Healthcare, a provider of artificial intelligence (AI) and data analytics solutions, has added Centerstone, a non-profit provider of behavioral healthcare, to the company’s 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, 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.”

Centerstone offers 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 Vero, CEO of Centerstone Tennessee.

“The Faros artificial intelligence platform complements the clinical judgment 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 gain-sharing agreements that require advanced algorithms to deliver actionable results that address specific problems.