Regional Health Plan Provides Employer Groups and Brokers with Industry-Leading Analytics and Reporting to Fuel Data-Driven Decisions
Emeryville, CA – September 18, 2017 – MedeAnalytics, a pioneer in health care analytics, today announced that MVP Health Care (MVP), a not-for-profit health insurer serving New York and Vermont, is improving reporting turnaround time and enhancing self-service capabilities by leveraging MedeAnalytics’ Employer Reporting solution. Employer Reporting provides collaborative, modern, health care analysis and reporting to health plans, helping them increase employer retention, reduce strain on internal reporting staff and improve client satisfaction.
Since launching the solution earlier this year, MVP has provided its employer groups and brokers with access to actionable data to make better strategic decisions on behalf of its members. With this clinical and financial information, employers can focus on the strategies that are most likely to help improve the health of their employees.
“In the wake of rising costs, employers are continually searching for the best possible benefit packages and we knew our brokers needed better access to reliable, comprehensive and actionable data,” said Augusta Martin, vice president, client engagement. “With MedeAnalytics’ ability to rapidly refresh data from a variety of sources and their self-service capabilities, we can now deliver real-time, quality insights to our employers and brokers. Reporting turnaround times have also been greatly improved, allowing our brokers to focus their time and resources on giving our members the best possible offerings.”
MVP, which serves more than 700,000 members across two states, began leveraging MedeAnalytics’ Employer Reporting solution by first initiating close collaboration between its analytics, information technology, and account management departments. After integrating the collective feedback, MVP launched the web-based solution with dashboards and standard reports that automatically refresh on a monthly basis to continually measure the performance of a plan. The solution aggregates data ranging from raw membership information and medical and pharmacy claims to authorizations and third-party data, bringing it all into one source. Users can generate a stylized presentation report that packages performance data into an attractive PowerPoint that brokers can provide to clients. Alternatively, users can also leverage the self-service and drill-down capabilities to dig deeper and make data-driven decisions and client recommendations on the fly.
“By having access to a complete, longitudinal view of members, along with utilization and enrollment data, MVP can provide the highest level of service to its members while improving communications, both internally and externally,” said Paul Kaiser, chief executive officer of MedeAnalytics. “We are pleased to have played a critical role in their success and are committed to helping similar payers across the country achieve agile reporting to maintain a competitive edge in their markets.”
Reaction to the current solution rollout has been very positive among MVP’s brokers. The health plan aims to continue to expand reporting capabilities in the upcoming year with additional data, as well as formatting enhancements.
About MVP Health Care
MVP Health Care is a nationally recognized, community-focused, not-for-profit health insurer serving more than 700,000 members in New York and Vermont. Committed to the complete well-being of its members, MVP provides the tools and information they need to achieve better health and peace of mind. For more information, visit www.mvphealthcare.com, or on Facebook at www.facebook.com/mvphealthcare, and on Twitter at @MVPHealthCare.
MedeAnalytics provides evidence-based insights to solve a real problem that plagues healthcare – how to use the immense amount of patient data collected along the care continuum to deliver cost-effective care and promote a healthier population. Its analytics platform delivers intelligence that helps healthcare organizations detect their greatest areas of risk and identify opportunities to improve their financial health. It empowers providers and payers to collaborate and use data to strengthen their operations and improve the quality of care. MedeAnalytics’ cloud-based tools have been used to uncover business insights for over 1,500 healthcare organizations across the United States and United Kingdom. The company has also been named one of Modern Healthcare's top 100 Best Places to Work in Healthcare for 2014, 2015 and 2016. For more information, visit www.medeanalytics.com.
Anne Perez, Senior Director, Marketing
Jo Ann LeSage Nelson
MVP Health Care