The market is becoming increasingly competitive for health plans...
To be successful and sustainable long-term, plans must comprehensively and powerfully demonstrate the value they bring to its members.
By strategically implementing analytics solutions, plans can work in partnership with their employer groups to understand cost and utilization patterns. Most importantly, these data-informed insights can be applied to improve the affordability and quality of care for members/employees.
Spotlight: Blue Cross & Blue Shield of Rhode Island
See how BCBSRI uses MedeAnalytics Employer Reporting to craft multi-year strategies for their strategic clients, drive up employer efficiencies by 70%, and achieve revenue uplift of over $1.3 million.
Get in touch if you're ready to drive productivity and see significant savings.
Empowering information consultants to evolve into trusted advisors at BCBSRI
Hear the compelling story of how BCBSRI deployed actionable, self-service analytics and enabled process improvements to help reach its goals. They saved $1.6 million in increased efficiencies and saw the solution pay-off in under 12 months – and you can too.
Watch the webinar to find out how.
Tap into the power of your data to drive positive transformation
Employers are under intense pressure to stay fully staffed amid the “great resignation,” keep their workforce healthy despite an ongoing global pandemic, and reduce unnecessary costs threatening to cripple their operations. Especially since most employers still provide health benefits, successful achievement of nationwide priorities like COVID-19 vaccination, integrated mental health and population-specific support programs is also heavily dependent on employers’ proactivity and investment.
In light of these factors, Harvard Business Review urges employers to rely heavily on medical expertise, leverage data to tackle costs and provide the right care options, and forge strong partnerships with like-minded organizations. Health plans are in a uniquely opportune position to help employers with these structural changes by providing comprehensive, clear analytics and reporting on utilization trends, population needs, and health outcomes.
In a 2017 article, HR Dive noted “carriers would do well to become partners with employers to solve the real issues of rising costs and a lack of offerings that speak to employees’ practical needs”-and in the years since this idea has only grown in importance. Health plans that offer customizable, user-friendly dashboards and data-driven, action-oriented insights are massively and measurably valuable to employers. These capabilities help employers go beyond basic information about benefit usage-drilling down into prevalence of chronic disease within the workforce, ER visit trends among various subgroups, wellness status of specific teams and individuals, and much more.
MedeAnalytics Employer Reporting empowers your health plan with the platform and tools you need to deliver these analytics to your employer clients, helping to build your reputation as an indispensable partner.
Getting the most out of your analytics?
Probably not, if you're like most health plans. Find out how our customers used analytics to increase large group business by 176%, generate 30k+ reports in 48 hours and improve business even during the pandemic.
Request your complimentary
Value Discovery Assessment
Curious to see it for yourself?
Take advantage of our complimentary Value Discovery Assessment to see the goals you could accomplish with Employer Reporting.
Using individual inputs from your health plan, our expert healthcare data analyst Leonard Bubis applies extensive analysis techniques to identify and show the value that we anticipate you achieving (e.g. revenue growth, increase in efficiencies, payback, ROI) and the average value forfeited per month in implementation delay.