BCBS South Carolina's Companion HealthCare Selects MEDSTAT Data Warehousing Solution.Business Editors, Health/Medical Writers ANN ARBOR Ann Arbor, city (1990 pop. 109,592), seat of Washtenaw co., S Mich., on the Huron River; inc. 1851. It is a research and educational center, with a large number of government and industrial research and development firms, many in high-technology fields such as , Mich.--(BW HealthWire)--Nov. 1, 2000 Blue Cross and Blue Shield Blue Shield A US not-for-profit health care insurer that is a reimbursement intermediary for physicians. Cf Blue Cross. of South Carolina's Companion HealthCare signed a three-year license agreement for MEDSTAT MEDSTAT Medical Status Advantage Suite(TM) for managing the cost, use, and quality of health services health services Managed care The benefits covered under a health contract . MEDSTAT Advantage Suite is the 5th generation of decision support systems from The MEDSTAT Group. The system seamlessly integrates a data warehouse, analytic methodologies, and software to provide a powerful and flexible decision support solution. "MEDSTAT Advantage Suite provides us with an all-in-one solution ideal for tackling today's healthcare challenges," said Tim Vaughn, chief financial officer of Companion HealthCare. "It will provide more power and flexibility to our analysts, which is critical to our ability to identify and understand complex healthcare trends affecting our clinical and financial performance." Companion HealthCare will use MEDSTAT Advantage Suite for provider profiling, disease management, and comparing care provided to clinical practice guidelines clinical practice guidelines Clinical policies, practice guidelines, practice parameters, practice policies Medtalk Systematically developed statements to assist practitioner and Pt decisions about appropriate health care for specific clinical circumstances. See Psychology. . "The MEDSTAT methods for grouping claims into complete episodes of care and adjusting the data for varying patient severity are particularly valuable to us for their ability to drive performance improvement and improve the quality of care provided to our members," added Vaughn. Companion HealthCare was the first HMO HMO health maintenance organization. HMO n. A corporation that is financed by insurance premiums and has member physicians and professional staff who provide curative and preventive medicine within certain financial, offered by Blue Cross and Blue Shield of South Carolina South Carolina, state of the SE United States. It is bordered by North Carolina (N), the Atlantic Ocean (SE), and Georgia (SW). Facts and Figures Area, 31,055 sq mi (80,432 sq km). Pop. (2000) 4,012,012, a 15. and today provides healthcare to some 133,000 members. Its mission is to deliver comprehensive healthcare coverage for members. "Companion HealthCare joins a growing list of managed care organizations, leading corporations, and state governments that are using MEDSTAT data warehousing See data warehouse. data warehousing - data warehouse and decision support solutions for more informed decision making about health benefits and services," said Shelby Solomon, general manager at MEDSTAT. The MEDSTAT Group (www.medstat.com) is a health information company that provides decision support systems, market intelligence, benchmark databases, and research for managing the purchase, administration, and delivery of health services and benefits. It serves nearly 1,000 organizations including many of the nation's leading employers, providers, pharmaceutical companies, government organizations, and health plans and insurance companies. Headquartered in Ann Arbor, Mich., MEDSTAT has a 20-year track record of delivering results for customers through innovative products, superior customer service, and outstanding people. |
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