Benefit Informatics and Health Cost & Risk Management Form Strategic Business Alliance.Service Provides Access to MEDai Predictive Modeling for TPAs TULSA, Okla. -- Benefit Informatics Same as information technology and information systems. The term is more widely used in Europe. , a leading online benefit administration solutions provider, announced a strategic business alliance with Health Cost & Risk Management, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control (HCRM HCRM Health Care Risk Management ). This new relationship provides Benefit Informatics clients with a comprehensive clinical and management view into claim data utilizing predictive modeling technology from MEDai. "Our relationship with HCRM adds real value for our customers," said Benefit Informatics President & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Philip Kurtz. "By utilizing this service, TPAs, brokers and other customers have access to predictive clinical forecasts that are valuable in controlling and budgeting health care costs. We are pleased to join with HCRM to offer this resource." Bill Bramble bramble, name for plants of the genus Rubus [Lat.,=red, for the color of the juice]. This complex genus of the family Rosaceae (rose family), with representatives in many parts of the world, includes the blackberries, raspberries, loganberries, boysenberries, , founder and president of Health Cost & Risk Management, considers the business alliance with Benefit Informatics a great opportunity for TPAs and other benefit administrators to gain access to unrivaled predictive modeling technology from MEDai. "Because Benefit Informatics has developed integration with many TPA (Transient Program Area) See transient area. TPA - Transient Program Area operations, various adjudication The legal process of resolving a dispute. The formal giving or pronouncing of a judgment or decree in a court proceeding; also the judgment or decision given. The entry of a decree by a court in respect to the parties in a case. systems and PBM PBM - play by mail. See play by electronic mail. vendors, they are able to efficiently provide comprehensive claim data in a seamless and timely manner. We currently have several third party administrators utilizing our combined services and realizing the benefits in proactively managing health care costs." Benefit Informatics' suite of online services, including Benefit Analyzer([R]), Benefit Planner([R]), Benefit Manager([R]), Enroller(SM), Connecter(SM), Verifier(SM) and REporter(SM) allow payers and employers to analyze, plan and manage benefit plans and better understand, predict and control health care costs. MEDai predictive modeling services through HCRM help third party administrators and employers to: * Identify individuals with a high risk of costly medical conditions See carpal tunnel syndrome, computer vision syndrome, dry eyes and deep vein thrombosis. and complications expected to occur in the next 12 to 18 months. * Accurately predict the future cost of individuals based on their clinical condition. * Identify members with chronic diseases who are not in compliance with National Standards of Care Standards of care are medical or psychological treatment guidelines, and can be general or specific. They specify appropriate treatment protocols based on scientific evidence, and collaboration between medical and/or psychological professionals involved in the treatment of a given . About Benefit Informatics Benefit Informatics Inc. enables the efficient planning, management and analysis of employee benefit plans through the delivery of proprietary applications and services to benefit providers through direct and indirect sales channels to plan providers, insurance companies and third party administrators. The company's products include Benefit Analyzer([R]), Benefit Planner([R]), Benefit Manager([R]), Enroller(SM), Connecter(SM), Verifier(SM) and REporter(SM). Through its clients, Benefit Informatics currently serves more than 3,300 businesses, managing health benefits for more than 1.8 million members. For additional information about Benefit Informatics, call 918-491-3600 ext. 1 or visit www.benefitinformatics.com. About Health Cost & Risk Management Health Cost & Risk Management, LLC performs predictive modeling services for Third Party Administrators, Brokers, Provider Networks, Physician Groups and other clients using historical medical and pharmacy claims data. Utilizing the MEDai system, HCRM provides monthly predictions of clinical events and associated costs for each member in their database. For each person the system predicts medical costs, pharmacy costs, emergency room visits and inpatient days for the next 12 month period while also assessing compliance with national standards of care for 20 chronic diseases. The information is used for disease management, large case management and others to address the health care needs of the members. For more information, call 847-926-9406. |
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