Blue Shield of California Selects MedeFinance Business Analytics to Improve Provider Relations.Collaboration to Provide Complete Analytics Solutions to Increase Provider Satisfaction OAKLAND, Calif. -- Blue Shield of California Blue Shield of California is a not-for-profit health insurance provider headquartered in San Francisco, California. An independent licensee of the Blue Cross and Blue Shield Association, Blue Shield of California is an incorporated, wholly owned subsidiary of California Physicians' has contracted with Emeryville-based MedeFinance (Mede) to strengthen and streamline its provider communications and processes. Continuing its efforts to make it easier for hospitals and physicians to do business with Blue Shield Blue Shield A US not-for-profit health care insurer that is a reimbursement intermediary for physicians. Cf Blue Cross. , the not-for-profit health plan is collaborating with Mede to obtain data on hospital operations, network management and claims processes. "Mede's intuitive web-based analytics will provide us with a more complete view of our performance and allow us to proactively communicate key performance indicators Key Performance Indicators (KPI) are financial and non-financial metrics used to quantify objectives to reflect strategic performance of an organization. KPIs are used in Business Intelligence to assess the present state of the business and to prescribe a course of action. and trend analysis, identify service breakdowns early on, and assist in resolving systemic issues," stated Duncan Ross, vice president of network strategy and operations for Blue Shield of California. "Working with Mede on a comprehensive analytics solution reflects Blue Shield's commitment to improving provider and member satisfaction." Using Mede's collection of key data metrics, Blue Shield will gain a better understanding of important hospital issues such as medical costs and cycle times, and will be able to identify, address and resolve hospital provider issues without delay. "Mede is at the forefront of developing solutions that allow health plans to make informed business decisions in provider network operations and medical management, resulting in better healthcare for members, increased customer satisfaction, and reduced costs," stated Douglas Williams, senior vice president, payer solutions for Mede. "It's exciting to be partnering with Blue Shield of California - a company that is devoted to improving healthcare by implementing technologies that standardize data reporting." About Blue Shield of California Blue Shield of California, an independent member of the Blue Shield Association, is a not-for-profit health plan dedicated to providing Californians with access to high quality care at a reasonable price. Founded in 1939, it now has 3.2 million members, 4,500 employees, one of the largest provider networks and more than 20 office locations, providing a wide range of commercial and government products throughout the state. The company contributes $30 million annually to the Blue Shield of California Foundation to fund nonprofit organizations Nonprofit Organization An association that is given tax-free status. Donations to a non-profit organization are often tax deductible as well. Notes: Examples of non-profit organizations are charities, hospitals and schools. that improve access to quality health care in California. Contact your local agent or broker for more information about Blue Shield products and services, or visit the Blue Shield web site at www.blueshieldca.com. About MedeFinance Mede is the leading provider of managed, hosted on-demand business analytics and client services to assist healthcare providers and health plans improve performance. The company is recognized for delivering innovative services that create sustainable value Sustainable Value Sustainable Value is an approach to measure and manage sustainability performance. The concept was developed by researchers who are working today for Queen's University Belfast through advanced adaptive analytics, an instantly available IT environment and unparalleled client services. The company serves over 700 healthcare providers in the U.S. and U.K., including Kaiser Permanente Kaiser Permanente is an integrated managed care organization, based in Oakland, California, founded in 1945 by industrialist Henry J. Kaiser and physician Sidney R. Garfield. , Tenet Healthcare Tenet Healthcare Corporation (THC) is an operating company that owns and operates 57 hospitals in the United States [1]. It is based in Dallas, Texas. Its stock ticker symbol on the New York Stock Exchange is NYSE: THC. Corp., Partners HealthCare Partners HealthCare is a non-profit organization that owns several hospitals in Massachusetts, primarily in the Boston area. Massachusetts General Hospital and Brigham and Women's Hospital founded the organization in 1994. , and The Cleveland Clinic Cleveland Clinic (formally known as the Cleveland Clinic Foundation) is a multispecialty academic medical center located in Cleveland, Ohio, USA. Cleveland Clinic was established in 1921 by four physicians for the purpose of providing patient care, research, and medical . To find out more about Mede, visit www.medefinance.com. |
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