Medstat acquires two healthcare payer lines from Solucient.In related news, Medstat (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 , MI), a provider of information and solutions for the healthcare industry and a division of Thomson Corp., has acquired two healthcare product lines, CHAMP and AUTO-AUDIT, from Solucient, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control (Evanston Evanston, residential city (1990 pop. 73,233), Cook co., NE Ill., on Lake Michigan; settled 1826, inc. 1892. A largely residential suburb north of Chicago, Evanston has businesses and manufactures goods such as books and published documents, paper, paint, chemicals, , IL). No terms of the deal were given. The acquired products help healthcare payers, including employers, health plans and government agencies, leverage healthcare data to reduce costs and address the quality of care. CHAMP and Medstat's Advantage Suite are software applications linked to data warehouses that enable healthcare payers to identify factors driving healthcare cost increases, track and forecast healthcare expenditures, monitor medical management initiatives, evaluate the performance of insurance carriers and assess the impact of proposed changes in health benefit plans. AUTO-AUDIT and complementary Medstat products review large volumes of health claims to help payers detect discrepencies and avoid overpayments. |
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