HealthNow Administrative Services Implements Benefit Informatics’ Data Analytics Technology for Financial and Clinical Analysis
First customer to enable Advanced Clinical featuring Johns Hopkins ACG® System
TULSA, OK / KING OF PRUSSIA, PA – Sept. 29, 2011 - HealthNow Administrative Services (HNAS), a leading national Third Party Administrator (TPA) of self-funded benefit plans, recently implemented Web-based Data Analytics technology from Benefit Informatics to consolidate multiple data sources and provide clients with integrated plan analysis and reporting.
HealthNow Administrative Services utilizes online Software as a Service (SaaS) applications from Benefit Informatics, a Benefitfocus company, to analyze plan data and provide analysis, reporting and plan design alternatives for self-funded employer clients. HNAS was also the first administrative services organization to enable Advanced Clinical functionality, featuring the Johns Hopkins Adjusted Clinical Groups® (ACG®) System for clinical predictive modeling.
“Since implementing Benefit Informatics data analytics technology into our operations, we have seen the benefits of integrating claim, eligibility and clinical predictive modeling on one platform,” said Chris Moyer, Director of Analytics for HealthNow Administrative Services. “With the addition of the Advanced Clinical functionality, we are very excited to help our clients analyze and predict future risk and costs for their plans. Our goal is to help our customers proactively manage risk and assess performance. With Benefit Informatics we offer our clients a comprehensive analytics package to better manage their health plans and control costs.”
Benefit Informatics Data Analytics technology allows HNAS account managers, analysts and consultants to monitor, analyze and forecast plan activity and costs for clients across the nation. Standard and ad-hoc analysis and reporting applications let HNAS users assess risk for plans and groups and drill-down into specific procedures, providers and diagnosis. Because the applications are located within a secure online system, data and reporting can be executed, scheduled and shared with self-funded plan administrators securely.
Moyer adds, “Benefit Informatics and their data analytics technology have become an important component of our operations. They play an important role in helping us enhance our customer reporting and communications and have helped in winning new clients. We view our relationship with Benefit Informatics as a valuable partnership in our continued growth.”
