Data for All Your Benefits
Benefit Informatics puts all of your claims data in one place. Our software can help you interpret your data and understand the true costs of your benefits offering, so you can make informed decisions without increasing administrative complexity.
Typically, companies work with multiple health plans, pharmacy benefits managers, TPAs and other vendors. With claims and pharmacy data coming from multiple sources, it can be difficult to draw meaningful conclusions and discover trends that help you plan effectively.
Benefit Informatics normalizes your data to increase consistency and provide more opportunity for strategic analysis. With all your data at your fingertips, you can easily monitor healthcare spending, identify opportunities to control costs, and forecast changes to your benefits package. The information is already there – our data warehouse helps you use it effectively.
Build to Suit Your Business Needs
What goes into your data warehouse is up to you. Benefit Informatics integrates information from dozens of vendors and can incorporate data from adjudication systems, payroll and eligibility programs, pharmacy benefits managers/pharmacy vendors, utilization management and more.
You also determine how to use your data warehouse. Integrate various types of data from multiple systems according to your specific analysis goals, and easily access information provided by:
- Employers
- Health plans
- Hospitals
- Doctors
- Brokers and consultants
Data analysis and reporting tools provide expanded opportunities to evaluate your data, experiment with plan design techniques and see the impact of potential changes in real time.
How It Works
Once you identify the type of information you want to analyze, Benefit Informatics hosts your data in a secure data center which facilitates daily uploads and enables access to the most current information. After your data sources are identified, the data is cleaned, validated and organized to make it simple to access and analyze. The data warehouse requires a Username and Password for secure access by multiple users, and access to Personal Health Information (PHI) is controlled at the individual user level.