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Vendor Assessment: Health Plans Seeking Stars, Adding Analytics Solutions for Medicare Advantage
| Authors: | Sven Lohse, Janice W. Young |
| Document # | HI236618 |
| Published | August, 2012 |
| Document Type | Vendor Assessment |
| Number of Pages | 11 |
Overview
This IDC Health Insights report and its sister report, Vendor Assessment: Profiles of Five-Star Medicare Advantage Analytics Solutions (IDC Health Insights #236619, August 2012), describe important five-star analytics solutions that help health plans compete in the Medicare Advantage market. Health plans are adopting these solutions because they help to earn valuable bonuses and consumer-oriented recognition against the government's five-star quality performance metrics. These bonuses are especially valuable against a backdrop of declining reimbursement rates.
Sven Lohse, research manager, Healthcare, with IDC Health Insights, says, "These solutions are quickly becoming a business requirement for current MA programs. In addition, we expect such five-star tools and capabilities will be useful to health plans as they cultivate MA- and non-MA-based business that is based on quality metrics (e.g., ACOs) and consumer-oriented business that will be transacted on health insurance exchanges."
Subscriptions Covered:
IDC Health Insights: Healthcare Payer IT Strategies
Companies Covered:
Verisk Health, Inc., Health Dialog Services Corporation, OptumInsight, MCKESSON CORPORATION, Inovalon, Inc., General Dynamics Information Technology, Inc.
Regions Covered:
Topics Covered:
Applications, Sales operations, Software
Vertical Markets:
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