Each year, tens of billions of dollars are lost annually to healthcare claims fraud and inaccurate medical coding. The figures are staggering. The good news is, you have the data available to stop the bleeding if you apply the right analytic pressure.
This week, Actian joins forces with our key healthcare partner Atigeo at the AHIP (America’s Health Insurance Plans) Institute National Conference, the major gathering place for the nation’s healthcare payers, to demonstrate our joint solutions that help healthcare organizations leverage the data at their disposal to address fraud, waste, abuse and inaccurate medical coding.
So, how CAN we fix these issues that are costing our healthcare organizations embarrassing amounts of money? How do we apply the big data Band-Aid? By combining Atigeo’s xPatterns predictive algorithmic technology with the power and scalability of the Actian Analytics Platform, organizations can automate and improve these necessary – and often tedious and complex – functions. By doing so, organizations can transform from a static organization crippled by backwards-looking reports, or rules based business intelligence to a dynamic one where analytics is infused into every process and workflow to capture fraud more accurately and reduce waste and abuse through complete and accurate coding. Competition is tough, margins are thin, and we need to spend our time on improved patient care. So why WOULDN’T we use data and predictive/prescriptive science as an extension of our people and process?
We’re excited to spend time with Atigeo at AHIP 2014. Please visit us at Booth 839 to check out our demos, talk to the team and find ways you can transform your data into actionable insights. Follow us on Twitter at @ActianCorp and @Atigeo for the latest news!
See you in Seattle!