CAMPBELL, Calif.--(BUSINESS WIRE)--Transcend Insights®, a population health company, today announced it has entered into an agreement with Milliman, Inc., one of the world’s largest providers of actuarial services, to integrate Milliman’s risk analysis and adjustment tools within its population health and wellness offerings.
Transcend Insights’ HealthLogix™ platform will incorporate Milliman Advanced Risk Adjusters® (MARA®), a suite of risk adjustment tools for population analysis and predictive modeling for the health care industry. This will provide health systems, physicians and care teams with improved insight into patient populations to assess risk and understand where patients rank within a population in order to eliminate gaps in care and develop proactive and cost-effective care intervention strategies. By delivering a clear and actionable view into the financial performance and risk measures of a given population, this integration affords physicians and care teams the freedom to make confident financial and clinical decisions.
MARA risk adjustment tools and the data they provide will be fully incorporated into the electronic workflows of the Transcend Insights’ HealthLogix platform, providing a seamlessly integrated view of how the population is performing from a traditional financial perspective. This view helps physicians and care teams determine which part of the population requires the most attention while integrating the analysis into daily workflows without the need for separate reports.
“Within population health there is a real desire to better understand the financial performance and risk associated with caring for patient populations. Traditionally, the data needed to make these determinations have lived in separate silos,” said Thomas J. Van Gilder, MD, JD, MPH, Chief Medical Officer of Transcend Insights. “This integration with Milliman will provide added confidence in care decision making and more closely align patient and financial health performance.”
“Having the right analytical and predictive tools is essential when assessing the risks of a population under value-based care,” said Diane Laurent, MARA Managing Director. “We are pleased to be working with a population health innovator like Transcend Insights.”
The integration will enable population health risk assessment capabilities to deliver more intelligent scoring for greater clinical transparency.
About Transcend Insights
Transcend Insights® is redefining population health with a platform for population wellness. Our HealthLogix™ technology platform supports the unique perspectives that make up a population wellness care team. By adapting tools and insights to each individual and their contribution to team-based care, we are powering a better health care experience, giving people the freedom to make confident decisions, and helping to preserve the health and wellness of populations.
Transcend Insights is a wholly owned subsidiary of Humana Inc. (NYSE: HUM) and is headquartered in Campbell, Calif., in the heart of Silicon Valley. For more information, please visit www.transcendinsights.com, @Transcend_Care, LinkedIn, and Google+.
Milliman is among the world’s largest providers of actuarial and related products and services. The firm has consulting practices in healthcare, property & casualty insurance, life insurance and financial services, and employee benefits. Founded in 1947, Milliman is an independent firm with offices in major cities around the globe. For further information, visit www.milliman.com.
For more on MARA, go to http://www.millimanriskadjustment.com.