UHealthSolutions Presents Predicting Health Risk and Cost: The Age of the Algorithm Is Over

Advanced Predictive Technology for Health Care Showcased at the 3rdAnnual Predictive Modeling Conference for Health Plans, January 31stin Orlando, Florida

WORCESTER, Mass.--(BUSINESS WIRE)-- “I am tired of trying to drive our health plan by looking in the rear view mirror. I know how we did last quarter; I need to know what is coming next quarter.”

Mark Hays, Chief Technology Officer with UHealthSolutions, will present the Lunch Keynote, Predictin ...

Mark Hays, Chief Technology Officer with UHealthSolutions, will present the Lunch Keynote, Predicting Health Risk and Cost: The Age of The Algorithm Is Over at the 3rd Annual Predictive Modeling Conference for Health Plans. (Photo: Business Wire)

Sound familiar? With rising healthcare costs and payment reform, the need to accurately forecast cost and risk is more important than ever.

Mark Hays, Chief Technology Officer with UHealthSolutions, an affiliate of UMass Medical School, will present the Lunch Keynote, Predicting Health Risk and Cost: The Age of The Algorithm Is Over at the 3rdAnnual Predictive Modeling Conference for Health Plans in Orlando, Florida on January 31, 2012. Mark will describe how UHealthSolutions developed new predictive identification and analysis technology for health care payers, health plans, accountable care organizations (ACOs), community health centers, third-party administrators (TPAs), pharmacy benefit managers (PBMs), medical home programs, integrated delivery systems and providers:

  • Significant improvements in accuracy for individuals, groups and large populations
  • Supports new clinical data, including electronic medical records, health information exchange and hospital information systems
  • Allows you to tune forecasts to match your priorities and population, e.g. chronic conditions and risk of readmission
  • Rapid results can be sent directly to case and disease management programs
  • Improved identification of readmission risk, Medicaid disability status, etc.

This new predictive technology was announced in August of 2011, and quickly garnered interest across the healthcare industry. “The significant improvement in predictive accuracy delivered by the PIDA predictive analysis system is particularly important for care and disease management programs, to optimize care and reduce costs,” said Hays.

UHealthSolutions is a not-for-profit organization, dedicated to improving care nationwide. The new PIDA predictive solution is available to any payer, provider group, plan or vendor – not-for-profit and for profit – as part of the UHealthSolutions family of services.

About UHealthSolutions, Inc.

As a nonprofit affiliate of the University of Massachusetts Medical School, UHealthSolutions recently released three new solutions for healthcare: (1) the PIDA predictive analysis system, (2) the Healthcare Explorer intelligence platform and (3) the BEEs case and benefit management system. These solutions are available through UHealthSolutions.org for payers, providers, hospital systems, ACOs, health plans, TPAs, PBMs, brokers and software vendors – including not-for-profit and commercial organizations. For more information, visit www.UHealthSolutions.org.

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50143433&lang=en



CONTACT:

For UHealthSolutions, Inc.
James Fessenden, 508-856-2000
[email protected]

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Mark Hays, Chief Technology Officer with UHealthSolutions, will present the Lunch Keynote, Predicting Health Risk and Cost: The Age of The Algorithm Is Over at the 3rd Annual Predictive Modeling Conference for Health Plans. (Photo: Business Wire)