ikaSystems to Highlight Payer Cloud Success Stories at AHIP’s Institute 2011

SOUTHBOROUGH, Mass.--(BUSINESS WIRE)-- Health insurers with first-hand knowledge of the value of cloud computing to transform an industry searching for ways to quickly, efficiently and cost-effectively adopt reform-ready technologies will be sharing their perspectives next week at Institute 2011, the annual meeting of America’s Health Insurance Plans (AHIP). ikaSystems, the premier provider of enterprise-level cloud computing solutions for the healthcare payer market, is a chairman-level sponsor of the event and will host several leading insurers that are using its ground-breaking technology as a basis for innovation in their commercial, Medicare and Medicaid lines of business.

In a concurrent session on Thursday, June 16, at 1:30 p.m., Michelle Gaggini, vice president of Federal Business Operations at Blue Cross Blue Shield of Michigan, will present, “A 360-Degree View of Medical Cost Containment and Revenue Optimization in Medicare.” The session will cover the requirements for successful innovation in the Medicare market, including integrated medical management and informatics. Gaggini will discuss best practices for analyzing cost and quality drivers, practice patterns, network management and revenue optimization opportunities, and pay-for-performance programs, with the ultimate goal of sharing insights with all healthcare stakeholders for better healthcare outcomes and improved health plan risk scores and star ratings.

“Each year, AHIP’s Institute is an opportunity to reflect on how rapidly the health insurance market is evolving, spurred on by the Patient Protection and Affordable Care Act and other initiatives such as ICD-10 as well as insurers’ pursuit of differentiation and growth. However, so many technology options continue to present a ‘business as usual’ approach to health plan challenges,” explained Ravi Ika, chief executive officer of ikaSystems. “Our clients recognize and enjoy talking about how our cloud computing delivery model helps them reduce their technology total cost of ownership and simplify IT operations. At the same time, ikaEnterprise, our integrated, modular technology suite, allows them to pick and choose which functionality is most important to deploy first. It’s a perfect combination for those dealing with a constantly shifting market.”

ikaEnterprise from ikaSystems is the industry’s most flexible, complete suite of integrated administrative and care management solutions. ikaEnterprise meets over 90 percent of a health plan’s technology needs, working across all health plan departments and business lines to help health plans optimize the allocation of premiums between administrative costs, medical costs and health plan profits.

AHIP’s Institute 2011 takes place June 15 through June 17 at the Moscone Center in San Francisco. ikaSystems will be in booth 301. For more information on ikaSystems or to receive updates on ikaSystems’ activities during the event, please visit http://www.ikasystems.com/anywhere.aspx or follow ikaSystems on Twitter.

About ikaSystems Corp.

ikaSystems is the premier provider of enterprise-level cloud computing technologies to support healthcare payers’ commercial, Medicare and Medicaid lines of business. ikaEnterprise, the company’s product suite, automates all key processes in the payer business cycle — from marketing and sales through claims administration and customer service to care and quality management and business intelligence — all on a single integrated platform. Using our agile, modular technology, organizations can proactively move to lower administrative and medical care expenses and thrive in even the most challenging environments. To learn more, please visit www.ikasystems.com.



CONTACT:

ikaSystems
Sandy Cummings, 774-249-9066
[email protected]

KEYWORDS:   United States  North America  Massachusetts

INDUSTRY KEYWORDS:   Technology  Data Management  Software  Practice Management  Health  Professional Services  Insurance  Managed Care

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