Company recognized by CIO Magazine for their data transparency solutions and market leading medical device implant intelligence system
IPG Selected as 2013 CIO 100 Award Winner for their Technological Innovation in Healthcare
<0> IPGKerry L. Perry, 770-753-0046 </0>
IPG, the leading nationwide provider of Implantable Device Benefit Management (DBM) solutions, was named a recipient of the 2013 CIO 100. The 26th annual award program recognizes organizations around the world that exemplify the highest level of operational and strategic excellence in information technology (IT).
"For 26 years now, the CIO 100 awards have honored the innovative use of technology to deliver genuine business value," said Maryfran Johnson, Editor in Chief of CIO magazine & events. "Our 2013 winners are an outstanding example of the transformative power of IT to drive everything from revenue growth to competitive advantage."
The implantable device market is one of the fastest growing segments of medical expense with annual spend in the United States of over 125 Billion and growing at a 6.6% rate. Built on the intelligence and expertise from IPG’s proven DBM model and patent-pending innovative technology and device algorithms, the IPG solution delivers never before seen transparency in creating informed consumers and improving quality and cost of healthcare for surgical procedures.
According to Marty Smith, CIO of IPG, “We have taken all of the intelligence and experience from our proven implant management model and built out deep and transparent analytics to create an interactive solution that establishes much needed industry benchmarks for our partners to evaluate and reward effective cost and quality care for the consumer. IPG is excited to be named a recipient of the 2013 CIO 100.”
IPG recently launched IPG PathFinder 360, the cost and quality spotlight for implantable procedures. The new product leverages big data to understand the cost and practice variations around implant spend to manage risk and deliver actionable information to their stakeholders, while establishing collaborations among the parties that are delivering healthcare. IPG assists Health Plans in developing, implementing and monitoring reimbursement and collaborative programs around implantable device procedures that uniquely fit within their objectives around providing the highest quality of care at the appropriate cost.
Executives from the winning companies will be recognized at the , to be held Tuesday evening, Aug. 13th at The Broadmoor in Colorado Springs, Colorado.
The recipients of this year's CIO 100 award were selected through a three-step process. First, companies filled out an online application form detailing their innovative IT and business initiatives. Next, a team of judges reviewed the applications in depth, looking for unique practices and substantial results. Finally, editors reviewed the judges' recommendations and voted on the final 100.
Complete coverage of the 2013 CIO 100 awards will be online at on August 1, 2013 and in the August 1st issue of magazine.
As the Device Benefit Management (DBM) leader, IPG provides transparent end-to-end implant management and predictive analytical solutions, establishing the industry standard around cost, quality and safety to drive accessibility and affordability of care. The company has pioneered a unique DBM model which streamlines the management and delivery of implantable devices by working directly with health plans, clinical providers, facilities and medical device manufacturers. IPG delivers implant intelligence surrounding the overall cost and quality of healthcare being delivered, adding transparency and predictability of spend in tandem with the implementation of quality and safety metrics necessary to drive and reward best practices. Through collaborative partnerships that drive physician alignment, and employer and patient satisfaction, this approach ensures that patients receive increased access to affordable and innovative life-saving and life-enhancing device-intensive medical therapies. For more information about IPG, call us at 1-866-753-0046, or visit us on the web at .