This is the second consecutive year that a health industry leader from Ingenix Consulting has been selected for this award
EDEN PRAIRIE, Minn.--(BUSINESS WIRE)-- Joel Hoffman, a senior vice president of Ingenix Consulting has been named a “Top 25 Consultant” by Consulting magazine.
For this award, the magazine selects the best consultants from across all industries as nominated by their clients for demonstrating leadership, expertise and ability to create sustained value. Hoffman is featured in the May/June issue of the publication and will receive the award at a ceremony at the St. Regis Hotel in New York City on June 17.
This is the second consecutive year Consulting magazine has selected a health care expert from Ingenix Consulting for this honor. Stephen Wood, senior vice president, Government Programs received a Top 25 Consultants award in 2009.
Hoffman is a nationally recognized expert in the application of actuarial science to the valuation of financial outcomes of care management programs. Hoffman, who leads the Ingenix Consulting’s Financial Advisory & Actuarial Services practice, has deep financial modeling expertise and assists health care providers and commercial and government-sponsored health plans to enhance their financial, clinical and operational performance and optimize the delivery and financing of health care services.
For example, Hoffman’s innovative methodologies for assessing health care costs and utilization dynamics recently provided insights used for Potential Medicare Savings through Prevention and Risk Reduction, a health care economics study published in conjunction with Healthways, a disease management company. The study projects that providing Americans better health promotion, disease prevention and chronic care initiatives could save Medicare up to $1.4 trillion over a ten-year period.
“Recognition as a ‘Top 25 Consultant’ affirms Joel’s reputation for helping clients evaluate and compare the costs and benefits of alternative approaches to health care policy, disease management and patient care. This expertise will be even more valuable to clients as health care reform legislation is implemented,” said Ingenix Consulting CEO John Nackel. “Joel deserves this honor and we are proud to have him on our team.”
Hoffman has more than 25 years of experience consulting health care providers, health plans and managed care organizations. Under his leadership, Ingenix Consulting has grown its Financial Advisory practice to more than 300 professionals serving commercial health plans, government agencies, hospitals and life sciences companies. His areas of expertise include product development and plan design, pricing and capitation, rating and underwriting, care management and clinical resource allocation, and provider network management, including reimbursement and incentive mechanism development, risk assessment and mitigation, experience analysis, and financial projections.
About Ingenix Consulting
Ingenix Consulting, a global leader in health care consulting, employs more than 1,200 consultants with experience helping hospitals, physicians, health plans, employers, government agencies and life sciences companies improve growth, performance and access to capital. Ingenix Consulting is a part of Ingenix. For more information, visit www.ingenixconsulting.com.
Ingenix, a UnitedHealth Group (NYSE:UNH) company, is a leading provider of health information, technology and consulting services. Organizations, institutions, businesses and government agencies that comprise the health care system depend on Ingenix solutions and insights to improve their performance. Visit www.ingenix.com for more information.
Kyle Christensen, 952-833-7446
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