For immediate release: September 14, 2012
Contact: Leigh Tofferi (802) 223-6131
BCBSVT Partners with MedeAnalytics to Provide Enhanced Data Analytics
BERLIN, VT – Blue Cross and Blue Shield of Vermont (BCBSVT) today announced a new partnership with MedeAnalytics, a leading provider of health care system performance management solutions that will bolster the health insurer’s efforts to ensure accountability and improve financial, operational and clinical outcomes.
Company officials said the collaboration will move BCBSVT’s client partnership service to the next level of data aggregation by providing the capability to identify and understand trend drivers, population health risks, and recommend actionable decisions about benefits, quality of care and health programs. BCBSVT emphasized its commitment to enhancing its understanding of their client’s population’s health by combining this leading platform with the insurer’s existing robust data.
“The combination of advanced data analytics plus our commitment to understanding customer needs and personalized customer solutions will better enable us to support our customers as they look to optimize benefit plans, employee health and productivity,” notes Don George, BCBSVT President and CEO. “Using this tool will strengthen our customer partnerships as we are able to provide employers with insights into their benefit plan performance, as well as employee health and productivity. Using advanced analytics on large quantities of data coupled with industry and local knowledge will result in focused insight of the delivery system and outcomes measurement, benefit program design and effectiveness for improved decision-making.”
BCBSVT brings a wide range of expertise and experience, including MD, RN, and statistical analysis system programmers combined with the data analytic evidence to address client specific business and clinical challenges. BCBSVT’s client partnership empowers employers to maximize their health care investments by combining powerful analytic tools with robust data handling capabilities and expert advice. BCBSVT helps their customers better manage their medical benefit and related costs.
Blue Cross and Blue Shield of Vermont is the state’s oldest and largest health insurer, providing coverage for about 180,000 Vermonters. It employs about 340 Vermonters at its headquarters in Berlin and branch office in South Burlington, and offers group and individual health plans. More information about Blue Cross and Blue Shield of Vermont is available on the Internet at www.bcbsvt.com. Blue Cross and Blue Shield of Vermont is an independent corporation operating under a license with the Blue Cross and Blue Shield Association, an association of independent Blue Cross and Blue Shield Plans.