TheLifeHMS

Increased competition and the need to reduce administrative costs while enhancing member experience have necessitated a transformation across the payer value chain including in sales and marketing, operations, care management, provider management, member management, IT, and finance and compliance. Competing on analytics using data-driven insights to formulate and implement strategies will be a major focus area for health plans and is expected to be one of the top investment areas for healthcare organizations Our Healthcare Analytics Solution allows payers to accelerate their innovation agenda, differentiate their products and service, enhance customer experience, and achieve greater operational efficiency through actionable insights to engage consumers, improve health and quality of care, and reduce costs with BIG DATA analyst and Data scientists The Patient Protection and Affordable Care Act (PPACA) mandate and medical loss ratio (MLR), the threat of losing members when health insurance exchanges proliferate, etc., have challenged the health plans.