Summary
- Profile Type
- Business Offer
- POD Reference
- BOUA20241220007
- Term of Validity
- 20 December 2024 - 20 December 2025
- Company's Country
- Ukraine
- Type of partnership
- Commercial agreement
- Outsourcing agreement
- Targeted Countries
- All countries
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General information
- Short Summary
- With over 30 years of expertise, the company transforms healthcare with innovative analytics solutions. From improving revenue cycle management with 344% ROI to reducing admissions by 47% through predictive payer analytics, it empowers providers, payers, and employers. Leveraging platforms like Health Fabric, Managed Action, and Data Science Factory, it delivers actionable insights to reduce costs, improve care, and enhance patient experiences.
- Full Description
-
With over three decades of experience, MedeAnalytics is a trusted leader in healthcare analytics, serving providers, payers, and employers globally. Its solutions are designed to tackle the most pressing challenges in healthcare, driving performance improvements, reducing costs, and enhancing patient satisfaction.
Key Services:
1. Value-Based Care:
Mede Analytics enables organizations to transition to value-based care by leveraging real-time insights, combining clinical and financial data for improved patient outcomes, care coordination, and cost containment.
2. Revenue Cycle Management:
Mede Analytics helps healthcare providers optimize revenue cycle performance with remarkable results:
• Presbyterian Healthcare Services: achieved $3.4M in value, representing a 344% ROI and a nine-month payback.
• Wise Health System: delivered a 34% CMI increase and reduced unspecified code usage by 19%.
• Oregon Health and Science University: boosted CMI by 21% and improved CC/MCC capture rates by 5%.
3. Payer Operations:
The company empowers payers with customized dashboards, predictive analytics, and strategic insights:
• Large California Payvider: reduced report TAT by 75%, saving $4K per HIV patient script.
• Northeast Health Plan: improved employer productivity by 70-75%, cutting report turnaround by 50%.
• West Coast Payvider: reduced admissions by 47% and readmissions by 40%.
4. Employer Benefits
Through tailored analytics and actionable insights, MedeAnalytics enhances employee benefits management and optimizes healthcare costs for employers. - Advantages and Innovations
-
MedeAnalytics offers a suite of innovative platforms designed to harness data and provide actionable insights, enabling healthcare organizations to achieve transformative results in operational efficiency, patient care, and financial performance.
❯ Health Fabric:
• Health Fabric integrates diverse clinical and financial data in real time, delivering actionable insights that support operational and care improvements:
• Avoid Revenue Leakage: combine RCM and HCAHPS data to uncover and address revenue gaps effectively.
• Predict Denials: use the Semantic Layer for ad-hoc denial prediction models, supported by Data Science Factory, to prevent costly denials.
• Enhance Patient Experience: Analyze patient barriers using zip code, facility, and physician-level data through tools like Tableau.
• Close Care Gaps: Combine clinical and claims data to strengthen care gap analysis, coordination, and care transitions.
• Increase PCP Engagement: Identify inactive PCPs and optimize patient attribution using analytics tools such as Tableau and Amazon QuickSight.
• Custom Solutions: Collaborate with Strategic Advisors to tackle unique organizational challenges and optimize workflows.
❯ Managed Action:
Managed Action translates insights into measurable outcomes by automating workflows and monitoring progress. This platform ensures alignment with organizational goals, streamlining operations, and improving performance across the healthcare continuum.
❯ Data Science Factory:
The Data Science Factory is a hub for AI and machine learning, enabling predictive models for risk stratification, cost assessment, and care optimization. This platform scales solutions for complex challenges, improving decision-making and efficiency.
❯ Integrated Analytics:
Integrated Analytics unifies data from diverse sources to provide a holistic view of performance metrics, trends, and opportunities. It empowers organizations to make data-driven decisions with precision and clarity. - Stage of Development
- Already on the market
- Sustainable Development Goals
- Goal 17: Partnerships to achieve the Goal
- Goal 9: Industry, Innovation and Infrastructure
- Goal 3: Good Health and Well-being
- IPR status
- No IPR applied
Partner Sought
- Expected Role of a Partner
- Healthcare providers, payers, and employers seeking to enhance decision-making, optimize revenue cycles, improve patient outcomes, and reduce costs through advanced analytics and innovative platforms. Ideal partners prioritize value-based care, operational excellence, and data-driven strategies.
- Type and Size of Partner
- Big company
- Other
- SME 50 - 249
- University
- SME 11-49
- SME <=10
- Type of partnership
- Commercial agreement
- Outsourcing agreement
Dissemination
- Technology keywords
- 01003003 - Artificial Intelligence (AI)
- 01003006 - Computer Software
- 01003001 - Advanced Systems Architecture
- 01004001 - Applications for Health
- Market keywords
- 02007012 - Medical/health software
- 05007007 - Other medical/health related (not elsewhere classified)
- 02007016 - Artificial intelligence related software
- 02006004 - Data processing, analysis and input services
- Sector Groups Involved
- Digital
- Health
- Targeted countries
- All countries