CRANFORD, N.J.--(BUSINESS WIRE)--
Paragon Solutions, an advisory consulting and systems integration
firm, today released a statement that says it predicts an increase in
information-related projects as health plan firms look to comply with
the new regulations imposed by the Affordable Care Act (ACA). The ACA
legislation was upheld yesterday by the Supreme Court in a much-awaited
ruling on the law’s constitutionality.
“No matter which side of the aisle you identify with, we all agree that
the decision to uphold The Affordable Care Act will have a ripple effect
across the healthcare industry," said Michael Cloutier, vice president
and insurance industry leader. “What this legislation means for the
health plan companies is there will be roughly 50 million Americans who
are uninsured today and will have to buy insurance or be faced with
potential fines,” Cloutier said.
Paragon, a firm that specializes in providing consulting to the
healthcare market throughout the U.S., points out that health plan firms
have been holding the reins on spending for initiatives impacted by
regulatory changes until there was a definitive decision on ACA. All
that changed yesterday.
“Healthcare companies will be required to provide ‘dollar one’ coverage
for preventive care and screening, which a number of folks forgo in
today’s co-pay environment. As a result of this added cost, healthcare
companies will continue to look for ways to reduce administrative costs
associated with managed care,” added Richard Pachler, Senior vice
present of Financial Services and Insurance for Paragon.
About Paragon
Paragon Solutions is an advisory consulting and systems integration firm
that specializes in enterprise information management to help clients
leverage information assets for better business results. The company
does this through its industry practices, solution accelerators and
specialized technology competencies that help clients achieve
operational efficiency, business scalability and regulatory compliance.
Paragon works with businesses that are focused in a few key industries –
communications, financial services, healthcare, insurance and life
sciences. The industry-focused practices work with Paragon’s competency
groups to address today’s client concerns in Process Optimization,
Information Management and Information Integration.
For more information, please visit the Paragon website at www.consultparagon.com,
or call 1.800.462.5582.
Paragon Solutions
Martha Coacher, 908-653-3100
mcoacher@consultparagon.com
Source: Paragon Solutions
| Copyright: | Copyright Business Wire 2012 |
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