HealthNow Administrative Services Implements Benefit Informatics’ Data Analytics Technology for Financial and Clinical Analysis - Insurance News | InsuranceNewsNet

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September 29, 2011
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HealthNow Administrative Services Implements Benefit Informatics’ Data Analytics Technology for Financial and Clinical Analysis

<p class="bwalignc"><i>First customer to enable Advanced Clinical featuring Johns Hopkins ACG</i><sup><i>®</i></sup><i> System</i></p><p><location value="LU/us.ok.tulsa" idsrc="xmltag.org">TULSA, Okla.</location> & <location value="LU/us.pa.kinsia" idsrc="xmltag.org">KING OF PRUSSIA, Pa.</location>--(BUSINESS WIRE)-- <a href="http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fhnas.com%2F&esheet=50012475&lan=en-US&anchor=HealthNow+Administrative+Services&index=1&md5=32c80b3c54b68ee68106d81f790c9313"><org>HealthNow</org> Administrative Services</a> (HNAS), a leading national Third Party Administrator (TPA) of self-funded benefit plans, recently implemented Web-based Data Analytics technology from <a href="http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.benefitinformatics.com%2F&esheet=50012475&lan=en-US&anchor=Benefit+Informatics&index=2&md5=f6198cac4aaea8ec57f30aa0f8b6bbee">Benefit Informatics</a> to consolidate multiple data sources and provide clients with integrated plan analysis and reporting. </p><p> HealthNow Administrative Services utilizes online Software as a Service (SaaS) applications from Benefit Informatics, a Benefitfocus company, to analyze plan data and provide analysis, reporting and plan design alternatives for self-funded employer clients. HNAS was also the first administrative services organization to enable Advanced Clinical functionality, featuring the Johns Hopkins Adjusted Clinical Groups<sup>®</sup> (ACG<sup>®</sup>) System for clinical predictive modeling. </p><p> “Since implementing Benefit Informatics data analytics technology into our operations, we have seen the benefits of integrating claim, eligibility and clinical predictive modeling on one platform,” said <person>Chris Moyer</person>, Director of Analytics for HealthNow Administrative Services. “With the addition of the Advanced Clinical functionality, we are very excited to help our clients analyze and predict future risk and costs for their plans. Our goal is to help our customers proactively manage risk and assess performance. With Benefit Informatics we offer our clients a comprehensive analytics package to better manage their health plans and control costs.” </p><p> Benefit Informatics Data Analytics technology allows HNAS account managers, analysts and consultants to monitor, analyze and forecast plan activity and costs for clients across the nation. Standard and ad-hoc analysis and reporting applications let HNAS users assess risk for plans and groups and drill-down into specific procedures, providers and diagnosis. Because the applications are located within a secure online system, data and reporting can be executed, scheduled and shared with self-funded plan administrators securely. </p><p> Moyer adds, “Benefit Informatics and their data analytics technology have become an important component of our operations. They play an important role in helping us enhance our customer reporting and communications and have helped in winning new clients. We view our relationship with Benefit Informatics as a valuable partnership in our continued growth.” </p><p><b>About HealthNow Administrative Services</b></p><p><i>HealthNow Administrative Services (HNAS) is an indirect wholly-owned subsidiary of <org value="ACORN:2832181562" idsrc="xmltag.org">HealthNow New York, Inc.</org>, a health insurance carrier with over <money>$2 billion</money> in revenue, located in <location value="LU/us.ny.buffal" idsrc="xmltag.org">Buffalo, New York</location>. With offices in <location value="LS/us.tx" idsrc="xmltag.org">Texas</location>, <location value="LS/us.ma" idsrc="xmltag.org">Massachusetts</location>, <location value="LS/us.nj" idsrc="xmltag.org">New Jersey</location>, <location value="LS/us.pa" idsrc="xmltag.org">Pennsylvania</location> and <location value="LS/us.ca" idsrc="xmltag.org">California</location>, HNAS is a nationally recognized group benefit plan marketer and administrator. With over 30 years of experience and an extensive knowledge of self-funded programs, HNAS customizes benefit plans for the needs of our clients. For more information, call 877.804.4629 or visit </i><a href="http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fhnas.com%2FHome.aspx&esheet=50012475&lan=en-US&anchor=www.hnas.com&index=3&md5=44b0edb1b2b8671a7e813beb4bfb57d4"><i>www.hnas.com</i></a><i>.</i></p><p><b>About Benefit Informatics</b></p><p><i><org>Benefit Informatics Inc.</org>, a </i><a href="http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.benefitfocus.com&esheet=50012475&lan=en-US&anchor=Benefitfocus&index=4&md5=1b34ee74152f5cdb9b4427d5f0a21e50"><i>Benefitfocus</i></a><i> company, enables the efficient planning, management and analysis of employee benefit plans through the delivery of online proprietary applications and services to employers, insurance companies, third party administrators and brokers. Benefit Informatics currently serves more than 60 payer organizations, 6,000 businesses and health plans, and more than 3 million members. For additional information, call 888.802.4636 or visit </i><a href="http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.benefitinformatics.com%2F&esheet=50012475&lan=en-US&anchor=benefitinformatics.com&index=5&md5=6892d66d86952c5f2f3288e3fbe0fa46"><i>benefitinformatics.com</i></a><i>.</i></p><p></p><p><img alt="" src="http://cts.businesswire.com/ct/CT?id=bwnews&sty=20110929005891r1&sid=acqr4&distro=nx" /><span class="bwct31415" /></p><p><org>Benefit Informatics, Inc.</org> A <org>Benefitfocus Company</org><br /><person>Chris Metcalf</person>, 918-491-3603<br /><a href="mailto:[email protected]">[email protected]</a></p><p></p><p>Source: Benefit Informatics</p>

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