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Siva Namasivayam, CEO, SCIO Health AnalyticsFounded in 2007, headquartered in West Hartford Connecticut, the company’s on shore, and off shore analytical support is tailored to meet the specific needs of its clients. And its SCIO Vantage has been designed to offer this cutting edge solution. The SCIO Vantage is a technological platform consisting of various applications. The Data Integration application can integrate complex data and stack them in a uniform structure. The SCIO Vantage has been supporting various health care profiles by consolidating and integrating patient centric electronic health records through their Patient Profile application; while the Consumer Engagement application enables its clients to search for individuals for care management programs through various characteristics and conditions filter. This application is also very cost effective for its clients. Another important application which comes as a shot in the arm for its clients is the Opportunity Analysis. Via this application, a health care provider gets a better understanding of the environment.
Honeywell, a global leader in providing technology who also serves the health care space, has been able to greatly leverage the applications served by SCIO Health Analytics. Honeywell had collaborated with Consumer Medical (CM), a technology provider of health care, to address high cost, highly variable diagnoses, such as cancer, complex diseases, and other serious medical conditions, where many patients had not received evidence based care. To increase further participation from patients and also to improve cost savings and drive better outcomes, Honeywell approached SCIO Health Analytics to perform identification and stratification (ID/Strata) of eligible members, who were then approached by CM staff. This initiative increased participation by identifying patients most likely to be at risk of undergoing a targeted surgery. Honeywell moved to a penalty for eligible members who undergo these surgeries without completing coaching and education with CM. The penalty, combined with the ID/ Strat process, has significantly improved participation, thereby improving care and reducing long-term costs. This collaboration wasn’t an isolated incident.
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We understand the payer market very well. Our expertise in helping payers manage population and claims risk is what the providers are looking for
Company
SCIO Health Analytics
Management
Siva Namasivayam, CEO, SCIO Health Analytics
Description
Leverages the power of healthcare data, predictive
analytics, and healthcare business experts to provide
clients the solutions to decrease costs, improve health
outcomes, increase revenues, and drive ROI and
sustainability.