healthcare IT solutions

Healthcare Analytics

THE ‘BIG DATA’ REVOLUTION IN HEALTHCARE: ACCELERATING VALUE AND INNOVATION

An era of open information in healthcare is now under way. We have already experienced a decade of progress in digitizing medical records, as pharmaceutical companies and other organizations aggregate years of research and development data in electronic databases. The federal government and other public stakeholders have also accelerated the move toward transparency by making decades of stored data usable, searchable, and actionable. Together, these increases in data liquidity have brought the industry to the tipping point. Healthcare stakeholders now have access to promising new threads of knowledge. Pharmaceutical-­-industry experts, payers, and providers are now beginning to analyze big data to obtain insights. The big-­-data revolution is in its early days, and most of the potential for value creation is still unclaimed. But it has set the industry on a path of rapid change and new discoveries; stakeholders that are committed to innovation will likely be the first to reap the rewards. xtLytics is building and offering applications and analytical tools that help healthcare insurance providers, physicians, and other healthcare stakeholders identify value and opportunities.

BIG DATA EXPLORER

An enhanced data foundation leads to insightful action. Healthcare organizations cannot improve what they cannot measure. The best way for organizations to ensure their long-­-term success is by leveraging data. The big data that healthcare…

Claims Financial Analytics

Claims data is the most valuable health data available, and offers the broadest view of health care services provided to patients both within and outside of an organization. Health care organizations need to be able to access large sets of claims data…

CONSUMER PURCHASE BEHAVIOR

More than 140 million Americans currently have discretion over health insurance purchases, representing a total of $785 billion in premiums or premium equivalents. As consumers revisit their current insurance status it is critical for Healthcare Insurance.

FRAUD ANALYTICS

Medicare fraud and abuse is a serious problem requiring attention. Although there is no precise measure of health care fraud and the majority of health care providers are honest and well-­-intentioned, a minority of providers who are intent…

IMPROVE HEALTHCARE OUTCOMES & COST OF CARE

Analytics tools from xtLytics enable organizations to identify trends related to various cost drivers for patient care, including those that appear unusual because they deviate from expectations or from levels reported by peer organizations; for instance…

MARKET ANALYTICS : MARKET GROWTH ANALYTICS

Healthcare Insurance providers are developing a growth strategy in the new consumer direct arena. Post-­-medical sale of many Specialty products including Dental, Vision, Disability, Life, Telehealth and Wellness presents a new growth opportunity.

MARKET ANALYTICS : MARKET SHARE MONITOR

Market Analytics from xtLytics delivers real-­-time consumer insights that create a whole new playing field for marketing. The potential ways for businesses to understand market trends based on information about customer behaviors and preferences.

MEMBER RELATIONSHIP SCORE

Healthcare Insurance providers move into consumer oriented markets where the churn is expected to be higher than in today’s market where healthcare coverage is mainly bought through employers. Big Data Analytics can be leveraged to score…

SERVICE PROVIDER PERFORMANCE ANALYTICS

xtLytics Big Data Analytics unlocks exploratory use cases that were never before practical – or possible, with legacy business intelligence and data discovery tools. xtLytics tools enable agile exploration of existing data without burdening IT in the process…

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