Friday, October 11, 2024

Clarify Health Unveils AI-Powered Predictive Analytics Tool

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Clarify Performance IQ Suite Empowers Health Plans, Providers, and Others to Tackle Cost Containment and Quality Improvement with Unprecedented Actionability

Clarify Health an award-winning healthcare data and analytics company, announced the launch of the Clarify Performance IQ Suite, the world’s first fully AI-enabled application that spans cost, quality, and utilization assessment to deliver opportunity analytics. Leveraging advanced machine learning and natural language processing, the Performance IQ Suite empowers health plans and others with unparalleled insights to contain costs, improve care quality, and gain a competitive edge.

Transforming Healthcare with Actionable Intelligence

Traditional analytics often fall short in delivering actionable intelligence for health plans and others seeking to optimize provider networks and manage costs effectively. The Performance IQ Suite transcends these limitations by offering precise, relevant, and actionable insights that can be directly translated into strategic initiatives. Health plans can now:

  • Optimize Provider Performance: Develop more efficient and affordable networks, guide care pathways, and ensure quality performance.
  • Assess Competitive Networks: Design networks that enhance market position and drive growth.
  • Refine Referral Optimization: Redirect referrals to high-performing specialists based on comprehensive cost and quality metrics.
  • Select High-Value Sites of Service: Implement strategies to reduce unnecessary spending across inpatient, outpatient, and other care settings.
  • Understand Real Financial Opportunity: Gain quantified real-dollar insight into actionable interventions across opportunity levers.

Also Read: EDAP & Avenda Launch First AI-Assisted HIFU Procedures

Built on Unmatched Data and AI Capabilities

The Performance IQ Suite is powered by the Clarify Atlas Platform® and Clara IQ, Clarify’s revolutionary generative AI technology. Users can navigate the industry’s largest and richest longitudinal claims database—encompassing over 300 million lives and 5.6 trillion price transparency rates—to enable more robust and actionable network and performance improvement opportunities.

Empowering Health Plans to Drive Value

“Our industry continues to struggle with delivering more effective care for each dollar spent. The Clarify Performance IQ Suite integrates the critical components needed to optimize provider performance and contain costs,” said Todd Gottula, Founder and President of Clarify Health. “With over 20 patents and expanded data coverage, we’ve invested significantly in developing fully integrated measures and benchmarks. This enables health plans to understand provider performance, utilization patterns, referrals, and clinical populations at a granular level. We’re empowering organizations to drive cost optimization and elevate care delivery.”

Fostering Transparency and Collaboration

Provider network creators aren’t alone in the quest to manage cost and care effectively. The Performance IQ Suite fosters greater transparency and builds trust with their providers by offering direct access to performance measures and detailed analytics. Providers can understand how they are evaluated and identify high-value referral options for their patients—especially crucial in value-based care models. The suite’s conversational AI capabilities ensure that users of any analytics skill level can effortlessly navigate to the insights they need.

Source: Businesswire

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