Plano, TX, September 1, 2024 – Health Chain, a leading innovator in healthcare technology, proudly announces its recognition in Gartner’s latest report, “Provider Analytics Strategy for US Healthcare Payer CIOs” authored by Amanda Dall’Occhio. This recognition solidifies Health Chain’s position as a leading provider of consolidated clinical and provider solutions in the healthcare payer landscape.
Amanda’s research highlights the importance of investing in a Health Data Management Platform (HDMP) that provides a comprehensive suite of data services and capabilities tailored for the healthcare industry. Specifically, she emphasizes that “the benefits of taking the extra step to lay this foundation go far beyond just provider analytics to the larger payer organization. An HDMP offers a base and integration layer, on top of which can sit a multitude of applications and tools, all pulling from a common source to ensure interoperability, consistency, and agility across the organization.”
Enhancing Provider Analytics with Centaur EMPI
Amanda’s analysis underscores the challenges faced in the provider analytics space, which has historically been fragmented with multiple vendors attempting to meet various organizational needs. This fragmentation often led to inefficiencies, data silos, and inconsistent insights, making it difficult for Payers to achieve a cohesive view of provider performance and provider data as a whole. Recent advancements, however, have driven a shift toward consolidating these capabilities into unified solutions, paving the way for streamlined analytics and more strategic decision-making.
Health Chain’s Enterprise Master Patient Indexing (EMPI) capabilities provided by Centaur stand at the forefront of this evolution, offering Payers a single platform that not only consolidates data but enhances provider analytics by creating more curated, consumable provider data through robust data validation checks, ensuring there are no duplicate provider records while providing a longitudinal view of member information. By harmonizing clinical, provider, and claims data into a Golden Record, Centaur EMPI provides Payers with the critical data foundation needed to support comprehensive provider network assessments, manage risk, and advance value-based care initiatives.
Key Capabilities of Centaur EMPI:
- Data Ingestion Across Sources: Centaur EMPI ingests data from diverse sources, including provider, clinical, and claims systems, to create a unified Golden Record for each member. This integration facilitates a holistic view that supports better provider performance analysis.
- Advanced Data Linking and Matching: The platform employs sophisticated algorithms to de-duplicate and accurately match both member and provider records, ensuring compliance with HIPAA standards and improving provider-payer data interoperability. Accurate member & provider identification and attribution is crucial for reliable provider analytics.
- Improved Interoperability and Accessibility: By supporting various data formats and FHIR API solutions, Centaur EMPI ensures seamless data exchange, making provider-related insights readily available for analysis. This enables Payers to derive meaningful insights that are critical for provider performance evaluations and exchange those insights accurately with the relevant providers.
- Strategic Benefits for Payers: Centaur EMPI enhances the quality of data insights, empowering Payers to monitor provider performance, identify gaps in care, and implement quality improvement initiatives effectively. This consolidated approach enables Payers to move away from fragmented data solutions towards a more agile, accurate, and consistent data ecosystem.
“In her analysis, Amanda highlights a shift in the provider analytics space toward consolidated, multi-functional solutions, reflecting the growing need for unified data management,” said Sudheen Kumar, CEO of Health Chain. “Centaur’s EMPI capability to cleanly integrate clinical, provider, and claims data through our proprietary member and provider match algorithms positions us as a pivotal player in this transformation, driving actionable insights and enhancing the strategic capabilities of Payers.”
Gartner Disclaimer
Gartner, Provider Analytics Strategy for U.S. Healthcare Payer CIOs, 2024, Amanda Dall’Occhio, 23 August 2024. GARTNER is a registered trademarks and service marks of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose
About Health Chain
Health Chain, a health data technology innovator founded in 2019, connects Members, Health Plans and Providers. Our FHIR®-enabled health data management platform ingests, normalizes, curates and ultimately applies clinical, claims, demographic, provider and other data to accelerate time to insights, optimize health care delivery and improve member outcomes.
We make comprehensive, universal longitudinal member records accessible across the health care continuum to enable more connected care journeys driven by data.
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