HealthEdge® Launches HealthRules® Answers™ Business Intelligence Solution for Health Plans
Revolutionary Analytics and Reporting Tools Give Payors Unparalleled Agility in Business Operations, Product Design and Deployment
Burlington, MA, June 14, 2007 — HealthEdge Software, Inc., a pioneering healthcare software company, today unveiled HealthRules Answers™, a powerful, web-based, real-time business intelligence solution that enables payors to manage their business, understand trends and investigate growth opportunities. Tightly integrated with HealthRules Payor™, HealthEdge’s next-generation claims administration platform, HealthRules Answers is designed to let payors perform sophisticated reporting and analytics based on the terms and concepts they use everyday.
“Traditionally, health plans have been limited by technology infrastructure and have had to base their business models on ideas that are constrained by those limitations,” said Rob Gillette, CEO of HealthEdge. “HealthEdge lets health plans be much more creative and innovative, with highly individualized and rapidly deployable products. Answers is essential to that process because it renders complex data analytics in terms that business users understand, and makes powerful, real-time business intelligence tools accessible to the non-technical user.”
HealthRules Answers is a highly flexible, sophisticated analytics solution that gives payors unprecedented levels of insight into their business. Tightly integrated with HealthRules Payor, or with other third-party claims processing systems, HealthRules Answers offers a broad set of powerful components, including:
- Real-time data warehouse – The data warehouse offers a real-time repository of claims, financial, membership and provider data that payors can analyze to monitor any operational parameter at any time. A unique aspect of the data warehouse is the presentation of English-like HealthRules Language statements as the actual business logic of the system. This allows a new level of insight into the relationships between benefit plans and provider contracts, and the actual financial outcomes created by them.
- Reporting – Embedding the power of Crystal Reports, Answers enables payors to run standard and customized reports on specific areas of their business, all using the familiar Crystal interface. HealthRules Answers also offers powerful export functionality so health plans can easily transform the data into executive presentations or other useful reporting formats.
- Sophisticated dashboards – Built on the latest visualization technology from ADVIZOR® Solutions, Inc., HealthRules Answers offers health plans powerful analytical tools designed specifically for the needs of payors. Dashboards are comprised of a rich set of related, interactive charts that work together to display key operational data associated with core functions such as claims, utilization management, membership and revenue management. Using the dashboards, payors can interact with multiple views of data in various dimensions which use strong visual cues – like color and shape – to highlight the most relevant aspects of each chart in a highly visual and intuitive manner.
- Web portal – All of the functionality of Answers is available through a secure, web portal accessible through any internet connection. The portal allows administrators to provide multiple levels of security to ensure appropriate access for a wide range of user types.
About HealthRules
HealthRules® is the only health plan administration software in the market today that was conceived to address modern healthcare challenges using the best in modern enterprise technology. HealthRules provides payor organizations with a level of flexibility, accuracy and cost-savings that can only be achieved by a next-generation solution. HealthRules combines industry expertise and technology vision to deliver a single platform for analysis, planning and management of health plan operations.
About HealthEdge
HealthEdge Software, Inc. is an agile and innovative software company serving payor organizations and benefit administrators. Health plans, TPAs, PPOs, insurance companies and employer groups improve business performance and outperform their competitors with HealthEdge products. HealthEdge provides HealthRules®, the only health plan administration software in the market today that was conceived to address modern healthcare challenges using the best in modern enterprise technology. Headquartered in Burlington, Massachusetts, HealthEdge can be contacted at 781-285-1326 or , or visit our website at www.healthedge.com for more information.
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