New Predictive Healthcare Products from D2Hawkeye
New D2BenefitAdvisor and D2ReportManager Identify and Manage Medical Risk
and Cost, Identify “Gaps” to Proactively Improve Care Quality
WALTHAM
, Mass.
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November 6, 2007
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D2Hawkeye®, Inc., the market leader in transforming healthcare data into actionable information, today announced two additions to its suite of products that enable payers, third party administrators, and benefit consultants to identify and manage medical risk and cost, and improve the quality of care.
D2Hawkeye’s new products, D2BenefitAdvisor and D2ReportManager, address the complexities that are inherent in designing health plans and programs, predicting costs, and measuring plan effectiveness.
D2BenefitAdvisor
Comparing benefit plans is a very complex process with major implications for both an employer and its employees. BenefitAdvisor assists analysts in generating “what if?” scenarios to illustrate how changes such as co-pays, deductibles, coinsurance, medical service category limits and pharmacy co-pays influence the bottom line of medical and pharmacy-related plan benefit expenses.
For example, BenefitAdvisor can use previous claims data to compare the financial outcome of changing its employees’ co-pay from $10 to $20. A comparison of costs may show the employer that an increase in co-pay to the employees may yield a tremendous savings for an employer or conversely an increase in costs.
“Making changes to healthcare benefits requires an in-depth understanding of the impact design changes have on keeping healthcare both accessible and affordable,” said Robert S. London, MD, Chief Development Officer of D2Hawkeye. “BenefitAdvisor gives analysts the ability to quickly compare various health and pharmacy plan alternatives and visualize the financial impact of plan changes on future costs and coverage.”
D2ReportManager
Creating, generating and distributing healthcare reporting on clinical and financial outcomes can be a tedious and highly repetitive process. ReportManager streamlines these processes to minimize time spent on administrative tasks, and allow for more time spent on decisions that impact a program’s cost, quality, and effectiveness.
Through its library of reports, ReportManager provides the ability to create a variety of financial and clinically based report packages that turn diverse data sources into integrated, actionable information. These reports address the health risks caused by population or member disease burdens as well as the risks caused by controllable consumer-behaviors. Current and archived reports are available any time through a central, Web-based self-service platform.
BenefitAdvisor and ReportManager are delivered as a service, accessible through any standard Web browser. Both products are available immediately through D2Hawkeye.
About D2Hawkeye
D2Hawkeye is the market leader in transforming healthcare data into actionable information. The company rapidly integrates all of a population's eligibility, medical claims, pharmacy claims, health risk assessment and case management data, and then applies a wide range of medical rules in order to predict individual and aggregate risk in that population. Through the use of intensive data mining techniques, D2Hawkeye automates the analytical process, enabling its clients to make medical management and financial decisions in a more effective and timely manner. Based in Waltham, MA, D2Hawkeye is a privately held company.
For more information, please visitwww.d2hawkeye.com.
For Additional Information Contact:
Sara Fraim, 781-693-3763
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Mike Reilly, 617-758-4154
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