BURLINGTON, Mass.--(HealthEdge®, provider of the only modern, enterprise-class software platform for healthcare payors, today announced the latest installment in their online video series, “HealthEdge Talks Back,” that covers Accountable Care Organizations (ACOs), and their impact on the payor market. As ACOs become more widespread, payors must develop an understanding of what the key elements are of this important business model.)--
“Payors that wish to participate must find ways to acquire a modern technology platform to achieve flexibility, agility, transparency, and efficiency.”
In this episode Ray Desrochers, executive vice president at HealthEdge, addresses the requirements that are associated with this new business model, and recommends a series of specific actions that payors can take to be successful. Mr. Desrochers discusses the importance of:
- Flexibility to support innovative benefit options that are associated with new business models such as ACOs.
- Transparency to enable the continuous optimization of offerings to ensure lowest costs and best outcomes.
- Care and disease management capabilities to positively influence the behaviors of their at-risk populations.
"While it is likely that ACOs will evolve over time, one thing now seems certain: this new business model has the ability to become an important component of the new healthcare economy,” explains Mr. Desrochers. “Payors that wish to participate must find ways to acquire a modern technology platform to achieve flexibility, agility, transparency, and efficiency.”
The video, "Accountable Care Organizations," can be found on the HealthEdge Website (www.healthedge.com/HealthEdgeTalksBack), as well as on the company’s YouTube channel (http://www.youtube.com/user/HealthEdge2012).
HealthEdge® provides the only modern, enterprise-class software platform for healthcare payors. Using the patented HealthRules® software suite, health plans, health insurance companies, and other payors can finally respond to new business opportunities and market changes in hours, not months or years, while drastically reducing both IT and operational costs. Leveraging an investment of over $150 million, HealthRules is the most modern, scalable, and cost-effective technology in the industry. HealthEdge is the only choice for payors to survive and thrive in the emerging healthcare economy. For more information, visit www.healthedge.com.