MEDai Analyzes the Utilization of Evidence-Based Data for Managed Care Decision Making
MEDai, Inc., a leading provider of advanced solutions for healthcare that utilize award-winning predictive modeling technology, headquartered in Orlando, FL, announced earlier this week that Diane Lee, Executive Vice President, will be discussing how utilization of evidenced-based data can be used for managed care decision making at the upcoming Evidenced-Based Medicine for Pharmaceutical Marketing conference on January 23 in Philadelphia, PA.
Orlando, FL (PRWEB) January 26, 2006
MEDai, Inc., a leading provider of advanced solutions for healthcare that utilize award-winning predictive modeling technology, headquartered in Orlando, FL, announced earlier this week that Diane Lee, Executive Vice President, will be discussing how utilization of evidenced-based data can be used for managed care decision making at the upcoming Evidenced-Based Medicine for Pharmaceutical Marketing conference on January 23 in Philadelphia, PA.
Managed care organizations are controlling rising pharmaceutical costs by adding only those therapeutics to formularies that can deliver improved patient outcomes while favorably impacting overall treatment costs relative to the standard of care. Manufacturers must find ways to prove to payors that their products offer compelling pharmacoeconomic value or face coverage rejection. Ms. Lee will introduce ways of utilizing evidence-based data and technology to help manufacturers address this concern and be more aggressive in their development targets.
For more than a decade, Risk Navigator Clinical has accurately forecasted prospective high-risk patients to improve patients' health and quality of care while controlling cost. The advantage of MEDai's prediction engine is its use of the right combination of linear and non-linear models to correctly "fit" the characteristics of the client's population. In addition to forecasting those that are high-risk/high-cost, Risk Navigator Clinical allows care managers to quickly identify members with the greatest impact potential from both financial and quality of life perspectives, improve underwriting accuracy, increase renewal rates and identify clinically effective therapies.
About MEDai
MEDai, Inc. is a leading health information company offering award-winning solutions for the improvement of healthcare delivery. Utilizing cutting-edge technology, payors and care management organizations are able to predict patients at risk, identify cost drivers for their high-risk population, forecast future health plan costs, evaluate patient patterns over time and improve outcomes. For more information on MEDai, visit www. medai. com.
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