HealthSmart Contracts with MEDai for Predictive Modeling Technology to Improve Member Health and Reduce Costs
IRVING, TX (May 2009) — HealthSmart Care Management Solutions, LP (HealthSmart), and MEDai, Inc., announced a strategic partnership that provides industry leading predictive modeling technology to HealthSmart’s clients and their members. HealthSmart will use MEDai’s award-winning predictive modeling technology to identify members who may currently be at the lower end of the five disease stages, but are likely to incur high costs in the near future, one to two years out. The program couples the identification process with an effective disease management program to focus on monitoring and proactively treating the identified members.
"Each member is assessed for health risks and appropriate inclusion in an acute or chronic health management program," said Pamela Coffey, Chief Operating Officer of HealthSmart Care Management Solutions. Rather than solely focusing on existing treatment, HealthSmart draws upon MEDai’s forecasting abilities to identify individuals with evolving healthcare needs. Ms. Coffey added, “We assess the member's clinical condition and knowledge of their disease and implement an individualized care plan and educational program. The HealthSmart Predictive Management Clinical Team discusses the member's medication regimen and any life style changes that may be required to improve their quality of life.”
"MEDai's predictive modeling solution goes beyond affecting the bottom line," said Swati Abbott, CEO and President of MEDai, Inc. "it allows care management organizations to proactively educate and manage their population. In this case, HealthSmart's Predictive Management Clinical Team acts as the patient’s advocate, ensuring that every member has a chance at living a healthy and active life," he added.
About MEDai
MEDai, Inc., headquartered in Orlando, FL, 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 forecast patients at risk, identify cost drivers for their high-risk population, forecast future health plan costs, evaluate patient patterns over time, and improve outcomes.