Core Management Resource Group Reduces Healthcare Costs by 12%
Tuesday, Sep 15,2009, 10:11:02 PM Click:
Verisk Health, Inc., a global leader in healthcare data analytics, announced today that Core Management Resource Group (CMRG), a benefit-management company for self-funded health insurance programs, successfully implemented care management interventions and individual health risk assessments using Verisk Health's D2Explorer and achieved 12% healthcare cost savings for one of its employer group clients.
Using D2Explorer, a web-native analytics software solution, CMRG was able to analyze its medical and pharmacy data to identify, educate, and coach individuals within its population in need of care management interventions. Through these programs, CMRG successfully improved healthcare quality and, in turn, provided cost savings for its employer group clients.
"Verisk Health's D2Explorer solution has streamlined our care management process, allowing us to quickly identify patients in need of medical interventions," said Tom Wagoner, CEO of CMRG. "The success of our programs has helped our clients greatly reduce healthcare costs, while improving wellness and the quality of care available to their members."
The clinical intelligence and predictive modeling within the D2Explorer solution allowed CMRG to achieve notable results for many of its clients, including an 18-percent drop in the number of diabetics/pre-diabetics over three years, a decreased number of emergency room visits and inpatient admissions, a lower per member/per year cost trend for certain disease states, and a 12% reduction in total healthcare costs.
For more information on CMRG's success using D2Explorer, read our case study, "CMRG Finds Big Value in Verisk Health's D2Explorer."
About Verisk Health
Verisk Health, a wholly owned subsidiary of ISO, leverages healthcare data to help businesses and governments understand their medical and financial risk for the purpose of managing costs and clinical outcomes more effectively. Through the combination of leading predictive science, the finest evidence-based clinical engine, and superior technology, we have created the most extensive independent risk-assessment and decision-analytics platform in the healthcare industry. Our primary focus is to identify actionable strategies for managing healthcare costs and quality at both the individual and population levels. We consistently research, evaluate, and invest in our business to ensure that we remain leaders in our industry and the most efficient and effective solution for our clients. For more information, please visit http://www.veriskhealth.com.
About Core Management Resources Group, Inc. (CMRG)
Established in 1997, CMRG is a totally integrated employee benefit delivery solution located in Macon, Georgia. CMRG offers consulting and third party administration for medical, dental, section 125 and workers compensation programs. The evaluation, design, and administration of those programs are delivered with totally integrated clinical management, provider network management, and pharmacy benefit management components for the self-funded employer. Visit CMRG at www.coremrg.com or call toll-free at 1-888-741-2673.
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