WEST HARTFORD, Conn.,
March 6, 2015 /PRNewswire/
-- SCIO Health Analytics®, a leading
health analytics services company, was named a Major Player in the IDC MarketScape: U.S.
Healthcare Payer Fraud, Waste and Abuse Services 2015 Vendor
Assessment, in February 2015.
SCIO says the findings bolster its position in the
marketplace.
"SCIO is poised to capitalize on growth in demand for payer FWA
business," said SCIO's CEO, Siva Namasivayam. "In the wake of
health insurance exchange initiatives, demands for analytics as a
service is expected to rise and SCIO is prepared to meet that
demand."
A relative newcomer to the industry, SCIO has the largest amount
of healthcare revenue share from FWA since it entered the business
8 years ago.
SCIO serves multiple larger commercial payers, each with more
than 500,000 covered lives and has the capacity to sustain a
cost-effective level of services specialization and outsourcing
infrastructure.
About SCIO Health Analytics
Based in West Hartford, Connecticut, SCIO Health
Analytics is a leading health analytics services company, serving
more than 50 health care organizations including 15 of the top 25
insurers that represent more than 80 million members and 4 of the
top 5 PBMs. SCIO's consumer analytics provide actionable insights
on consumers, helping healthcare organizations gain insight into
consumer preferences and drivers affecting their behavior to
streamline their experience and improve engagement. Through the use
of integrated healthcare data, proprietary algorithms and
technologies, SCIO focuses on predictive analytics, business
services and insights in the areas of payment integrity, risk and
care management, opportunity analysis and incentive design,
consumer segmentation and engagement, marketing analytics, ACO and
network analytics. For more visit www.sciohealthanalytics.com.
About IDC MarketScape: IDC MarketScape vendor analysis
model is designed to provide an overview of the competitive fitness
of ICT (information and communications technology) suppliers in a
given market. The research methodology utilizes a rigorous scoring
methodology based on both qualitative and quantitative criteria
that results in a single graphical illustration of each vendor's
position within a given market. IDC MarketScape provides a clear
framework in which the product and service offerings, capabilities
and strategies, and current and future market success factors of IT
and telecommunications vendors can be meaningfully compared. The
framework also provides technology buyers with a 360-degree
assessment of the strengths and weaknesses of current and
prospective vendors. This release references doc #HI253636.
Media Contact:
Kathy-Ann Gobin
KNB Communications
203-504-8230 ext. 134
kgobin@knbpr.com
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SOURCE SCIO Health Analytics