SAN FRANCISCO, June 11, 2021 / PRNewswire / – Innovaccer Inc., a leading healthcare technology company, recently launched its Health Plan Analytics tool, which provides a comprehensive view of health plan performance across the country. This tool enables payers to identify the quality parameters they are lagging behind and determine the performance threshold to achieve satisfactory ratings and enrollments. In addition, the tool generates state market insights to help develop strategies to increase market penetration. Innovaccer Inc. Between 2019 and 2020, Medicare Advantage (MA) plan registrations grew by approximately 2.1 million and are expected to increase by an additional 51% by 2030. As a result, payers need new strategies and competitive offers to attract signups and retain existing members. The Health Plan Analytics tool enables payers to compare star ratings and enrollment of their MA plan against top performing health plans to identify areas of improvement, attract members and maximize market share. Innovaccer’s Health Plan Analytics tool provides both micro and macro views of the health insurance market. In addition to specific parameters for increasing performance reviews and enrollments, it also reflects the number of eligible beneficiaries and actual enrollments in each county, revealing new opportunities for market penetration. Health plans can get a clear view of the top performing plans in their state and their beneficiary enrollments, quality of care, and member engagement metrics by using the tool. These insights can help them formulate strategies to improve their performance, attract members, and maximize their market share. “With the Health Plan Analytics tool, we give payers detailed reports on national and regional trends in health plans that can help them develop personalized strategies,” said Abhinav Shashank, CEO and co-founder of Innovaccer. “We help health insurers achieve maximum operational and cost efficiency.” Innovaccer helps payers and their provider networks better meet member’s growing expectations for personalization, convenience and access with its powerful suite of payment solutions. To learn more, click here. About Innovaccer Innovaccer Inc. is a leading San Francisco-based health technology company dedicated to health care as a whole. The Innovaccer Health Cloud unifies patient data across systems and environments and enables healthcare organizations to quickly develop scalable, modern applications that improve clinical, operational and financial results. Innovaccer’s solutions have been deployed in more than 1,000 care facilities in the United States, enabling more than 37,000 providers to transform care and work with payers and life science companies. Innovaccer has helped organizations integrate medical records for more than 24 million people and more than $ 600 million when saving. Innovaccer is rated Best in KLAS Provider for 2021 in Population Health Management and Black Book is rated # 1 by customers. Further information is available at innovaccer.com. Press contact Sachin Saxena Similar pictures image1.png SOURCE Innovaccer Inc. Via https://dailyhealthynews.ca/innovaccer-unveils-healthcares-first-health-plan-analytics-tool-to-give-a-comprehensive-view-of-over-700-medicare-advantage-plans-across-the-u-s/
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