SEATTLE, Feb. 21, 2017 /PRNewswire/ -- Milliman PRM Analytics™ (PRM), a leader in data-driven value-based healthcare support systems, today announced
"By giving us greater ability to better manage our population health, the PRM tool allows for more efficient risk stratification and management," said Peter Waziri, CHA's Chief Financial Officer. "Working with Milliman and PRM Analytics will help CHA to better serve our members by allowing staff deeper insights to those members' health information."
"We are pleased to be selected by Cascade to help them manage their risk-based populations. Milliman continues to be the industry leader in helping providers manage population risk. PRM™ represents a disruptive approach to population stratification and management. The analysis focuses on the prospective opportunity for potentially avoidable costs so the patient care team can focus on them in advance. Care management can then be focused on the patients with the greatest potential to 'bend the cost curve' resulting in the optimal deployment of limited care management team resources," said Art Wilmes, FSA, MAAA, a Principal and Consulting Actuary in Milliman's Indianapolis office.
"I have access to new ways of seeing cross sectional data and how it all works together," said Angela Leach, CHA's medical informatics analyst. "Case managers will use it to get at-a-glance profiles of patients they are caring for, and the quality management department can use it to find 'hot spots' that may benefit from additional programs."
The case management team at CHA can use PRM Analytics in a variety of ways, according to Diane Barr, Director of Case Management. "We can identify high-cost members, plus we can filter for diagnosis and identify members for disease management," Barr said. "We can also look at an individual member to determine their utilization, chronic conditions and other details. The best part is we can do risk stratification and identify members that are at the highest risk for re-hospitalization or emergency department utilization. The program is easy to use and provides us with volumes of useful information."
About MillimanMilliman is among the world's largest providers of actuarial and related products and services. The firm has consulting practices in healthcare, property & casualty insurance, life insurance and financial services, and employee benefits. Founded in 1947, Milliman is an independent firm with offices in major cities around the globe. For further information, visit milliman.com.
About the Milliman PRM Analytics™ Milliman PRM Analytics® is a Population Risk Management solution. PRM identifies individual patients with modifiable risks within a population; helps providers align care management services to the needs of those individual patients; and identifies, prepares, and integrates appropriate care providers to deliver needed care management services to those individual patients. For further information, visit prmanalytics.com.
About Cascade Health AllianceCHA is one of sixteen CCOs in Oregon that manage Oregon Health Plan (Medicaid) benefits for members in its various service areas. CHA currently serves more than 17,000 Oregon Health Plan (OHP) members as well as almost 5,000 Medicare and commercial insurance members through its partner, ATRIO Health Plans.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/cascade-health-alliance-chooses-milliman-prm-analytics-for-population-risk-management-300410522.html
SOURCE Milliman, Inc.
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