Top Seven Ways Your Company Can Benefit from Health & Claims Data
“With data, [companies] are able to identify trends, challenges, potential solutions and areas to concentrate on,” said Al Rapp, who worked in HR and corporate benefits for 37 years and retired as the VP of Worldwide Healthcare for the United Parcel Service (UPS).
Data is versatile. Data is flexible. Data’s immense value, if integrated into a useful data warehouse, is cemented in the fact that it can be used in so many different ways and areas of a company’s strategy – improving and impacting things from the top to the bottom all while helping save money, improve employee engagement and wellbeing, advance benefits programs and more.
Health and Claims data can help:
Identify gaps in care
Design wellness plans to address best opportunities
Identify pharmacy savings
Feed benefit design systems to recognize improvement and change opportunities
Measure the return on investment of your wellness program
Identify top areas of potential healthcare cost savings
Monitor and track trends over time
No one product is going to be a solution for every problem, but data is a first step in the right direction. Data, combined with an action plan, is where companies can find their real solutions to the multitude of problems or issues they face on a regular basis.
“The decision to invest in data can be an overwhelming one at first,” DHS Group CEO Jim Pritchett, said. “But when you think about building a strategic plan towards a successful future, there’s a need to do something today that will have a real impact on that. Data is that something.”
DHS Group’s HealthSpective integrated suite of health and wellness solutions pulls together disconnected and ransomed data – helping companies understand employee benefits and wellness decisions and more – to take control once and for all.
Learn more how DHS Group can help you not only take control of your claims data, but benefit and learn from it, by clicking here and getting in touch with a member of our team.