Change Healthcare Engages Comparion to Further Enhance its Healthcare Quality Data Offering
BRENTWOOD, Tenn., Aug. 29, 2013 /PRNewswire/ -- Consumer engagement and cost transparency leader Change Healthcare announced today a new partner in quality reporting: Comparion. One of the nation's largest sources of healthcare information, Comparion will provide Change Healthcare clients with access to physician efficiency measures not available from any public information source.
"Change Healthcare is the first to market with this depth of quality data," said Christopher Parks, the company's founder and chief development officer. "With Comparion, our clients' members and employees can have access to more than facility-specific outcomes data and certification and credentialing information. With Comparion, they'll get information to help them identify high-value physicians – those who consistently deliver high-quality care at the best possible price."
Comparion measures physician utilization performance across all care settings on a per-patient basis, including departmental charges per episode, and procedure and prescription drug detail. In addition, Comparion measures charge per episode by physician, major practice category, episode of illness, health plan/employer and hospital. The information will allow Change Healthcare users to more carefully evaluate individual physicians – not only on the basis of cost, but also on physician-specific quality information.
"Quality data has always been an important part of Change Healthcare's consumer engagement solution, because we understand that value-based decisions can't be made without first weighing cost and quality," Parks added. "We're excited to bring this new resource to the health plans and large employers with which we work."
Dr. Thane Forthman, president and CEO of Comparion said, "We are very optimistic about Change Healthcare's ability to engage in effective value-based purchasing using our innovative provider profiling applications. Unlike encounter-based approaches, our software uniquely allows organizations to assess the total treatment cost for a complete episode of illness. Without evaluating all encounters across the complete continuum of care, it's virtually impossible to accurately select high value physicians and hospitals. We are pleased to be associated with Change Healthcare as a market leader in transforming healthcare purchasing and provider utilization."
To learn more about Change Healthcare and its consumer engagement and cost transparency solutions, visit www.changehealthcare.com.
About Change Healthcare
Established in 2007, Change Healthcare is on a mission to transform the way Americans purchase and utilize healthcare services by driving sustainable engagement at the individual level. With a national client base of health plans and employers covering lives in all 50 states, Change Healthcare is the premier national provider of healthcare cost transparency and consumer engagement solutions that enable consumers to: Better understand and utilize their healthcare benefits; make informed healthcare purchasing decisions based on quality, cost and convenience; and manage higher out-of-pocket responsibility and realize savings. This, in turn, helps plan sponsors: Control their healthcare cost growth trend; successfully migrate to more cost-effective plan types; optimize existing wellness programs and on-site clinics; and improve member/employee satisfaction and retention. To learn more, visit www.changehealthcare.com.
About Comparion Medical Analytics
One of the nation's largest privately held healthcare information services companies, Comparion Medical Analytics is dedicated to providing an extensive array of products and services designed to measure, manage and monitor the clinical, financial and market performance of healthcare organizations. The company's vision is two-fold: to assist providers in improving the delivery of cost-effective, quality care and to support purchasers in identifying superior value for their healthcare expenditures. To learn more, visit www.comparionanalytics.com.
SOURCE Change Healthcare
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