Ebook

Optimizing Medical Savings Through Provider Networks, Technology, and Data Science

Optimizing Medical Savings Through Provider Networks, Technology, and Data Science

Pages 3 Pages

CompIQ highlights how broad-based PPO networks, advanced analytics, and technology can significantly reduce U.S. healthcare costs. Narrow or specialty networks often limit savings, while CompIQ’s analyses across TPAs showed broad-based networks delivered up to 181% higher savings in Physical Therapy, 174% in Home Health, and over $7M net annual savings. By directing care to contracted, cost-effective providers and leveraging price transparency tools, CompIQ aligns patient choices with financial goals. Its AuditIQ program and predictive analytics uncover inefficiencies, guide benefit design, and identify high-risk patients for targeted interventions. This data-driven, multifaceted approach enables insurers, TPAs, and employers to manage claim costs while maintaining quality care and improving health outcomes.

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