What You Should Know:
- Boston-based health IT start-up Cohere Health announced the official launch of its company with a $10 million Series A funding round led by Flare Capital Partners.
- The company’s patient journey-focused platform improves the notoriously difficult prior authorization process and replaces an existing patchwork of legacy, siloed processes, and antiquated technologies that contribute to the enormous administrative burden for physicians and health plans.
- The end
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SCIO Health Analytics
How Longitudinal Data Mining Can Help Payers Achieve the Triple Aim
Investing in longitudinal data mining can help payers achieve the triple aim of lowering costs and drive healthier outcomes for its members. Overpayment of healthcare providers has always been an area of concern for health payers. But it has never held the urgency it does today. Rising costs and the ever-increasing complexity of the healthcare delivery and payment system can cause overpayment losses to health plans in the millions of dollars. Payers are then forced to raise premiums to the point
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