NextHealth Technologies Hosts Executive Advisory Council to Discuss Cost Containment Initiatives

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Healthcare executives representing 28% of covered lives in the United States gather to discuss creating a culture of measurement

FOR IMMEDIATE RELEASE

DENVER, CO — Wednesday, February 28, 2018 — NextHealth Technologies, an analytics platform that measures and optimizes health plans’ program spend to drive faster and more informed business decisions, reduced costs, and improved outcomes, today announced that it is hosting its spring Executive Advisory Council in Redmond, Washington at Microsoft’s Executive Briefing Center March 1-2, 2018. Senior executives on the council represent a mix of national, regional and blues health plans as well as state healthcare authorities, and they collectively oversee 28% of the covered lives in the United States.

The Executive Advisory Council (“EAC”) is an invitation-only think tank that brings together biannually some of healthcare’s most innovative minds to discuss cost containment strategies for health plans in a collaborative, small-group setting. The intent is to inspire and connect in a time of sea change in the industry. The focus for the March event is to explore how to test and learn to create a “culture of measurement” for a sustainable competitive advantage.

“Other industries have been capitalizing for many years on the value generated by rapidly and affordably testing and iterating on what works,” said Eric Grossman, CEO of NextHealth. “For health plans facing down shifting market forces, potential disruption, and political uncertainty, there has never been a more critical time to accelerate their ability to make better, faster decisions based on data to drive down costs and allocate investment dollars.”

“Microsoft is dedicated to increasing innovation and impact in healthcare leveraging the cloud and AI,” said Sam Robinson, national director, Health Plan Industry, U.S. Health and Life Sciences at Microsoft. “Working with NextHealth and industry innovators represents our commitment to provide value and drive down costs in health care.”

About NextHealth Technologies

Go beyond insights to Know What Works™. NextHealth’s analytics platform measures and optimizes health plans’ clinical and consumer program spend to drive faster and better business decisions, reduced costs, and improved outcomes. Our intuitive and automated SaaS solution utilizes scientifically rigorous methodologies and standardized processes, enabling a culture of measurement. NextHealth’s platform scales to evaluate any existing program and is deployed with managed services support to develop and optimize new programs such as ER reduction, gaps in care closure, chronic disease state management, etc. Clients include UnitedHealthcare, BlueCross BlueShield of Tennessee, and Florida Blue. Know what works in as little 60 days from deployment. For more information, visit nexthealthtechnologies.com.

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NextHealth Highlighted in 5280's "Digital Health Boom"

NextHealth Technologies was recently highlighted in 5280 Magazine's January 2018 showcase on Denver's booming digital health scene. The company was called out for its focus on cutting costs by "knowing what works" for health plans and healthcare consumers through better population targeting, measurement and optimization of clinical and engagement programs.

As consumers become more responsible for their healthcare choices and for spending more of their own money on those choices, it's never been more important to know which programs will work best for them on an individualized basis. There are a dizzying array of programs to improve and manage health, from diabetes management to smoking cessation to urgent care - it's hard to know which one will be most effective in spurring the best outcomes. NextHealth's analytics platform not only measures the outcomes of these programs with scientific rigor and accuracy, but it also automatically optimizes those outcomes by helping direct consumers to the programs that work best for them, saving money and importantly, improving their health.