Leading Analyst Firm Selects Innovative Companies in the Health Payer Market
FOR IMMEDIATE RELEASE
DENVER, CO — Monday, May 9, 2016 — NextHealth Technologies, a leading cloud-based prescriptive analytics and consumer engagement platform company, today announced it has been named a “Cool Vendor” based on the April 20, 2016 report titled, “Cool Vendors in Healthcare Payers, 2016”¹ by Gartner, Inc.
The report evaluates interesting, new and innovative vendors, products and services in the healthcare payer market that support core administration, cloud security, analytics and care management. Their offerings and business models are leading indicators of emerging industry dynamics.
“Analytics as a service (AaaS) is a solution model that can provide resource-constrained payers with a faster route to leading-edge analytics capabilities for the highest-impact use cases,” according to Gartner.
“In the face of considerable cost-compression, health plans are acutely focused on solutions that deliver causal medical savings and near term return on investment,” said Eric Grossman, CEO of NextHealth. “We’re honored that Gartner has recognized us.”
To access the Gartner, Inc.’s “Cool Vendors in Healthcare Payers, 2016” report (Gartner subscription required), visit https://www.gartner.com/doc/3287920/cool-vendors-healthcare- payers-.
Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
¹ Gartner “Cool Vendors in Healthcare Payers, 2016” by Jeff Cribbs, Robert H. Booz, Constance Sjoquist, April 20, 2016.
About NextHealth Technologies
NextHealth Technologies (NHT), based in Denver CO, is a prescriptive analytics and consumer engagement company that measurably reduces medical costs. NextHealth’s SaaS platform integrates prescriptive analytics, behavioral economics, and multichannel consumer engagement. The platform predicts risk reduction opportunities and then prescribes “nudges” to dramatically improve outcomes. NHT has been able to deliver a sustained and groundbreaking 25% reduction in ER visits and over $17 per member per year in medical claims cost reduction for targeted Medicaid and commercial populations. Use cases include ER visit reduction, out-of- network reduction, and member retention. NextHealth offers an at risk managed services contract based on outcomes.