DENVER, CO – December 8, 2015 – NextHealth Technologies announced today that is has been selected as a finalist in this year’s Fierce Innovation Awards: Payer Edition, an awards program from the publisher of FierceHealthPayer and FierceHealthcare. NextHealth was recognized as a finalist in the category of Analytics/Business Intelligence.
NextHealth was selected as a finalist for its innovative SaaS platform that seamlessly integrates three foundational technologies – prescriptive analytics, behavioral economics, and multichannel consumer engagement – to produce significant outcomes.
The Fierce Innovation Awards recognize pioneering technologies and solutions that will catapult the health payer industry into exciting new realms. Finalists were chosen by a distinguished panel of executives from major health plans. A complete list of judges can be found at https://www.fierceinnovationawards.com/healthpayer/2015#our_judges. Winners are to be announced in a live webcast on December 16th at 2 pm (ET).
All applications were evaluated based on the following criteria: technology innovation, financial impact/value, competitive advantage, member experience/member outcomes, market need, and overall fierceness and innovation. Finalists were selected based on calculation of the judges’ scores in each area.
Eric Grossman, CEO of NextHealth, applauded the company’s selection and said, “We are honored to be chosen as a finalist in the Analytics category of the Fierce Innovation Awards, and we hope to continue to deliver innovative solutions and groundbreaking outcomes to our Payer customers as well as all of our healthcare clients.”
About NextHealth Technologies
NextHealth Technologies is a predictive analytics company delivering causal outcomes and reduced costs by identifying the most impactable high-risk consumer populations and changing their behavior. NextHealth’s SaaS platform integrates three foundational technologies – prescriptive analytics, behavioral economics, and multichannel consumer engagement. This end-to-end solution predicts risk reduction opportunities and then prescribes personalized member-level actions or “nudges” to dramatically improve outcomes. NextHealth has recently been able to deliver a sustained 25% reduction in ER visits and over $17 per member per year in medical claims cost reduction for a targeted Medicaid population. Customers include some of the nation’s largest health plans, accountable care organizations, and risk bearing hospitals. Other applications include out-of-network reduction, readmission reduction, and retention of high value individual members. NextHealth offers an at risk contract based on outcomes/results. These results have led the company to be named one of the most innovative healthcare analytics vendors in the US.
To learn more about NextHealth Technologies visit, http://www.nexthealthtechnologies.com/
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