Covisint Launches Alliance With Milliman, Inc.
Industry Leaders to Bring Best-in-Class Population Analytics to Accountable
DETROIT, Feb. 28, 2013 (GLOBE NEWSWIRE) -- Covisint, a Compuware (Nasdaq:CPWR)
company, today announced a new alliance with Milliman, Inc., a premier global
consulting and actuarial firm. Milliman's innovative opportunity-based
population analytics capabilities will now be integrated into the Covisint
Healthcare platform, extending Covisint's population and risk management
capabilities as a catalyst to help accountable care organizations (ACOs)
achieve their full potential.
ACOs traditionally lack the ability to predict cost implications and savings,
which often has been a barrier to gaining provider support and engagement.
Now, with this alliance, healthcare providers can address the key business and
financial challenges facing ACO initiatives while delivering predictive
analytics at the point of care.
"Milliman's opportunity-based population analytics offer a disruptive approach
to population stratification and management," said Art Wilmes, FSA, MAAA and a
Principal and Consulting Actuary for Milliman. "This partnership helps ACOs
focus on the prospective opportunity for potentially avoidable costs in
patient populations as realized through additional care management. The focus
is upon opportunities for potential cost reduction rather than just
identifying the highest-cost patients. As such, care management is focused on
opportunities to 'bend the cost curve,' resulting in the optimal deployment of
care management teams."
"This partnership works to solve challenges for ACOs, including their need to
improve their quality of care and avoid unnecessary costs. Our alliance with
Milliman extends Covisint's ability to drive deep value to the accountable
care equation as we are now able to identify chronic populations, predict
outcomes and conduct population health management," said Steve McDonald, Vice
President of Healthcare for Covisint. "This is a powerful differentiator that,
we believe, nobody else can do, and it reflects Covisint's continued
commitment to bring innovative healthcare solutions to market through our
Covisint Healthcare meets healthcare organizations where they are in their
technology adoption, enabling them to mature into a fully functioning,
clinically integrated community with multi-system integrations and advanced
analytics. Covisint delivers high value to accountable care stakeholders by
supporting a comprehensive health information technology roadmap that fills
the gaps left by existing technology investments. Covisint's agnostic platform
enables the free, secure flow of information with the customer in full
control, helping healthcare providers avoid being reliant upon one vendor,
payer or HIE. And, Covisint Healthcare works with or without an existing EMR
The new Covisint Healthcare platform will be demonstrated live at the HIMSS13
conference in New Orleans, March 3 – 7, 2013.
Milliman is among the world's largest providers of actuarial and related
products and services. The firm has consulting practices in healthcare,
property & casualty insurance, life insurance and financial services, and
employee benefits. Founded in 1947, Milliman is an independent firm with
offices in major cities around the globe. For further information, visit
Covisint, a Compuware Company
Covisint provides the leading cloud engagement platform for creating and
enabling new mission-critical external business processes. Our solutions
enable organizations to connect, engage, and collaborate with the critical
external audiences that define their success--including customers, business
partners and suppliers. Covisint allows its clients to establish a secure,
reliable, integrated presence in the cloud, and it provides the kind of
engaging information experiences that people everywhere have come to expect.
Learn more at www.covisint.com.
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CONTACT: Media Contact
Doug Anter, Public Relations Manager, Covisint
For Sales and Marketing Information
One Campus Martius
Detroit, MI 48226
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