CMRG achieves 12% healthcare cost savings with Verisk Health’s D2Explorer

NewsGuard 100/100 Score

Verisk Health, Inc., a global leader in healthcare data analytics, announced today that Core Management Resource Group (CMRG), a benefit-management company for self-funded health insurance programs, successfully implemented care management interventions and individual health risk assessments using Verisk Health’s D2Explorer and achieved 12% healthcare cost savings for one of its employer group clients.

Using D2Explorer, a web-native analytics software solution, CMRG was able to analyze its medical and pharmacy data to identify, educate, and coach individuals within its population in need of care management interventions. Through these programs, CMRG successfully improved healthcare quality and, in turn, provided cost savings for its employer group clients.

“Verisk Health’s D2Explorer solution has streamlined our care management process, allowing us to quickly identify patients in need of medical interventions,” said Tom Wagoner, CEO of CMRG. “The success of our programs has helped our clients greatly reduce healthcare costs, while improving wellness and the quality of care available to their members.”

The clinical intelligence and predictive modeling within the D2Explorer solution allowed CMRG to achieve notable results for many of its clients, including an 18-percent drop in the number of diabetics/pre-diabetics over three years, a decreased number of emergency room visits and inpatient admissions, a lower per member/per year cost trend for certain disease states, and a 12% reduction in total healthcare costs.

 

Comments

The opinions expressed here are the views of the writer and do not necessarily reflect the views and opinions of News Medical.
Post a new comment
Post

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.

You might also like...
Millimeter-scale magnetic implants for wireless health monitoring