Universal American selects MedVentive's technology to enable increased collaboration among members, physicians

MedVentive announced today that Universal American Corp. (NYSE:UAM), a leading provider of Medicare Advantage and Medicare Part D prescription drug plans, recently selected MedVentive's technology to enable increased collaboration among members, physicians, pharmacists and other healthcare professionals as a way to improve member health and confidence - and reduce member cost.

“Our technology enables transparency and communication with the physician for timely, more effective care interactions with the patient and supports the development of proper incentives for the right care, not just more care. As with Universal American, MedVentive's goal is to deliver better care at a better cost.”

Universal American embraces 'A Healthy Collaboration^SM' model of care, based on the philosophy that each plan member should have a single point-of-contact to coordinate all the member's healthcare needs. This approach to member care has helped establish Universal American as the nation's fifth largest Medicare Advantage plan and the second largest Medicare Part D prescription drug plan.

The MedVentive technology platform enables Universal American to analyze all aspects of quality and cost, including inpatient, outpatient and pharmacy expense & utilization, network referral patterns, physician efficiency, and quality of care. MedVentive's platform provides Universal American with actionable data at the member, episode and physician level - imparting fresh insight into opportunities to improve collaboration, care, and efficiency. For shared risk environments, it even delivers specific care or drug substitution recommendations - in real time - to guide physician compliance.

"All of our clients are under enormous pressure to improve the quality of care and reduce costs, particularly as federal healthcare programs and reimbursement models change," said Nancy Ham, President and CEO of MedVentive. "Our technology enables transparency and communication with the physician for timely, more effective care interactions with the patient and supports the development of proper incentives for the right care, not just more care. As with Universal American, MedVentive's goal is to deliver better care at a better cost."