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Release: Immediate
Contacts:
Susan Boyle / Jessica Riccardi
MWW Group (for ISO)
201-507-9500
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Stephanie Martinovich (DxCG)
617-896-5919
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NEW RELEASE OF DxCG RISKSMARTTM SUITE HIGHLIGHTS PROVIDER PROFILING
Predictive Models Enhance Physician and Hospital Reporting
BOSTON, June 29, 2004 — DxCG®, Inc., the leading provider of predictive modeling softwarefor health care organizations, today announced release of RiskSmart™ 1.2, the latest versionof its solution that now includes the Provider Analysis Module, which embeds DxCG's predictivemodels into physician and hospital reports to help clients assess provider performance by physician,risk pool or network.
The Provider Reporting Module, the fifth module in the RiskSmart suite, profilesthe illness burden of patients seen by physicians or hospitals. Its reports adjust expense and utilizationmeasuresbased on patient illness burden, or severity, thereby allowing for fair comparisons among providers.
"RiskSmart product suite continues to grow in response to the market's widespread adoptionofpredictive modeling," said Marilyn Schlein Kramer, president of DxCG. "With this new module,RiskSmart helps health plans and employers develop ‘tiered' or narrow networks of thebest- performing providers. Too often, health plans assume teaching hospitals treat the sickest patients.This is not always the case."
The new release of RiskSmart also includes enhanced filtering to identify cases for care and diseasemanagement. Users can now filter using lab results, results of health-risk appraisals and/or otherdata not available in medical claims or administrative data sets.
About RiskSmart
DxCG RiskSmart, a combination of DxCG's Diagnostic Cost Groups (DCG) and RxGroups® models,is the health care industry's most proven risk assessment tool. It analyzes demographic, medicaland pharmacy claims information using unique filtering techniques to profile the range and intensityof medical problems for a given population over time. Diagnostic and pharmacy data quantify a patientpopulation's health status and added filtering options help clients better identify populationsfor disease management programs and reconcile the gap between expected health care needs and actualhealth care use. RiskSmart helps clients more accurately measure the impact of health status on medicalcosts and forecast annual health care costs, which facilitate budgeting of medical and financialresources.
Pricing and Availability
DxCG RiskSmart modules, which are scalable and secure, are based on Microsoft®'s .NET.They offer familiar and intuitive user elements, such as drop-down menus, lists and tabs that canbe customized. DxCG RiskSmart modules generate standard and ad hoc reports that users can accessvia a conventional web browser. Users can deploy the modules within their existing network or runthem remotely under an application service provider (ASP) arrangement or in a data warehouse.
DxCG RiskSmart modules are priced according to the size and scope of each client's implementation.DxCG sells DxCG RiskSmart through its direct sales force and its channel partners. For more informationabout RiskSmart, contact DxCG at 617-896-5909 or
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.
About DxCG®, Inc.
DxCG, a unit of ISO, promotes fair and efficient health care by providing software solutions to moreaccurately plan, budget and evaluate health care management programs. DxCG has more than 175 clients,covering over 75 million lives in the U.S. and abroad. The company's Diagnostic Cost Groups(DCG) and RxGroups® predictive models are used to negotiate health-based payments, identify opportunitiesfor disease management, profile physicians and evaluate managed care programs. Recognized by leadingindependent researchers as the most proven models available, DxCG's methodologies are usedby the federal government to set payment rates for Medicare. For more information, visit the company'sweb site at www.dxcg.com.
About ISO
ISO is a leading provider of products and services that help measure, manage and reduce risk. ISOprovides data, analytics and decision-support solutions to professionals in many fields, includinginsurance, finance, real estate, health services, government and human resources. Professionals useISO's databases and services to classify and evaluate a variety of risks and detect potentialfraud. In the U.S. and around the world, ISO's services help customers protect people, propertyand financial assets.
DxCG and RxGroups are registered trademarks and RiskSmart is a trademark of DxCG, Inc. |