Industry Expert to Lead Workshop on Predictive Modeling to International Audience
BOSTON, Mass., June 30, 2005 — DxCG®, Inc., the leading provider of predictive modeling software for health care organizations, today announced DxCG's cofounder and senior scientist will be presenting a predictive modeling workshop at the International Health Economics Association (iHEA) 5th Annual World Congress Conference in Barcelona, Spain.
The Risk Adjustment and Predictive Modeling workshop is scheduled for Sunday, July 10. DxCG cofounder and senior scientist Randall Ellis, Ph.D., will provide an overview of the development and use of predictive models that predict individual-level health care resource use. Dr. Ellis will also discuss how predictive models are increasingly being used for case-mix severity, identification of patients for case management, provider profiling and forecasting.
Risk adjustment models are used in the U.S. and internationally for "health-based payment" to health plans, geographic areas and provider groups, where economic incentives matter greatly. For more information about this workshop, please visit the iHEA website at http://healtheconomics.org.
Since 1996, DxCG has made its DCG and RxGroups® risk adjustment predictive models available to public agencies and private insurers worldwide. In May of 2005, DxCG released RiskSmart Global Edition, its newest predictive modeling product for the international marketplace.
About DxCG, Inc.
DxCG, a unit of ISO, promotes fair and efficient health care by providing software solutions to more accurately plan, budget and evaluate health care management programs. DxCG has more than 200 clients worldwide. The company's Diagnostic Cost Group (DCG) and RxGroups® predictive models are used to negotiate health-based payments, identify opportunities for disease management, profile physicians and evaluate managed care programs. Recognized by leading independent researchers as the most proven models available, DxCG's methodologies are used by the federal government to set payment rates for Medicare.
ISO is a leading provider of products and services that help measure, manage and reduce risk. ISO provides data, analytics and decision-support solutions to professionals in many fields, including insurance, finance, real estate, health services, government and human resources. Professionals use ISO's databases and services to classify and evaluate a variety of risks and detect potential fraud. In the U.S. and around the world, ISO's services help customers protect people, property and financial assets.
DxCG® and DxCG RxGroups® are registered trademarks and service marks of DxCG®, Inc. DxCG RiskSmartTM is a trademark and service mark of DxCG®, Inc.
Stephanie Martinovich (DxCG, Inc.)