Randall Ellis honored for co-authoring paper explaining the role of predictability in health care spending
BOSTON, June 19, 2008 — DxCG, a division of Urix, Inc. and worldwide provider of predictive modeling software for health care today announced that Co-founder Randall P. Ellis, Ph.D., is the recipient of the National Institute for Health Care Management (NIHCM)’s Health Care Research Award. The award was presented to Dr. Ellis and Thomas G. McGuire, Ph.D., of the Harvard Medical School's Department of Health Care Policy, at a ceremony in Washington, DC on Monday for their co-authored article, “Predictability and Predictiveness in Health Care Spending” in the Journal of Health Economics. The award recognizes outstanding research work that furthers innovation in health care financing, delivery and the implementation of health care policy.
The research develops and implements a rigorous measure of the incentive health plans have to over- or under-provide specific health care services, and applies its techniques to a large, representative sample of Medicare enrollees. This method identifies hospice care, home health services and durable medical equipment as services providing strong incentives for plans to undersupply since they are typically used by relatively high cost individuals. Conversely, services such as eye procedures, dermatology, and chiropractic care are among those that plans have the greatest incentive to make readily available, as these services attract relatively healthy enrollees.
“Dr. Ellis’ article advances knowledge in its application of theory, its statistical methodology, and its policy relevance,” said Andrea Cianfarini, vice president of operations and health care analytics at Urix. “This esteemed award from NIHCM is a reflection of the substantial impact that predictive modeling can have in health care spending.”
DxCG, a division of Urix, Inc. promotes fair and efficient health care by providing predictive modeling solutions to more accurately plan, budget and evaluate health care management programs. DxCG has been providing research into the science of risk adjustment and predictive modeling since 1996 and its methodologies are used by the U.S. federal government to set payment rates for Medicare. Today, more than 350 customers worldwide use the most publicly researched predictive models to empower strategic decision-making and create successful financing, organization and delivery of health services.
About Urix®, Inc.
Urix, an ISO business, is a leading independent health care analytics company that offers a portfolio of products to help clients gain insight into their medical data. Urix technology streamlines clients’ data from multiple sources and displays results in a user-friendly, web-based interactive analytics and reporting environment. Urix solutions enable clients to proactively manage their health care costs and risk while improving the quality and effectiveness of care. Health care organizations use Urix’s advanced reporting capabilities for rapid decision-support across many health care business areas. Urix is where intelligent decision making begins™.