SeeChange Health Solutions Nears 1 Million Members
10/5/2011 6:47:23 PM
October 05, 2011 | SAN FRANCISCO, CA, (MARKET WIRE) — SeeChange Health, an innovator in value-based benefit design solutions to improve health and reduce health care costs, announced today it has more than doubled the number of participants who are set to enroll on its next-generation consumer engagement and health incentive platform at the beginning of 2012. The fast-growing company projects it will cross the 1-million-member milestone in early-2012.
SeeChange Health Solutions offers the first Software as a Service (SaaS) turnkey solution that allows health plans and self-funded employers to offer highly customized engagement and incentive programs to encourage and motivate employees to improve their health. Implementation can be accomplished within weeks, given the platform’s ability to integrate with any Health Plan or TPA’s existing technologies and applications.
“Our private-label engagement and incentive platform helps to reduce health care costs for employers by encouraging individuals to play an active role in the management of their health,” explained Martin Watson, SeeChange Health’s chief executive officer. “And we offer clients the flexibility to design and quickly implement a program that best suits the needs and culture of their organization. For instance, some clients may choose to design a program around a prevalent chronic condition, such as diabetes, and use cash incentives to encourage adherence to condition-specific Health Actions, while others may focus more on preventive Health Actions and use enhanced benefits to encourage participation. Our consumer engagement and incentive platform is capable of delivering successful programs in all situations.”
According to Janice Rahm, SeeChange Health Solutions president, “Our platform is powered by our software enabled rules and real time data analytics engine, which begins by analyzing 12-24 months of historical claim data to identify potential costly health conditions within a client’s population so they can develop the best program that will help them improve health and reduce costs.”
SeeChange Health Solutions’ early-detection model identifies each member’s health status and potential risk of specific chronic conditions. “Our rules and analytics engine also delivers a Personalized Health Action Plan that provides each member with specific Health Actions based on age, gender, ethnicity and condition specific guidelines. The Health Action Plan is continuously updated with medical, laboratory and pharmacy claim data so progress to achieving preventive and condition specific Health Actions, and the rewards earned as a result, is easy to track and manage.”
“We’ve heard from many health plans and employers that they are looking for a solution that improves upon the early versions of wellness programs. SeeChange Health Solutions designed a program that is personalized based on an individual’s health status and one that measures participation, outcomes and health improvements over a specified period of time.”
SeeChange Health Solutions utilizes its software enabled rules engine and real time data analytics platform to help employers better identify population health risks, deploy early detection screening models to uncover serious health conditions and design value-based benefit plans to reward employees for engaging in the management of their health.
About SeeChange Health SeeChange Health is the leader in value-based benefit design solutions for employers — delivering the plans and services they are looking for to create better health and quality of life for employees, increase workforce productivity and lower their health care costs. SeeChange Health’s unique approach encourages individuals to play an active role in the management of their own health to prevent, detect and treat today’s most serious health conditions. SeeChange Health Insurance provides value-based benefit plans to fully insured employer groups — and is the first to bring this unique approach to small and midsize companies. SeeChange Health Solutions provides flexible, efficient administrative services with the proven cost-control advantages of value-based benefit designs to self-insured employers. SeeChange Health Solutions also provides the leading consumer engagement and health incentive platform to employers, health plans and third party administrators.