Core & Advanced Analytics: Unlocking the Power of Benefits
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Transcript of Core & Advanced Analytics: Unlocking the Power of Benefits
© 2015 Benefi+ocus.com, Inc. All Rights Reserved | Confiden@al & Proprietary 1 1 © 2015 Benefi+ocus.com, Inc. All Rights Reserved
Core & Advanced Analy@cs: Unlocking the Power of Benefits Phil Bruns
© 2015 Benefi+ocus.com, Inc. All Rights Reserved | Confiden@al & Proprietary 2 © 2015 Benefi+ocus.com, Inc. All Rights Reserved 2
Forward-‐Looking Statement This presenta@on may include forward-‐looking statements related to the future business and financial performance of Benefi+ocus and future events or developments involving Benefi+ocus. These statements may be iden@fied by words such as “expects,” “looks forward to,” “an@cipates,” “intends,” “plans,” “believes,” “seeks,” “es@mates,” “may,” “might,” “will,” “could,” “would,” “should,” “targets,” “projects” or words of similar meaning. Forward-‐looking statements can involve a number of risks and uncertain@es that could cause actual results to differ materially from those explicit or implicit in the forward-‐looking statements, including fluctua@ons in those results, general economic risks, management of growth, the need to innovate and deliver useful products and services, our ability to compete effec@vely, reliance on key personnel, privacy, security, regulatory changes, and other risks associated with our business as set forth from @me to @me in our filings with the SEC. Some of the products and/or product features discussed in this presenta@on may be works in progress and not yet generally available for sale. Benefi+ocus assumes no obliga@on and does not intend to update any forward-‐looking statements.
© 2015 Benefi+ocus.com, Inc. All Rights Reserved | Confiden@al & Proprietary 3
Benefi+ocus Data Cloud
Guided Benefit Shopping
Understanding Employee Usage
Flex Query Tool
Core Analy@cs Dashboard
Advanced Analy@cs
© 2015 Benefi+ocus.com, Inc. All Rights Reserved | Confiden@al & Proprietary 5
Data Aggrega@on Opportuni@es
Healthcare Experience Data
Member Demographics
Shopping Tendencies
Usage Preferences
Plan Details
HRA/Biometrics
Benchmark Values
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Transforming Data into Informa@on
Web Stats
Core Analy@cs
Advanced Analy@cs
Flex Query Tool Member Claims Data
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Guiding Your Employees
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How do your Employees/Member use their tools?
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How do your Employees/Members Use Their Tools?
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How do your Employees/Members Use Their Tools?
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You Never Know What Someone is Going to Ask You
• Display Fields • Filters/Comparisons • Predefined Queries • Report/Query Types
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Flexible Query Tool: Eligibility Data
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Example: Targeted Mailing List
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Core Analy@cs • Dashboard View of Plan • Trending • Benchmarks • The Most Relevant Metrics
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Core Analy@cs Dashboard
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Core Analy@cs Dashboard
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Core Analy@cs Dashboard
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Core Analy@cs Dashboard
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View Details
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© 2015 Benefi+ocus.com, Inc. All Rights Reserved | Confiden@al & Proprietary 21 © 2015 Benefi+ocus.com, Inc. All Rights Reserved 21
View Details
© 2015 Benefi+ocus.com, Inc. All Rights Reserved | Confiden@al & Proprietary 22 © 2015 Benefi+ocus.com, Inc. All Rights Reserved 22
© 2015 Benefi+ocus.com, Inc. All Rights Reserved | Confiden@al & Proprietary 23 © 2015 Benefi+ocus.com, Inc. All Rights Reserved 23
View Details
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Advanced Analy@cs • Filtering • Member Subsets • Reach-‐Through Func@onality • Schedule Reports for Automated Delivery
• Model Benefit Plan Changes
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Diabetes Diabe@c management medica@ons, including insulin, megli@nides, miscellaneous an@diabe@c agents, non-‐sulfonylureas, other an@-‐hyperglycemic agents, sulfonylureas, thiazolidinedione. (ACG)
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Data Groupings
PPO Only PPO for Western Region
HDHP for CA
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Determine which educa@onal programs are most needed.
What Can Data Analy@cs Do For You?
Should we spend our wellness budget on encouraging exercise or offering mobile mammograms?
© 2015 Benefi+ocus.com, Inc. All Rights Reserved | Confiden@al & Proprietary 44
Decide if your provider network is mee@ng your employee’s needs.
What Can Data Analy@cs Do For You?
Is the high rate of ER usage in that region due to a lack of in-‐network primary care physicians?
© 2015 Benefi+ocus.com, Inc. All Rights Reserved | Confiden@al & Proprietary 45
Evaluate the success of your prescrip@on drug benefits.
Are drugs that treat our most common chronic condi@ons available through the formulary?
What Can Data Analy@cs Do For You?
© 2015 Benefi+ocus.com, Inc. All Rights Reserved | Confiden@al & Proprietary 46
The Benefi+ocus Data Cloud can… • Make your job easier • Make your CFO happier • Help your associates get the most from their benefits
• Develop beper partnerships with your vendors
• Get the most value from your benefits dollars