|By Business Wire||
|April 14, 2014 08:13 AM EDT||
Research and Markets (http://www.researchandmarkets.com/research/8mct6k/vital_signs_a) has announced the addition of the "Vital Signs - A Look at What's Driving Payers' Use of Analytics Solutions in 2014" report to their offering.
Health plans will increase investments for analytics solutions and services in 2014. Key market drivers include the need to manage risk, report on quality metrics, and ascertain detailed metrics around cost drivers.
Many payers face challenges in implementing an effective analytics strategy, particularly around data integration, data governance, and getting access to clinical data. The new imperative around payer analytics presents numerous growth opportunities for vendors, particularly those that combine technology solutions with consulting and advisory services.
The goal was to gain insights into how the health insurance industry is approaching the use of analytics solutions going into 2014.
Analytics solutions were defined in three categories:
- Core platform solutions for big data functions
- Point solutions designed to address specific business needs
- External analytics vendors that payer organizations use to provide services or expertise
This issue discusses results from that research, which also will be presented in full in a forthcoming deliverable.
For more information visit http://www.researchandmarkets.com/research/8mct6k/vital_signs_a
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