SOURCE: Advantmed dba RecordFlow

March 23, 2015 12:04 ET

Advantmed (dba RecordFlow) Expands Its Population Analytics Platform by Acquiring NCQA-Certified iHEDIS™

SANTA ANA, CA--(Marketwired - Mar 23, 2015) -  Advantmed (dba RecordFlow) announced the acquisition of iHEDIS™, the advanced quality analytics software owned by Innoapp, based in Melbourne, Florida.

iHEDIS™ integrates into Advantmed's population analytics platform, further enhancing the company's capabilities of providing analytical insight -- critical for improving the quality of healthcare delivery, containing costs, and optimizing compliance and appropriate revenue opportunities.

Certified by NCQA (National Committee for Quality Assurance) since 2007, iHEDIS™ provides a complete solution for collection, review and submission of HEDIS® (Healthcare Effectiveness Data Information Set) data. This enables Advantmed to even more effectively support managed care organizations in achieving higher ratings for the Centers for Medicare and Medicaid Services (CMS) Five-Star Quality Rating System, and the NCQA (HEDIS®) measures.

"The iHEDIS™ acquisition represents other step in our goal to become the industry leader in health information management and services," says Akash Patel, Advantmed's CEO. "Having the most advanced tools for proactively identifying clinical gaps in delivery of care provides managed care organizations with a solid competitive edge."

Don Gerdts, Advantmed's Chief Strategy and Development Officer, adds, "Population analytics is another key principle in our guiding philosophy of Continuous Quality and Revenue Optimization (CQRO™), giving managed care organizations better visibility of opportunities to improve quality and clinical outcomes. We are excited to add iHEDIS to our CQRO™ platform."

About Advantmed (dba RecordFlow)

Advantmed is a health Information management company dedicated to helping managed care organizations and insurance companies increase revenue, understand risk and improve clinical outcomes.

Advantmed's Continuous Quality and Revenue Optimization (CQRO™) principles guide their employees, technologies and services in providing:

  Strategic Consulting Quality Measurement  
  Population Analytics Gap Closure  
  Risk Adjustment Provider Education  
  RADV Support Clinical Data Aggregation  

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