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SCIO Health Analytics

sciohealthanalytics.com

Founded Year

2007

Stage

Acquired | Acquired

Total Raised

$17.93M

Valuation

$0000 

About SCIO Health Analytics

SCIO Health Analytics is a service company delivering solutions to more than 50 healthcare organizations, pharmacy benefit management companies and life science organizations. By integrating disparate data, clients are able to draw actionable insights, enhancing their value proposition for patients, providers and health systems.

Headquarters Location

433 South Main Street Suite 203

West Hartford, Connecticut, 06110,

United States

860-676-8808

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Expert Collections containing SCIO Health Analytics

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

SCIO Health Analytics is included in 4 Expert Collections, including Pharma Supply Chain.

P

Pharma Supply Chain

1,258 items

H

Health Plans & Benefits Management

733 items

Companies developing or offering digital platforms and services, including online insurance marketplaces, data analytics for claims adjustment, benefits administration, and payments systems, that help make private health insurance more affordable, navigable, or transparent.

D

Digital Health

13,118 items

Technologies, platforms, and systems that engage consumers for lifestyle, wellness, or health-related purposes; capture, store, or transmit health data; and/or support life science and clinical operations. (DiME, DTA, HealthXL, & NODE.Health)

H

Health IT

2,277 items

This collection includes public and private companies, as well as startups, that market software solutions to healthcare provider organizations.

Latest SCIO Health Analytics News

EXL Health Named 'One of the Strongest Performers in the Risk Adjustment & Analytics Space’ in 2020 KLAS Performance Report

Sep 30, 2020

| Source: ExlService Holdings, Inc. NEW YORK, Sept. 30, 2020 (GLOBE NEWSWIRE) -- EXL [NASDAQ: EXLS], a leading Operations Management and Analytics company, today announced that SCIO Health Analytics, an EXL Health company, and innovator in quality, risk adjustment and analytics solutions to payer and provider organizations, has been named a leader in the areas of loyalty, value and support in the 2020 Risk Adjustment & Analytics KLAS Performance Report . EXL Health customers rate SCIO Health Analytics with the highest overall score of 93.0 and “A” rankings for customer experience, making it the top-ranked vendor in feedback evaluations. In this latest report, KLAS, a research firm that specializes in monitoring and reporting the performance of healthcare vendors, highlights the ‘top four’ vendors in the space and notes vendors that are beginning to win over existing mindshare. EXL Health was rated by customers as collaborative, proactive, responsive to requests for new technology and functionality, and willing to share best-practice guidance. The report also reveals that EXL Health is found to provide consistent, proactive support that enables tangible outcomes and contributes to customers’ high satisfaction. KLAS interviewed thousands of healthcare professionals and uses the responses to rate risk adjustment and analytics (solutions and services supporting population stratification, reporting, and/or analytics for CMS or other risk-based contracts). To enable readers to more quickly understand high-level differences in vendor performance and give better context as to how each product compares to other offerings in the market, KLAS has organized the questions from the standard evaluation into six customer experience pillars—culture, loyalty, operations, product, relationship, and value. “We were particularly pleased to see reported outcomes of customer loyalty, tied in with our high customer response rate in the research,” says Sam Meckey, Executive Vice President and Business Head, EXL Health. “We’re dedicated to being customer centric, and this is why we have so many customers of 10+ years or more. The high value ranking is also significant, as it supports financial ROI through shared savings due to more accurate HCC coding. This is pertinent for risk adjustment due to the sensitivity of cost pressures we’re seeing among providers. Volume is down due to many factors including COVID, resulting in a need to cut services, as well as looking to alternative vendors offering more point-based solutions.” In the risk adjustment and analytics space, a small group of large vendors tend to dominate mindshare and market share. However, as the report recognizes, market share is not always a guarantee of a strong customer experience, and some organizations have started to consider and choose other options. “Payers and providers are looking at different options for Risk Adjustment and Analytics offering. They are considering solutions that help them consolidate and drive quality outcomes; they are also interested in solutions that can supplement their current Risk Adjustment offering to help find a real ROI in their data,”  says Ryan Pretnik – Director of Strategy and Research – Analytics, KLAS. “Furthermore, both health plans and providers are looking to optimize their current Risk Adjustment and Analytics programs and to enhance their strategies. With all eyes on quality, outcomes and value, both payers and providers are looking at a wider range of technology and analytics-enabled solutions (and services), which are critical to meeting this evolving need.”  The report comes at a pivotal time as EXL Health begins a series of significant product investments surrounding technology capability and user experience. With deep, proven healthcare expertise across the healthcare value chain and as an industry leader in advanced analytics, the company is currently extending its NLP technology capabilities and further leveraging analytics to help risk-based entities reach data-driven decisions. For more information on EXL Health Risk Adjustment and Analytics services, click here . About EXL  EXL (NASDAQ: EXLS) is a leading operations management and analytics company that helps our clients build and grow sustainable businesses. By orchestrating our domain expertise, data, analytics and digital technology, we look deeper to design and manage agile, customer-centric operating models to improve global operations, drive profitability, enhance customer satisfaction, increase data-driven insights, and manage risk and compliance. Headquartered in New York, EXL has more than 32,800 professionals in locations throughout the United States, the UK, Europe, India, the Philippines, Colombia, Australia and South Africa. EXL serves multiple industries including insurance, healthcare, banking and financial services, utilities, travel, transportation and logistics, media and retail, among others. For more information, visit www.exlservice.com   Media - Europe, India and APAC Shailendra Singh

SCIO Health Analytics Frequently Asked Questions (FAQ)

  • When was SCIO Health Analytics founded?

    SCIO Health Analytics was founded in 2007.

  • Where is SCIO Health Analytics's headquarters?

    SCIO Health Analytics's headquarters is located at 433 South Main Street, West Hartford.

  • What is SCIO Health Analytics's latest funding round?

    SCIO Health Analytics's latest funding round is Acquired.

  • How much did SCIO Health Analytics raise?

    SCIO Health Analytics raised a total of $17.93M.

  • Who are the investors of SCIO Health Analytics?

    Investors of SCIO Health Analytics include EXL, Sequoia Capital and Health Enterprise Partners.

  • Who are SCIO Health Analytics's competitors?

    Competitors of SCIO Health Analytics include MedeAnalytics, Mytrus, TriMedx, Teladoc Health, Health Systems International and 11 more.

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