d-Wise Technologies Partners with Futrix Health to Deliver Healthcare Analytics and Business Intelligence Platform for Population Risk Management

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With the Patient Protection and Affordable Care Act (PPACA) more commonly known as ACA legislation now in place, comprehensive health insurance reforms are set to begin in earnest starting in 2014. That coupled with an aging population with a greater prevalence of chronic illness, and risk-sharing payment models are putting even greater pressure on payers and providers to manage medical costs.

d-Wise Technologies, a leading life science and healthcare technology solution provider and Futrix Health, a leading healthcare business analytic software solution provider, announced today that they have signed a formal partnership to provide consulting, implementation and integration services for Futrix Health - a Risk-Management Solutions Platform - throughout the United States and Europe. Futrix Health is a revolutionary data analysis solution for payers, providers, and other healthcare organizations that require population-based metrics for analyzing complex and disparate healthcare data. Data analytics for population risk management and business intelligence (BI) remain a primary focus for the healthcare industry—both in terms of delivering effective outcomes and getting ever-escalating costs under control. The Futrix Health platform features flexible, “drill-anywhere” self-service business intelligence coupled with an analytic engine that empowers users to create virtually any kind of measure, grouping, or viewpoint and then freely analyze it across all relevant data sources.

d-Wise specializes in delivering technology solutions and services to support data management, data warehousing, programming, analytics, and reporting. Over the past decade d-Wise has earned a reputation for exacting quality through numerous technology implementations by leveraging an extensive knowledge of SAS, systems implementation, integration and validation.

The ACA allows and encourages states to create health insurance exchanges (HIE) designed to make health insurance more competitive and affordable. These health exchanges provide a treasure-trove of primary data. To leverage that data asset, states can create their own business intelligence (BI) platform, utilize third-party self-service analytics, or make a substantial investment in one of the major solution providers of business intelligence and predictive modeling. The d-Wise/Futrix Health Risk Management solution provides a unique and affordable alternative that can rapidly deliver new insights and business value.

“Futrix Health’s Risk Management solution platform’s business focus, ease-of-use and affordability made a formal partnership quite attractive for d-Wise,” said Jack Shoemaker, VP Healthcare Practice, d-Wise. The platform has many advanced features that make it ideal for the analysis of population-based metrics. “We’re excited to be partnering with Futrix Health to help deliver this solution to the healthcare market, where we can leverage our extensive knowledge of SAS as well as our experience with healthcare systems, processes and data to deliver a complete self-service business intelligence platform.”

“The combination of d-Wise’s healthcare and risk management domain expertise along with the Futrix Health’s game changing healthcare analytic functionality provides a powerful solution for the healthcare industry,” adds Jack Duncan, CEO of Futrix Americas.

About d-Wise
d-Wise Technologies, Inc. http://www.d-Wise.com is a technology leader with the expertise to empower world-class life science and healthcare organizations to resolve their business optimization challenges, helping them rapidly harness and leverage data, systems and processes to gain competitive advantage.

As one of North Carolina’s fastest growing companies, with offices in the US in the Research Triangle Park area of Raleigh, NC and in the UK in Marlborough, England, d-Wise offers product, service and consulting solutions that help clients clearly understand technology options, interconnect manual, disparate and point systems and implement best practices for robust, reliable, and compliant infrastructures that optimize data flow and business process.

d-Wise’s ten year history of tailoring solutions to meet individual client needs as well as delivering data integration, data warehousing and standards solutions within highly-regulated industries is rooted in extensive domain knowledge of SAS software, clinical drug development and clinical data standards like CDISC.

d-Wise solutions for clinical trial optimization, metadata management and clinical data standards provide a solid foundation for extracting accurate business analytics to enable critical business decisions to be made rapidly and based on all the data.

Within the healthcare arena, d-Wise provides data optimization for actuarial, quality, medical-management, and operational data marts and data warehouses as well as support for fraud detection using data-driven and repeatable processes.

About Futrix
Futrix Health is http://futrix.com/Futrix-Health a worldwide business intelligence software company, with headquarters in Wellington, New Zealand and US operations based in Portland, Oregon. Futrix was founded in 1997 by Ian Sutton, who has a passion for creating software which empowers users to extract meaningful information from disparate data.

Futrix has become a world class software provider, delivering business intelligence solutions to customers around the globe. Futrix Health evolved from the Futrix self-service business intelligence solution into a powerful healthcare analytic solution by leveraging the unique Futrix underlying architecture to empower healthcare professionals to bring together disparate data sources into a single analytic stream. Flexible, drill-anywhere self-service business intelligence is coupled with an analytic engine that allows all users to create virtually any kind of measure, grouping, or viewpoint and then freely analyze across all relevant data sources. The result is that payers, ACOs, and providers can get rapid insights and derive impactful results to the meet the dynamic needs of healthcare organizations.

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