May 28th, 2014
KING OF PRUSSIA, PA, April 15, 2014 – Mark McAdoo, CEO of the King of Prussia-based Software as a Service (SaaS) provider of data analytics and decision support software that aims to bring more quality and cost transparency to the healthcare industry, will be one of four featured speakers at the symposium Creating Transparency on Value…and Getting Employees to Use it. The event will be held at the Philadelphia Doubletree Hotel from 8:30 to 10:30 a.m. on April 23, 2014.
Other speakers include senior representatives of Aetna, the healthcare transparency vendor, Castlight Health, and the Healthcare Bluebook.
The symposium is a member education event for organizations that make up the Greater Philadelphia Business Coalition on Health (GPBCH).
Presentations will be followed by panel discussions on topics such as the barriers to creating reliable data on price and quality transparency, how to dispel the myth that high cost is indicative of high quality in healthcare and consumer interest in healthcare cost and quality data.
McAdoo will speak to the need to aggregate and analyze clinical as well as cost data. “For transparency to be brought to the marketplace, payers and providers must have access to the same decision data and analytics – and the data must include quality and cost information that is aggregated and analyzed using algorithms that are up to this enormous task,” McAdoo said.
HealthQx specializes in data analytics and decision support software to bring transparency to the healthcare industry. The company measures healthcare values market-by-market, nationwide, scoring physicians and hospitals compared to their peers on quality and cost-efficiency. The goal: to help patients and their physicians find quality care at the most affordable price.
The company’s cornerstone products are CareQx and ClarityQx. CareQx provides analysis on quality and cost ratings of physicians and hospitals nationwide. This valuable utilization of big healthcare data can help payers and providers. ClarityQx is an analytics platform for payers and providers to implement and manage value-based payment and care delivery models.
To learn more about HealthQx, visit www.healthqx.com
About the Greater Philadelphia Business Coalition on Health (GBPCH)
GBPCH “represents the employer community in the Greater Philadelphia area in working with health plans and providers and other system stake holders to improve the value of health benefit spending for its members. The Coalition is committed to developing and implementing best practices for keeping employees and family members healthy and productive.” Members include: large pharmaceutical companies, the School District of Philadelphia, some of the areas largest healthcare providers, including Temple University Health System and Christiana Care Health System and large payers such as Independence Blue Cross and United Healthcare.
To learn more about GBPCH visit www.gbpch.org