Predictive Modeling Bulletin
  Complimentary from the publishers of Predictive Modeling News                 March 2, 2012  
     
  Complimentary webinar: "Top 6 Issues Driving Technology Adoption in Medicaid."
Medicaid has entered a new era of complexity with new sets of serious challenges. Health care reform and a difficult economy are driving millions of new consumers into the system with more than 56 million beneficiaries in the system today. Regulatory requirements demand more programs and better quality of care all while operating on a balanced budget. Join LexisNexis and MEDai, both subsidiaries of Reed Elsevier, for a one-hour webinar to discuss the issues facing Medicaid and the technologies available to help meet the challenges. Register today.
 
  Sponsor Message  
Quote
  "...The range of future uses for predictive modeling is broad, and will include not only pricing and product innovation but also new refinements in areas such as underwriting, risk selection, claim applications and target marketing." Brian Stoll, Director, Towers Watson
 
 
Factoid
  Almost all (97%) U.S. personal lines respondents indicate they view sophisticated underwriting and risk selection as essential or very important. As a result, most U.S. personal lines insurers are already committed to predictive modeling; approximately 85% of them say they use or are planning to use it. Standard commercial lines insurers have been slower in recognizing the importance and moving to adopt predictive modeling but are now starting to pick up the pace, and roughly 70% indicate they either currently use or plan to use it in underwriting and risk selection and/or rating and pricing within the next two years.

Excerpted from Insights: Predictive Modeling Proving Its Worth Among P&C Insurers, Towers Watson, February 2012
 
 
What's News
  Healthcare Intelligence Tools Predict Risk and Cost for Health Care Improvement
Business Wire, February 16, 2012
 
     
  How Predictive Analytics is Changing Healthcare
Services Angle, February 16, 2012
 
     
  Can Sanofi's Expanding Predictive Modeling Technology Enhance the Productivity of R&D?
Pharmexec, February 15, 2012
 
     
  Commercial Carriers Look to Jump on Predictive Modeling Bandwagon
LifeHealthPro, February 7, 2012
 
     
  Consumer-friendly predictive analytics are the key to making CDHPs work
SAS Institute Blog, February 3, 2012
 
     
  Predictive Modeling Proving Its Worth Among P&C Insurers
Towers Watson, February 2012
 
     
     
This Month in Predictive Modeling News
 
  • Journal Reviews: Reform, Automated Disease Tracking, Care Management Planning Subjects of Recent Research -  Researchers are digging deeper into what predictive modeling can accomplish
  • Carnegie Mellon Taps Advanced Computer Methods to Help Doctors Make Sense of Patients’ DNA
  • Using a Prospective Risk Adjuster to Select Members for Care Management, by Ksenia Draaghtel, Milliman
  • University Degree Program Acknowledges Increasing Use of GIS in Modeling
  • Thought Leader’s Corner: “What obstacles and challenges still remain with incorporating prescription data into your predictive analytics initiatives?”
  • Industry News with briefs regarding Express Scripts, Medco, Elsevier/MEDai, Health Care Dataworks, Trust for America's Health, Tethys Bioscience, ACAP Health Consulting and the Johns Hopkins ACG International Risk Adjustment Conference
  • Catching Up With...James Taylor
 
LinkedIn Group
  There's no cost to participate in the Predictive Modeling News LinkedIn Group where you can Network, exchange information, and follow current developments with other professionals interested in predictive modeling. You can sign up now at: http://www.linkedin.com/groups?gid=1669467   
     
About the Bullletin
  Predictive Modeling Bulletin is a complimentary publication issued periodically from the Health Policy Publishing, LLC, the publisher of Predictive Modeling News (www.predictivemodelingnews.com) Your friends and colleagues can subscribe to Predictive Modeling Bulletin at no charge by visiting: http://www.predictivemodelingnews.com/resources.html