News from Bowers & Associates

New Products for 2007

Health Plan Evaluator©. Do you offer your health plan members consumer directed health plan(s) and other benefit plans? This innovative plan option selection tool gives each employee a web portal to evaluate multiple options using their own medical and drug cost, utilization, out-of-pocket, premium, wellness credit and other incentive information. The data can be integrated from multiple carriers and is presented in a consumer friendly form to each employee.

Health Risk Predictor©. This tool generates a care management list by a patient’s predicted health risk, care management impact priority and provides key claims statistics. It’s a simple and vital tool for continuously evaluating and managing care, wellness, & disease management programs.

Upgrades to Health Plan Tools & Profiler

Key Indicator Report©. This score card is one of the most complete and powerful in the industry. Automatically or in seconds, an executive or manager can review their total health care spend, trend and member contribution over time and compared to nationally recognized benchmarks. Data are adjusted to a customer’s benefit plan design, demographics, location and industry. The on-line analyses have recently been updated with the latest Milliman Cost Guidelines, customers can now select a per employee or member analyses, and, data can be compared geographically down to the metropolitan statistical area.

Connect©. A simple application that allows a customer to pool and analyze (through Health Plan Tools or Profiler) any group of plans or employers – associations, coalitions and/or control groups. So a coalition of employers using multiple carriers and pharmacy benefit managers can immediately pool and communicate their data to develop transparent price lists, evaluate their care and network purchasing activities.

Development
Partners Needed

We are seeking development partners to help us test and refine the following products. If you are interested, please contact Scott Weltz at scott.weltz@bowersa.com.

Health Plan Reports©. Wouldn’t it be great if Health Plan Tools came with a report that could be handed to the executives at your company or client? Now, you can! We are working on developing a set of standard reports along with executive summaries that describe what a given report is telling you along with what types of strategic actions make sense.

Value ScoreCard™. We’ve recently embedded evidence-based medicine grouping software into our database engine so that we can rapidly evaluate cost, quality and gaps in care. We believe that these data, coupled with a proactive nurse advocacy program is the next generation of Consumer Health and Transparency. We are interested in working with partners who will help us critically review how these data are used in provider relations and consumer engagement programs.

Health Plan Analyzer©. Are you the type of user that just can’t get enough drilldowns from Health Plan Tools or Profiler? Then have we got the tool for you. Health Plan Analyzer gives sophisticated analysts the ability to drilldown into medical, pharmacy, and eligibility information using data cubes. This allows you to slice/dice the data virtually any way you would like down to the claim line and member detail level. All information from CPT, HCPCS, revenue codes to assignment of DRG, Pharmacy, Episode of Care, Prospective Health Risk and Evidence Based Medicine data can be included in Analyzer.