Friday July 10, 2015
Paramount Chooses Planwatch Reporting to Support Decision Making for Employers, Brokers and Consultants
July 10th, 2015 –Toledo , OH – Paramount a division of ProMedica, which is ranked the second most integrated health system in the U.S. and No. 1 in the Midwest, selects Planwatch’s robust data analytic reporting and plan modeling tool for clients, brokers/consultants and internal staff. Paramount identified the importance for an integrated and very powerful reporting tool that would allow internal and external users the ability to “drill down” and quickly investigate critical trends and costs. “Paramount was looking for a web based robust reporting tool that could be tailored for all of our business segments”, said Jennifer Hunt, Director of Actuarial Services, Paramount. “ProServe provides incredible value as they have a great product in Planwatch and tremendous people working for them. We look forward to working with ProServe as we provide support to our clients in identifying key performance drivers and metrics, map those against benchmarks and shape their employee benefit strategies to meet their evolving needs such as improving the individual experience of care, improving the health of their members, and reducing their overall plan costs.” “Paramount performed a thorough due diligence with several reporting vendors. Planwatch was selected based on product strength and necessity, reputation and references from existing Clients – which makes Planwatch standout in the marketplace”, said Georgeann Seuffert, Planwatch Vice President of Sales. “Planwatch reporting provides Paramount’s clients and brokers/consultants an easy to use, intuitive and instantly accessible reporting package that provides an invaluable tool for evaluating healthcare performance. Planwatch will provide the resources to identify cost drivers, illustrate plan changes and drive engagement strategy in order to help lower health care costs in a more efficient manner. Planwatch looks forward to playing an important role in the many successes that Paramount will bring in business growth and retention”.
Planwatch is a product of ProServe Health Informatics. It was developed in 2005 by company co- founders who recognized both the need and the solution for an economical, user-friendly, high level data analysis and reporting system for Third Party Administrators, Health Plans, HMOs, Insurance Companies, Self-Administered Employer Groups, Stop Loss Carriers, Cost Containment Companies and Claim Adjudication Systems. This web based product allows these Payors to gain a thorough understanding of the needs of an employer population and helps make sense of ACA mandates and changes. By streamlining the reporting process, Payors are able to share this valuable detailed claim information to assist their broker partners and Clients in proper claims management. Planwatch reporting packages include on demand reporting, comprehensive analysis, data exploration, historical plan modeling, benchmarking and disclosure reporting.
For more information about Planwatch,
visit their website: www.plan-watch.com
contact Georgeann Seuffert, Vice President of Sales
(888) 275-2242 ext. 303