Trend Analytics and Tools
Cirdan’s client was interested in more insight into claim experience patterns and trends in medical claims.
- Cirdan built a custom tool for the client to allow the client to understand their trend information on a total dollar, utilization, cost per service and per member per month basis
- The trend tool:
- Shows trend results in graphical and numerical presentations
- Allows multiple years of data to be presented on an annual, quarterly, monthly, or rolling 12-month basis
- Permits the user to “slice” the results by population, and into subcategories of services
- Allows the impact of high dollar claims to be isolated
The client was able to use the trend information to manage their health care trends, including making contract changes to positively impact their financial results.