The Health Superintendency agency of the sovereign nation of Chile has licensed Waltham, Mass.-based healthcare data analytics vendor Verisk's DxCG RiskSmart Stand Alone software for a pilot program to implement risk adjustment in the management of the country's large private insurer funds, Isapres (Instituciones de Salud Previsional), a vendor source says.
Chile's Health Superintendency is responsible for fiscal control of the country's health systems. The agency seeks to improve its predictive capabilities and provide technical tools to facilitate a new risk-adjustment formula that considers morbidity as a factor, according to the Verisk source.
"We are extremely pleased to be selected by Chile's Health Superintendency to identify and manage risk for Isapres," says Mike Coyne, executive vice president of Verisk Health. "By providing effective tools to governments faced with the intricate challenges of health resource allocation, we continue to expand our proven reputation for achieving the most innovative science-based healthcare risk-management solution in the industry."
Anthony O'Donnell has covered technology in the insurance industry since 2000, when he joined the editorial staff of Insurance & Technology. As an editor and reporter for I&T and the InformationWeek Financial Services of TechWeb he has written on all areas of information ... View Full Bio