Abacus Insights
Abacus Insights, a health data transformation company, offers a range of solutions including risk adjustment, cost of care management, and clinical data integration, and has joined the AWS ISV Accelerate Program.
Services
Abacus Insights provides multiple specialized solutions for the healthcare industry. Key offerings include the Abacus Insights Platform, Data Solutions, CMS Interoperability Solution, Risk Adjustment Solution, Clinical Data Solution, and Cost of Care Management Solution. These services are designed to help health plans improve efficiency, equity, health service delivery, and member outcomes.
Platform and Certifications
The Abacus Insights platform is both HITRUST r2-certified and SOC 2-certified, ensuring the highest standards in data security and compliance. The platform supports various use cases essential for health plans such as risk adjustment, cost of care management, clinical data integration, and CMS interoperability. It provides rapid implementation, scalability, and enterprise-level data operations.
Funding and Financials
Abacus Insights has raised $28 million in Series C financing, demonstrating strong investor confidence. This funding supports their continued innovation and expansion in providing cloud-based data transformation solutions for health plans.
AWS ISV Accelerate Program
Abacus Insights is a member of the AWS ISV Accelerate Program, which facilitates close collaboration with Amazon Web Services. Their Data Solutions are also available in the AWS Marketplace, offering health plans seamless integration with AWS cloud computing resources.
Healthcare Data Management
Abacus Insights manages data for over 21 million health plan members, assisting payers in achieving efficient and accurate data management. Their Clinical Data Solution integrates and validates data from various external sources such as HIEs, EMRs, and digital applications. The Risk Adjustment Solution ensures health plans receive correct and timely data, and the Cost of Care Management Solution enables real-time monitoring of total medical costs during the claims process. The CMS Interoperability Solution is compliant with the CMS Interoperability and Patient Access rule.