The company leverages a range of solutions to enhance the patient experience and operational efficiencies
Based on its recent analysis of the US healthcare data analytics market, Frost & Sullivan recognizes LexisNexis® Risk Solutions with the 2019 US Innovation Excellence Frost Radar Award. The company leverages an advanced analytics architecture that leverages unique data assets including social determinants of health, claims, and provider data to facilitate decision making that impacts operational efficiency, compliance, growth strategies and patient engagement. This innovation has enabled the company to establish a strong footprint across the healthcare ecosystem.
The LexisNexis Risk Solutions Health Care business has pioneered social determinants of health analytics with its Socioeconomic Health Score solution, which helps healthcare organizations understand health barriers and risk more holistically with the goal of improving care management and patient engagement outcomes. It also pioneered the Enterprise Master Patient Index approach with its LexID® solution, which matches patient records and provides a persistent key that follows a patient identity throughout its evolution and journey.
The Innovation Excellence best practice is bestowed upon companies that are industry leaders reinventing themselves through R&D investments and innovation. These may be companies that are entering a new market and contend for leadership through heavy investment in R&D and innovation.
Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry.
About LexisNexis Risk Solutions
LexisNexis Risk Solutions harnesses the power of data and advanced analytics to provide insights that help businesses and governmental entities reduce risk and improve decisions to benefit people around the globe. We provide data and technology solutions for a wide range of industries including insurance, financial services, healthcare and government. Headquartered in metro Atlanta, Georgia, we have offices throughout the world and are part of RELX (LSE: REL/NYSE: RELX), a global provider of information and analytics for professional and business customers across industries. For more information, please visit www.risk.lexisnexis.com and www.relx.com.
About Frost & Sullivan
For over five decades, Frost & Sullivan has become world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success.
Source: LexisNexis Press Release