PHILADELPHIA, March 4, 2020 /PRNewswire/ -- HealthVerity, the trusted technology partner to the life sciences and insurance industries, announced today the expansion of its healthcare data ecosystem to include the most comprehensive set of closed pharmacy and medical payer data available in the market. The addition of multiple payer-oriented data sources to HealthVerity Marketplace, the self-service cloud platform for the discovery and linkage of healthcare and consumer data, solidifies HealthVerity as the largest healthcare data ecosystem in the US.
Over 190 million covered lives are present in the closed payer claims data alone, with significant representation across Commercial, Medicare and Medicaid plans. Unlike competitive datasets, HealthVerity Marketplace offers the broadest access to important data fields of interest that significantly improve analytic insights and outcomes.
Leveraging the combination of closed pharmacy and medical claims data will provide life sciences and insurance companies with a comprehensive view of the patient journey during the enrollment period with their payer. With more than 150 unique payers across all 50 states, Puerto Rico and DC present in the data, the likelihood of following a patient journey across multiple payers or plans is notably increased.
"The scope of payer data available is made even more powerful when linked to over 60 unique healthcare and consumer data sources covering an existing 330+ million patients within the HealthVerity data ecosystem," said Andrew Kress, CEO of HealthVerity. "A complete patient journey will never be visible, but the breadth of data interoperability across EMR, medical claims, pharmacy, lab results, medical devices, imaging and consumer data within the HealthVerity ecosystem coupled with a privacy-protecting, high governance approach is providing our clients with a competitive advantage."
HealthVerity closed payer claims data will power research around clinical trial optimization, HEOR, physician profiling and segmentation, real-world patient journey mapping, cost of care and cost-effectiveness modeling and much more.
Powering the largest healthcare and consumer data ecosystem, combined with best-in-class management and privacy solutions, HealthVerity is helping answer healthcare's most critical questions. Our technology platform serves as the foundation for the rapid creation, exchange and management of healthcare and consumer data in a fully-interoperable, privacy-protecting manner. Advantaged by highly sophisticated identity resolution and matching capabilities, HealthVerity is on a mission to increase transparency, forge interoperability and activate deeper insights.
To learn more about HealthVerity's technology platform, visit www.healthverity.com.
Senior Director of Marketing, HealthVerity
SOURCE HealthVerity, Inc.