SEATTLE, June 24, 2014 /PRNewswire/ -- Milliman, Inc., one of the premier global consulting and actuarial firms, announced today its MedInsight® product team has chosen Microsoft's Analytic Platform System (APS) for its next generation MedInsight release later in 2014. This important technical decision comes after a formal proof of concept that resulted in significant gains in system performance, data loading and refresh cycle times, and data storage.
MedInsight is Milliman's popular healthcare analytic platform used by hundreds of health plans, employers, at-risk providers/ACOs, state governments, community health coalitions, and third party administrators. Consistently recognized for its superior data integration and warehousing capabilities, the MedInsight business has tripled in size since 2009 and is committed to advancing performance and functionality.
In recent years, the MedInsight team has taken on more complex clients including state all-payer claims database initiatives and large healthcare entities with massive volumes of data. The level of sophistication for analytic requirements has also grown; the types of querying routinely performed by clients have become elaborate and sometimes complicated. This market development—huge amounts of data combined with complex query needs—is one key reason why Milliman's MedInsight team decided that it needed to augment and strengthen the core infrastructure.
Healthcare entities generate significant amounts of data every day. Clients depend on their analytic system to turn raw data into business intelligence, all while accommodating their growing needs.
"We're very pleased that Milliman selected Microsoft's Analytics Platform System appliance to power their MedInsight application. These types of data intensive and complex big data challenges are what we designed the Analytics Platform System to support and are looking forward to our joint customers reaping benefits from the solution," said Eron Kelly, General Manager SQL Server Marketing, Microsoft.
Milliman's MedInsight team has always been a leader in turnaround time for the typical monthly refresh cycle of data. "APS is a proven, integrated technology that optimizes the relationship between SQL Server software, inexpensive storage, compute resources, and data channels in a Massively Parallel Processing environment," said Roger Connolly, Milliman Principal and Director of Product Development at MedInsight. "We expect client data refresh time to be reduced by as much as 75%, data retrieval time by as much as 90%, while simultaneously improving our long term storage cost trajectory."
For more information about Milliman's MedInsight products, go to http://www.medinsight.milliman.com.
Milliman is among the world's largest providers of actuarial and related products and services. The firm has consulting practices in healthcare, property & casualty insurance, life insurance and financial services, and employee benefits. Founded in 1947, Milliman is an independent firm with offices in major cities around the globe. For further information, visit milliman.com
SOURCE Milliman, Inc.