The healthcare industry faces a constant battle to manage increasing treatment costs and demands for service. Health organizations have access to millions of pieces of data, including patient information, treatments, service providers, and claims. The solution for many of the health industry's challenges and increasing costs lie within the analysis of this data.
Futrix was developed to help organizations uncover significant anomalies, even when it isn't clear where to start looking.  By allowing early identification of treatment patterns, providers can take a proactive approach with patients, minimizing downstream treatment costs. This better understanding of treatment patterns and costs can identify areas of best practice from those that need further improvement. This will help minimize both intentional and unintentional fraud so that the appropriate treatment remains available to those who really need it. Futrix delivers unparalleled flexibility and insight while minimizing the need for expensive specialist resources to support and maintain the environment. Unlock the full potential of the information you have and stay ahead of the battle with Futrix.

“The use of Futrix Health is just exploding at the plan. Futrix Health for easy desktop analytics and proactive analysis has generated requests for more and more deployment to additional departments. The use of Cohort Analysis Groups with Benchmarking and the Dynamic Grouping capabilities with ease of deployment have made Futrix the self-service BI tool of choice" Blue Plan, Director of Informatics

 

A global challenge for the Insurance industry is that it is constantly changing, especially with all of the mergers and acquisitions that take place. It is extremely important for insurance companies to have information systems that are flexible to be able to keep up with these industry conditions. Futrix was designed to dynamically bring together data from multiple systems in multiple formats and present them to anyone with a web browser in seconds, instead of in weeks or months of development. Our insurance customers use Futrix to calculate cost ratios Per Member Per Month to identify which portfolios, agents, or customer segments are the most profitable, and those that are losing them money. Futrix helps companies understand the right market segments to attract and retain customers, identify trends in claims early and publish up-to-date performance information by channel. Overall, our insurance customers are able to maximize profitability in a constantly changing and dynamic environment with the help of Futrix.

Futrix provides education professionals with information that spans across nearly every area of an institution. Educators are able to review student demographic data; national test scores, attendance, school activities, and overall performance in order to help them better understand the overall characteristics of individual students, grade, class, and the entire student population. The flexible access to information and rapid deployment of Futrix allows the educational institution to continually expand its use of new information sources. For instance, administrators can choose to extend the analysis to evaluate the education staff with various levels of qualification, certification, and performance. Futrix is helping to change the overall culture in educational institutions by enabling self-service analysis and information-driven decisions.

 

“Futrix was able to rapidly solve many of the information delivery challenges that we were facing. They helped change the culture within the organization to provide for more analytic and information based decision making.” John Alawneh Executive Director of Technology Operations, Plano ISD