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December 4, 2024

Is Your Healthcare Data Being Lazy? Let's Put it to Work

Mark Newman
Founder and CEO
Nomi Health

Our clients routinely tell me they love Artemis for its ability to transform raw healthcare data into actionable insights. These insights are crucial for making decisions that impact millions of members and billions of healthcare dollars, from renewing maternity programs to evaluating GLP-1 benefits and uncovering hidden health risks in populations. However, even our best clients struggle to convert data insights into real business outcomes. It’s like knowing how to lose weight versus actually shedding the pounds—it’s one thing to know what to do, and quite another to actually do it.

Great Data Insights Act Like Spark Plugs

HR teams are burdened with business responsibilities that many health insurance department teams struggle to handle—interpreting actuarial analyses, forecasting budget projections, risk modeling, studying drug pipelines, etc. And they need to do all this while holding down their other HR responsibilities, like recruiting, compensation, and employee retention.  

That’s why data insights are critical—they often supply the intellectual and emotional sparks that ignite teams into action. But data insights alone aren’t enough.  

Insights + Execution = Nomi Health

Here at Nomi Health, we’ve built solutions that fundamentally change how care is delivered, purchased, and paid for.  For plan sponsors looking to transform the economics of their benefits programs, that means cutting unit costs, eliminating unnecessary intermediaries, aligning economic incentives, and delivering better care. While Artemis pinpoints high-value opportunities through insights, Nomi’s solutions provide the tools to execute in the most impactful areas of healthcare spend:

  • Direct provider contracting lowers unit costs with fixed pricing and fast reimbursement, eliminating the "administrative hassle fee" providers charge to cover delayed or missed payments.
  • Transparent PBM program eliminates hidden fees, markups, spread pricing, and opaque rebate sharing that unnecessarily inflate pharmacy costs.
  • Direct care programs provides tailored solutions for high-risk, hard-to-reach member populations using a whole-person approach and an end-to-end infrastructure to monitor and close gaps.

Our Data Says Your Next Best Action is to Reach Out

If you’re looking for ways to put your data to work and tackle your healthcare cost challenges, please reach out to artemis@nomihealth.com for a free opportunity analysis. Let our team help you get the most out of your healthcare data and turn insights into outcomes.

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