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BAAAS
Benefit Analytics as a Service
 Subscription Based

 Base Price of Population + Transaction Volume

 Super Simple to Setup

 Super Simple to Use (just drop X12)

 Enables collaboration with customers
Just-Drop-It Processing
 Simple Integration (Everyone already does this)
  Drop 834 (member eligibility)
  Drop 837 (claim)
  Drop 835 (claim payment)
 Simple and easy to configure Benefit Structure
Simple Integration
 Three files have all the data we need
 All payers can generate these files ($0
 implementation and integration required at
 customer)
 Asynchronous processing of file types
 Super quick and can scale out or in if necessary
 Designed so no transactions fail
Benefit Analytics
 Allow basic ‘queries’ to start with
   What’s total cost of my population that received
   acupuncture v. those who did not for one year
   What’s total cost for 9 months before and after for those
   who had a natural birth v. those who had a cesarean
 Analyze data for other meaningful patterns
   Hospital XYZ is billing 150% of your other hospitals
 Trend Analysis for predicting future utilization
V1 Monetization Strategy
 Monthly Subscription Based

 Base of Total Population * Fixed Amount
  (these come in the 834 files)
 Plus Total Claims * Fixed Amount
  (these come in the 837 files)
Road Map


               V2: Better   V3: Services
 V1: Benefit                               V4: Optimize
                 Claim        Review
  Analytics                                  benefits
               Processing   Processing
V1: Benefit Analytics
 Accept Flat Files for Initial Setup
 Payer Drops 834s
 Payer Drops 837s
 Payer Drops 835s
 Allows Queries and Displays Graphs
 Learns meaningful queries across customers
V2: Claims Pricing
 Attempt to reverse engineer rules (aka edits)
   Member responsibility
   Provider contracts
   Pricing schedules
 Payer configures edits

 Payer Drops 834s

 Payer Drops 837s

 Payer Picks up 835s
V3: Services Review Pricing

 Based on Claim Pricing rules

 Payer Drops 278 Request

 Payer Picks up 278 Response

 Charged per 278 Request Transaction
Potential Other
Transactions + Revenue
 Member Correspondence
 Inpatient + Outpatient Pricing
 Claims Payment
 Premium Billing
 Capitation
 Fraud Detection
Other Perks
 Basic restful API against public data sets useful
 for health care enterprise
   CMS Pricing (Price for Service with geographic
   multipliers)
   NPPES Data (National Provider Database)
 Grow the API over time, managing this for
 enterprises is painful

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Healthbus deck

  • 1.
  • 2. BAAAS Benefit Analytics as a Service Subscription Based Base Price of Population + Transaction Volume Super Simple to Setup Super Simple to Use (just drop X12) Enables collaboration with customers
  • 3. Just-Drop-It Processing Simple Integration (Everyone already does this) Drop 834 (member eligibility) Drop 837 (claim) Drop 835 (claim payment) Simple and easy to configure Benefit Structure
  • 4. Simple Integration Three files have all the data we need All payers can generate these files ($0 implementation and integration required at customer) Asynchronous processing of file types Super quick and can scale out or in if necessary Designed so no transactions fail
  • 5. Benefit Analytics Allow basic ‘queries’ to start with What’s total cost of my population that received acupuncture v. those who did not for one year What’s total cost for 9 months before and after for those who had a natural birth v. those who had a cesarean Analyze data for other meaningful patterns Hospital XYZ is billing 150% of your other hospitals Trend Analysis for predicting future utilization
  • 6. V1 Monetization Strategy Monthly Subscription Based Base of Total Population * Fixed Amount (these come in the 834 files) Plus Total Claims * Fixed Amount (these come in the 837 files)
  • 7. Road Map V2: Better V3: Services V1: Benefit V4: Optimize Claim Review Analytics benefits Processing Processing
  • 8. V1: Benefit Analytics Accept Flat Files for Initial Setup Payer Drops 834s Payer Drops 837s Payer Drops 835s Allows Queries and Displays Graphs Learns meaningful queries across customers
  • 9. V2: Claims Pricing Attempt to reverse engineer rules (aka edits) Member responsibility Provider contracts Pricing schedules Payer configures edits Payer Drops 834s Payer Drops 837s Payer Picks up 835s
  • 10. V3: Services Review Pricing Based on Claim Pricing rules Payer Drops 278 Request Payer Picks up 278 Response Charged per 278 Request Transaction
  • 11. Potential Other Transactions + Revenue Member Correspondence Inpatient + Outpatient Pricing Claims Payment Premium Billing Capitation Fraud Detection
  • 12. Other Perks Basic restful API against public data sets useful for health care enterprise CMS Pricing (Price for Service with geographic multipliers) NPPES Data (National Provider Database) Grow the API over time, managing this for enterprises is painful