Insights on Payer & Insurance Tech

FEATURED INSIGHT

Process Automation in Payer

June 11, 2023 –Process automation at scale is now feasible for most payers. When coupled with other next-generation digital tools, we estimate that it may enable many payers to reduce operational costs by up to 30 percent within five years.

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FEATURED ARTICLES

Solving the Productivity Puzzle for US Healthcare Payers.

June 21, 2023 – With increasing margin pressure and the emergence of productivity-enhancing digital tools demand a reassessment of legacy processes and technology, payers that master the challenges will promote their competitiveness in today’s price-sensitive market and, ultimately, unlock long-term enterprise value.

Podcast

Prescribing Payments for Value-Based Healthcare

May 5, 2023 – Value-based health care (VBHC) is high on the agenda for many health care payers, providers, and policymakers globally. How can payment models be designed to effectively deliver VBHC?

Report

The Funding Streak in Insurtech Continues

March 20, 2023 – Although private market funding for insurtechs hit a new high in 2021, valuations of public firms have underperformed vis-à-vis the general stock market...

Article

Doing more with less in Healthcare.

May 5, 2023 – Some of EC’s best advice to help provider, payer, biopharma, and medtech executives address the challenges and changes affecting the health care sector.

Investigation Insights

Reaching Medicaid members where they are.

May 5, 2023 – How do digital health preferences of Medicaid members differ from those of commercially insured members? Our findings debunk outdated views that members do not have internet access, are not digitally savvy, and do not want to engage with their providers in digital ways.

PROCESS BASED SOLUTION

LISOM

LISOM provides information on cost, productivity and quality, supply chain performance, and quality performance across Medtech, pharmaceutical and biotech companies. Companies can use the information to understand productivity drivers and their impact and quickly focus efforts on the highest value areas

LITMUS TEST

Our proprietary tool of analytics and team of expert would carve the journey of MVP- MUP - MMP - MSP - MLP. It helps build Customer perception by understanding the customers emotion related to the brand and innovating the direct or indirect customers' interaction.

UNEARTH

Unearth supports strategic decision-making by offering the most reliable cost curves, tools, supply and demand models, and commodities outlooks to Life Science & MedTech operators and investors. Enable them to make sound strategic, operational, and financial decisions.

IGNITE

Boost your competitive advantage, generate new insights, and identify efficiencies with R&D project benchmarking. Disruptive technologies—like electromobility, cleantech, decarbonization efforts, and digitalization—require significant R&D investments.

EXECUTION BASED SOLUTION

DIGIFOUR

Industry Revolution 4.0 brings opportunity to evolve into a collaborative player in the entire ecosystem by preparing and launching digital transformation. Enabling data capturing as an important tool.

ASKLEGO

It is collaborative platform that enables mid to micro sized healthcare organizations to enhance their manufacturing capabilities for larger organizations or Innovative Co. as a part of Manufacturing as Services. It also enables them to grow into other areas by utilizing local distribution channels for market acquisition

ARAHANT (INSIGHT AS A SERVICE)

We’re an analytic vendor providing Insight as a Service. We cover the entire end-to-end exercise of performing analysis, all the way from data preparation and loading it into our environment, to data warehousing so it stays there persistently and you develop that single version of the truth, to a very rich analytic experience powered by AI engine and validated by subject experts with their unique interpretations.

GOREMOTE

Digital Outreach Penetration Tool for Products or service to reach to from first mile to the last mile customer.

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APPLICATION

Digital transformation

We helped develop a holistic digital strategy, including the analysis and optimization of processes, focused on customer needs, and use of data and analytics.

Quadra Audit (COFLE)

We help health-insurance company in performing a qudra audit in its transformation journey, weaving in analytics as necessary. Digitalzation across the siloes of financial, operation, clinical and regulatory intersection.

GoRemote

Penetration of Insurance availablity across all class of society. Helping Insurance companies to create cutting edge competitive product that customized based on diversity and adopt to the diverse risk. Thus bringing value to all the stakeholders.

Omnichannel transformation

We help organization embarking on a digital omnichannel transformation, expanding across all functions over time. We help them reinventing the way it serves customers and works with multiple providers to deliver superior quality while simultaneously improving efficiency.

Circular Economy

Reducing global waste requires more efficient use of energy and natural resources. Adopting a more circular business model can spur growth, reduce costs, and build resilience. We help you implement holistic solutions that unlock new opportunities, enhance customer value, and preserve our shared environment.

Consumer

As sustainability concerns rapidly alter the market for consumer products, Public or Private Health Insurance everywhere are rethinking their supply chains, brand portfolios, and operating models. Thanks to our unparalleled understanding of today’s consumer behaviors, we can help you execute a strategy that transforms your priorities from a challenge to an opportunity..

Equitable Outcomes

Companies that create a more diverse, equitable, and inclusive culture don’t merely benefit their employees; they also tend to outperform peers. We believe Diversity Equity & Inclusion is a journey, not a destination; we’ll help you embed more equitable practices across your organization, with powerful results for your bottom line and the health of the communities you serve.

OUR SUPER POWER SOLUTIONS

RIGA.

Revenue Integration & Gap Analysis allows company to strategise their revenue growth management. Using Analytical tools, cognitive designers, experts and data scientist we provide pricing strategy, market intelligence and extra revenue streams to capture value creation.

CONSTEPS

Empathy Mapping is the solution that helps you understand and transform your journeys, at scale. Our offerings use analytics and design thinking to deliver up to twice the impact than traditional survey-based continuous improvement programs across satisfaction, financial, commercial and strategic metrics.

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Predictive to Prescriptive

P&P help organisation to sustained performance by building framework that adds ability to manage, align and grow thus avoiding critical decision on guts & intuitions. Applies data and rigor to the most important organizational decisions.

Karma Analytics.

Understanding the industry is critial for asset management sernior executives to operate effectively. For over a three years, Karma Analytics has provided industry insights and intelligence grounded in EC's expertise improve strategic growth and resource allocation decision.

Constrast Scorecard.

CS is a digital platform for benchmarking financial performance data, developing strategies, and uncovering insights for data-driven decision-making. Companies use our financial benchmarking reports, industry trend analyses, and macro-economic research to get to better insights faster.

Filter Paper Analysis

Filterpaper solves the execution and imperative gaps by providing a database of input costs, analytical tools that identify cost-savings initiatives, and expert analysis of competitors. By examining every aspect of the production process, Filterpaper uncovers exactly which procurement or design changes will produce the greatest savings.

Talespin Analytics

Talespin Analytics, EC's predictive micro-segmentation and content analytics capability. It integrates a team of storytellers, data scientists, marketers, specialists in the content industry, and software engineers to support customers at every stage of their storytelling journeys.

MaxGain

MaxiGain AI leverages a full portfolio of digital solutions that combines science, data, and experts to help processing plants in heavy industries make data-driven decisions to improve profit per hour and Increasing productivity in heavy industry.

Cognypact

Cognypact execute large-scale transformation programs that deliver maximum impact, plus benchmark progress against peers. It focuses on impact, not just activities. It helps track tinnest transformation initiative and KPI, allowing teams to collaborate and act on real-time insights.

Valise Analytics

Sophisticated portfolio analytics for commercialization of innovation. It provides the granular benchmarking capabilities, market insights, and analytical expertise banks need to transform their product or market strategies and maximize revenues across the entire cutomer life cycle.

Epilogy

A doctrine that brings granular details of market intelligence, complementary and contrast mapping of business and customer' value as well as design alternative methodology to develop, structures and launch the product or service.

Avatar 3.0

Design thinking is both an ideology and a process imbibed in EC's team as they seeks to solve complex problems in a user-centric way. It focuses on achieving practical results and solutions that are technically feasible, economically viable and desirable for the user.

RELATED PRACTICE

Healthcare Systems & Services

We help healthcare leaders make better, more affordable and more accessible for millions of people around the world.

MedTech

We help medtech companies capture value through driving strategy, leading operations, reinventing the core with digital and analytics, outperforming the market and mastering organisational change.

Public & Social Sectors

Using our operations expertise to drive performance, decrease cost matrix, and enhance the outreach and value creation for people.

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