Blues’ Analytics Arm Buys Intelimedix
Blue Health Intelligence, the database/analytics services division of the Blue Cross and Blue Shield Association, has acquired analytics vendor Intelimedix for an undisclosed sum.
BHI’s database holds medical and pharmacy claims data from more than 110 million individuals to identify ways to raise quality standards and manage costs. The database has enough information to reflect medical utilization in every ZIP code in the nation, according to the company.
Tampa, Fla.-based Intelimedix specializes in serving employers and health insurers, supporting analysis of such issues as unnecessary care, fraudulent and abusive billing, overpayments from billing and coding errors, pharmacy fraud, and preventable conditions. Combining the technologies will enable expansion of analysis on a range of issues to help clients manage financial and medical risk, according to the vendors.