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FICO is on the forefront of this wave of innovation, bringing to market ideas and solutions that help cut expenses, but based on proven, reliable methodologies and technologies. One of the most exciting of these is in the area of wellness management and chronic care. Millions are spent every year on the care and treatment of chronic illnesses, and implementing more effective systems to help manage this care is in the interest of payers, providers and members.
Using advanced predictive analytics, FICO enables health care companies to create a sequence of interactions tailored to generate the highest response and positive behavioral changes for those members. Utilizing predictive models to pinpoint the best configuration of offers, messages, incentives, channels and timing, health care companies can greatly improve positive responses, and bring the care of chronic conditions down.
With FICO health care wellness management solutions you can:
- Begin pro-actively managing their care and costs.
- Greatly improve success rates by designing highly targeted campaigns towards members most likely to change their behavior.
- Accurately identify the most effective tactics and messages in driving member response to a desired outcome such as enrollment and adherence.
- Pinpoint members with a high potential to fail to adhere to a prescription regime and generate effective intervention tools to mitigate potential costs incurred by non-compliance.
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