ATLANTA and MINNEAPOLIS, May
19 , 2021 /PRNewswire/ -- The Health Care business of
LexisNexis® Risk Solutions has announced a
collaboration with Carrot Health, a leading provider of
solutions powered by consumer and healthcare data. The
collaboration enables Carrot Health to incorporate social
determinants of health (SDOH) data from LexisNexis Risk Solutions
into its SDOH data and analytics software platform to guide payer
and provider decisions around member engagement and health
management.
Through this collaboration, Carrot Health will integrate
clinically-validated SDOH attributes from LexisNexis Risk Solutions
into its existing Social Risk Grouper (SRG) taxonomy and other
predictive models that leverage vast consumer and healthcare data.
These insights will inform consumer-centric strategies to improve
health outcomes, reduce costs and prevent readmissions.
"Consumer attributes are among the most powerful factors
influencing health outcomes, creating barriers and inequities that
prevent populations from leading their healthiest lives. Carrot
Health's SRG harnesses this information to measure and monitor
social determinants of health at the individual level, providing
comprehensive insights our customers need to design strategies for
identifying and closing gaps in care while providing a more
personalized member experience," said Kurt
Waltenbaugh, CEO, Carrot Health. "We chose LexisNexis
Risk Solutions after extensive evaluation and testing because their
consumer data proved to be the most accurate and comprehensive in
the market. We are excited about this addition to
our platform as we continue to help payers improve member
health."
Carrot Health's platform harnesses clinical, social, economic,
behavioral, and environmental data to deliver insights for growth,
health, and quality, providing health plans with a 360-degree view
of their members. Carrot Health is delivering the healthcare
industry's first solution for consumer insights at scale, along
with individual-level SDOH scoring and monitoring for every adult
in the United States. This scoring
model helps predict the likelihood of an individual having an
adverse health outcome due to their SDOH profile. The data from
LexisNexis Risk solutions will augment Carrot Health predictive
models, that already includes consumer data, ICD-10 Z-codes,
publicly available health indicators, claims, survey responses, and
other proprietary data ⸺ providing unmatched accuracy to a
scoring model.
"We are proud to collaborate with Carrot Health as they help
their customers understand the relationship between SDOH data and
patient health, and improve outcomes across their entire spectrum
of care," said Josh Schoeller, CEO,
Health Care, LexisNexis Risk Solutions. "This demonstrates the
power of turning SDOH data into valuable insights that truly
improve care."
To learn more about Carrot Health, visit
www.carrothealth.com.
To learn more about LexisNexis Risk Solutions – Health Care,
visit risk.lexisnexis.com/healthcare.
About Carrot Health
Carrot Health believes
in enabling a future with no barriers to better health, for
everyone. We believe that shining the bright light of data onto our
disparities will help us, all working together, to improve health.
We provide consumer insights for each and every individual person
in the United States to engage
patients and members, close gaps in care, and optimize performance
for healthcare payers and provider systems.
The Carrot MarketView® software platform incorporates
social, behavioral, environmental, and economic barriers to health
data to deliver a 360-degree view of the consumer, providing
actionable insights to inform Growth, Health, and Quality.
About LexisNexis Risk Solutions
LexisNexis Risk
Solutions harnesses the power of data and advanced analytics to
provide insights that help businesses and governmental entities
reduce risk and improve decisions to benefit people around the
globe. We provide data and technology solutions for a wide range of
industries including insurance, financial services, healthcare and
government. Headquartered in metro Atlanta, Georgia, we have offices throughout
the world and are part of RELX (LSE: REL/NYSE: RELX), a global
provider of information and analytics for professional and business
customers across industries. For more information, please
visit www.risk.lexisnexis.com and www.relx.com.
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SOURCE LexisNexis Risk Solutions