Health Market Science Announces Immediate Availability of Staged Provider Data Assessment Solutions

King of Prussia, PA – June 22, 2011 – Health Market Science (HMS), a leading supplier of provider data and data management solutions, today announced the availability of tiered provider data assessment services to give healthcare organizations a trusted means to gauge the quality of their customer data —healthcare practitioners and organizations— against the industry-leading HMS Provider MasterFile™. In life sciences, data assessment solutions help executive management proactively manage their ability to report on Aggregate Spend as part of the Physician Payment Sunshine Act.

In pharmacy and government, including Health Information Exchange, data quality impacts claims adjudication, protects patient health information and prevents fraud, waste and abuse . “The industry is demanding more pristine data for regulatory reporting and we see that as benefiting operational performance and wider-ranging business decisions,” commented Jeff Klein, chief operating officer, Health Market Science, “Our Data Quality Assessment Services have proven to be an effective way for many of our current customers to determine their quality exposure and how to optimize insight into their customer universe including demographics, sanctions and acceptance in government funded programs.”

The two services, HMS Data Quality Health Check and HMS Data Quality Diagnostic, are scaled to meet budgetary and time-sensitive requirements. The Data Quality Health Check is a preliminary assessment of the quality and currency of a limited dataset. It quickly identifies potential imperfections that may put an organization at risk. Clients receive a standardized report on the health of their data sample. The report highlights standard-logic match rates, address and identifier analyses, specialty and practitioner type, and organization analysis.

Using a client customized dataset, Data Quality Diagnostic offers a more thorough and consultative analysis with multiple levels of best practice matching and sophisticated quality checks. Once processed, clients receive a thorough analysis, outlining address and identifier mismatches, specialty and practitioner types, organization analyses, and aged, missing or incomplete records. Clients receive a recommended approach for improving and sustaining data quality across their organization.

About Health Market Science
Founded in 1999, Health Market Science (HMS) is dedicated to providing the most accurate and useful data solutions to pharmacy, pharmaceutical, medical device manufacturers, health care providers, hospital systems, pharmacy benefit managers, and other segments of the healthcare and life science markets. The entire organization is focused on the quality of the solutions, which starts with a relentless pursuit of acquiring, analyzing and cleansing more than 2,000 disparate data sources. HMS uses innovative technology and domain expertise to help clients comply with evolving federal and state based laws, reduce operational costs and maximize market opportunities. For more information, visit www.healthmarketscience.com

Press contact:
Stacey Levas
Director of Corporate Marketing
Health Market Science
2700 Horizon Drive
King of Prussia, PA 19406
Phone +1.484.804.2702
Fax +1.484.804.2702
slevas@healthmarketscience.com

This release was published on openPR.