NEW YORK, August 16, 2022 – Inc. magazine revealed today that SmartLight Analytics is No. 148 on its annual Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in America. The list represents a one-of-a-kind look at the most successful companies within the economy’s most dynamic segment
The process of paying a medical claim involves multiple stages with built-in checks and balances. Yet because the process used by claims administrators is largely automated and complex, errors in claim payments persist, costing self-funded employers millions. Health insurance companies acting as claims administrators for self-funded employers each use their
Dr. Franklin Baumann, CMO of SmartLight Analytics, recently talked with Michael Chernew, PhD., Leonard D. Schaeffer Professor of Health Care Policy and the Director, Healthcare Markets and Regulation Lab, Harvard Medical School. The two discussed a variety of topics including waste and low value care in the healthcare system as
FORT WORTH, TX – In its work to reduce the cost of employee health care claims, the City of Fort Worth has excluded 24 suspect pharmacies from billing its plan, preventing $1.7 million in fraudulent payments to date, without member disruption. For several years, Fort Worth officials have worked with
How the City of Fort Worth Saved Millions In the United States, prescription drug spending in 2020 reached $358.7 billion; $3.5 billion is estimated to be fraud, waste, and abuse. The City of Fort Worth, Texas — the 12th largest city in the U.S. and the 5th largest in the
