Categories Data Analytics

Accorded Launches Latest Offering, Accorded Acumen: The Actuarial Data Transformation Platform

Accorded Inc., a leader in healthcare actuarial intelligence, unveils its latest offering, Accorded Acumen. Acumen is an actuarial data transformation platform designed to help healthcare companies make better and faster value-based care (VBC) decisions.

Acumen enables organizations to perform scalable actuarial and medical economic analytics in-house, reducing the need for external vendors and consultants. It transforms claims, eligibility, and engagement data into standardized, actuarially rigorous, and ready-to-use VBC data assets. Additionally, Acumen integrates seamlessly into data warehouses, thus streamlining processes and removing the need for additional platform logins and learning curves.

Unlike traditional, one-size-fits-all VBC solutions, Acumen offers flexibility by tailoring to each risk-bearing organization. Frank Cheung, CEO and Co-Founder of Accorded, shares that his 18 years in healthcare have highlighted the burden faced by actuaries and medical economic teams due to overwhelming workloads. This challenge inspired the creation of Acumen, aiming to automate tedious tasks and improve access to actuarial insights, thus empowering healthcare stakeholders to excel in VBC.

Acumen is compatible with Snowflake, Big Query, Google Cloud Storage Bucket, and AWS S3 Storage Bucket, and other data integrations can be provided upon request. It is also fully HIPAA Compliant and SOC 2 Certified.

Taylor Larsen from Aligned Marketplace, a national value-based advanced primary care network, emphasizes that Acumen’s scalable and actuarially rigorous analytics support their contracts with employers and providers. Acumen allows Aligned to securely share claims data and receive risk stratification and shared savings results directly in their Snowflake instance, enhancing their infrastructure for better insights.

Aligned Marketplace aims to expand primary care access for 100 million American employees and their families, while improving healthcare quality and patient satisfaction, and reducing overall costs. Accorded’s mission aligns with this vision, combining actuarial science with modern data engineering to advance the healthcare industry’s shift toward value-based care.

For more information, visit Accorded’s website or reach out for a custom demo.

Source: Accorded Launches Latest Offering, Accorded Acumen: The Actuarial Data Transformation Platform.