The new Supplier Directory uses an algorithmic approach to provide near real-time insight into supplier behavior and relationships.
BRENTWOOD, TN–(BUSINESS WIRE)–#healthinformatics–Trilliant Health, the healthcare industry’s leading predictive and market research company, today announced the release of its Provider Directory, a comprehensive analytics tool that provides timely information near-real about physician behavior to provider organizations, health plans and life sciences companies, and investors. The Provider Directory combines advanced machine learning techniques with Trilliant Health’s all-payer claims dataset to reveal how practice patterns and provider relationships are shaping the US healthcare economy from 4 trillion dollars.
According to the Centers for Medicare and Medicaid Services, the vast majority of provider directories are outdated and unreliable, with inaccuracies reported in half of all online directory data. Notably, Trilliant Health’s Provider Directory reveals that 60% of individual provider records in the National Plan & Provider Enumeration System (NPPES) indicate an inaccurate practice location. Disruptions to our healthcare system during the COVID-19 pandemic have demonstrated the importance of accurate and timely data for strategic and operational decisions, especially as providers adapt practice models to changes. in patient preferences, usage, regulation and reimbursement models. Supplier Directory data shows that 38% of suppliers changed location between 2019 and 2022.
At the same time, new entrants like Amazon, CVS, and Walmart are disrupting the healthcare landscape by competing with the traditional primary care offering. As the pace of these changes accelerates, health economics players need to make decisions with the most accurate and up-to-date information about where and how providers provide patient care, as well as the relationships that influence these decisions.
“A provider directory is much more than a name and address, especially in the rapidly changing post-pandemic healthcare economy,” said Hal Andrews, CEO of Trilliant Health. “One aspect of pre-pandemic health economics remains unchanged: Everything in health care begins with a provider decision, and most providers practice in more than one location. More importantly, providers often dispense different types and levels of care depending on the location of the healthcare facility Our provider directory allows anyone in the health economy to understand which provider provided which services, how often, to which patients , where patients received that care, and where the patient went next.We are excited to work with new and existing clients to create evidence-based strategies that align with the changing provider landscape.
Trilliant Health’s Provider Directory applies proprietary advanced algorithms to public and private datasets to provide a more accurate and faster view of over two million healthcare providers. Trilliant Health’s unique approach generates millions of proprietary data points, revealing provider affiliations, the multiple locations where providers provide care, and the volume of services performed at each location. With the most comprehensive and up-to-date data in the industry, Trilliant Health clients can develop and execute many vendor-based strategies.
The Supplier Directory is designed for maximum portability, allowing users to access intelligence without disrupting their established workflows, including integration with existing customer relationship management (CRM) platforms like Salesforce.
About Trilliant Health
Trilliant Health combines healthcare industry expertise, market research and predictive analytics to form Evidence-Based Strategy for Healthcare™. Trilliant Health’s proprietary analytics platform produces a comprehensive understanding of local market dynamics, providing exponentially better data insights to maximize returns for growth strategies. For more information, please visit trillianthealth.com.
To learn more about the Trilliant Health Provider Directory, visit www.trillianthealth.com/solutions/market-analytics/provider-directory
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