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qrhc
Quest Resource Holding
QRHC
+0.04 (+1.63%)
2.185
USD
At close at Jun 20, 20:40 UTC
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Quest Resource Holding Launches QES Affiliation Insights to Enhance Provider Network Strategies

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Cashu
3 days ago
Cashu TLDR
  • Quest Analytics launches QES Affiliation Insights to enhance understanding of provider affiliations for smarter network design.
  • The tool aids health plans in navigating complex provider networks, improving contracting strategies and operational efficiency.
  • Quest Analytics, serving over 400 clients, strengthens its position as a leader in provider network design with this innovation.
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QRHC
Quest Resource Holding
1.63%

Transforming Provider Network Strategies: Quest Analytics Unveils QES Affiliation Insights

Quest Analytics® announces an innovative addition to its Quest Enterprise Services® (QES®) Performance Suite with the launch of QES Affiliation Insights, set to be showcased at AHIP 2025 in Las Vegas on June 18. This new feature is designed to enhance health organizations' understanding of provider affiliations and contracting entities, enabling smarter network design and more effective contracting decisions. By offering a comprehensive view of the relationships between individual providers and their associated facilities—including hospitals and Ambulatory Surgery Centers (ASCs)—QES Affiliation Insights empowers health plans to optimize their strategies significantly.

The tool addresses the pressing need for health plans to navigate the increasingly complex landscape of provider networks, especially in light of the ongoing trend of health system consolidation. Steve Levin, CEO of Quest Analytics, highlights the importance of this high-fidelity database in aligning care management with contracting and performance strategies. Enhanced visibility into provider practice patterns allows organizations to identify essential facilities and develop targeted contracting strategies that can ultimately improve their Medical Loss Ratio (MLR) while reducing operational inefficiencies. This capability is particularly relevant as health organizations seek to streamline operations and enhance care quality amidst evolving market dynamics.

With over 400 clients, including the nation's largest health plans and major health systems, Quest Analytics is positioned as a leader in the provider network design and management sector. The introduction of QES Affiliation Insights signifies a critical advancement in performance intelligence, poised to transform how health organizations approach provider network strategies. As the healthcare landscape continues to evolve, tools like QES Affiliation Insights will play a crucial role in helping organizations adapt and thrive in a competitive environment.

In other relevant developments, Quest Analytics emphasizes its commitment to supporting clients with the latest technologies and insights to enhance their operational efficiency. By leveraging extensive data and analytics, they aim to foster better healthcare outcomes across the industry. The QES Affiliation Insights feature not only strengthens Quest Analytics’ portfolio but also underscores the company's dedication to driving innovation in provider network management.

The content provided here is for informational purposes only and should not be considered financial or investment advice. Investing in stocks carries risks, including potential loss of principal. Always do your own research and consult with a licensed financial advisor before making any investment decisions. We are not responsible for any losses or damages resulting from your use of this information.

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