Verikai

Behavioral data can play a surprising role in healthcare risk predictions. Research shows that 70% of healthcare outcomes are influenced by behavioral and social factors, not just medical history [Source: New England Journal of Medicine]. Yet, many insurers rely heavily on claims data alone. Verikai’s approach brings the power of behavioral and social data into risk assessment. Our models analyze thousands of behavioral and social determinants of health (SDoH) variables to uncover risk patterns that traditional methods miss, enabling better decision-making in pricing and underwriting. Interested in how it works? Let us show you in a personalized demo ➡️ https://lnkd.in/gK6-QmAP

Chronic conditions are responsible for about 90% of the nation’s $4.1 trillion in annual healthcare costs [Source: CDC]. Traditional underwriting methods often fail to capture the full scope of risk associated with these long-term conditions, leading to gaps in pricing accuracy. At Verikai, we’re changing the game by incorporating AI and machine learning to predict future costs, even for individuals without a previous claims history. By analyzing extensive behavioral and demographic data, we help underwriters improve precision and reduce overall risk. #PredictiveAnalytics #Underwriting

Healthcare costs are on the rise, and understanding the financial risk has never been more critical. In 2023, national healthcare spending in the U.S. reached nearly $4.5 trillion, and projections suggest it could hit $6.8 trillion by 2030 [Source: CMS]. With such steep costs, predictive models like those at Verikai can help underwriters get an accurate risk assessment, enabling more effective and competitive premium pricing. Data-driven insights are key to managing costs while improving access to care. Our platform uses thousands of behavioral data points to create predictive models that provide a more holistic view of risk. Ready to explore how? Book a demo ➡️ https://lnkd.in/gK6-QmAP

Strategic decision-making requires a strong foundation. CaptureHealth provides a comprehensive data set that empowers you to make informed decisions in all areas, from risk management to new business development. 🔐 Unlock the power of data with Verikai and achieve lasting success in the healthcare market. See CaptureHealth in action ➡️ https://lnkd.in/ggMVb5cj #StrategicDecisions #HealthcareData #BusinessDevelopment #Verikai #CaptureHealth

📈 Beyond medical claims, CaptureHealth offers a glimpse into drug utilization patterns. This proactive analysis highlights potential risk factors associated with high-cost medications, allowing for strategic interventions and cost optimization within healthcare plans. Learn more at ➡️ https://lnkd.in/gCAkC2uQ #MedicationManagement #HealthcarePlans #CostOptimization #Verikai #CaptureHealth

Refine your underwriting process with CaptureHealth's detailed medical insights! Gain a competitive edge by offering accurate policy pricing based on real-world medical data. Move beyond traditional methods and embrace data-driven risk analysis for a more informed approach. Request a demo to see CaptureHealth in action ➡️ https://lnkd.in/gK6-QmAP #Underwriting #DataDriven #Insurance #Verikai #CaptureHealth

Identifying high-cost health conditions early is crucial for proactive risk management. That's why we designed CaptureHealth. CaptureHealth uses advanced analytics from medical and pharmaceutical data sets to pinpoint potential issues, allowing for mitigation strategies and cost control. Studies show that early intervention can reduce healthcare spending by 20-30% for chronic conditions.* Learn more about how CaptureHealth works at ➡️ https://lnkd.in/eW7fYHya #HighCostConditions #RiskManagement #HealthcareCosts #Verikai #CaptureHealth *Source: Journal of Managed Care Medicine, 2022

💭 Did you know that 50% of all healthcare spending goes towards managing chronic diseases?* Traditionally, risk assessment has relied on broad data sets. Verikai's CaptureHealth takes a different approach, focusing on medical and pharmaceutical claims to provide a crystal-clear understanding of healthcare risks. Learn more at ➡️ https://lnkd.in/gNtmMR3y #HealthcareRisk #MedicalClaims #Verikai #CaptureHealth #HealthInsurance *Source: CDC, 2023

Exciting News! 📢 We're excited to have Brooke join the Verikai team as our newest Business Development Representative! With a strong foundation in economics and psychology from the University of Michigan and prior experience in the pharmaceutical industry, Brooke is a valuable asset to our team. We're thrilled to have her on board and look forward to her contributions to Verikai. Welcome, Brooke! 🎉

🏆 We’re honored to share some exciting news! Verikai has been recognized by Acquisition International Magazine in their 2024 Global Excellence Awards as the: Most Trusted Insurance Predictive Data & Risk Platform 2024 - USA! The Global Excellence Awards celebrate companies, teams, and individuals making significant strides in their industries. We're proud to be acknowledged for our innovation, outstanding performance, and dedication to excellence in the insurance sector. The selection process for this award is based on merit, with Acquisition International's impartial team conducting thorough research to identify industry leaders. This recognition further fuels our commitment to transforming risk assessment through data-driven solutions. 🔗 View the award and full list of winners here: https://bit.ly/4gqRANA #Verikai #GlobalExcellenceAwards #InsuranceInnovation #RiskAssessment #DataDriven #Recognition