RAM Technologies, Inc., the perennial leader in the development of enterprise software for Medicare Advantage and Special Needs health plans, is pleased to announce the availability of a new report as part of the “Sharing Knowledge to Improve Healthcare Administration” (SKIHA) program. This month, members of the SKIHA program (free registration) are granted complimentary access to the RAM report, Benefits of Outsourcing MA Administration.
Medicare Advantage (MA) is the fastest growing segment of the healthcare market, continually increasing in numbers as more and more seniors age into Medicare eligibility, and a greater percentage of those seniors choose Medicare Advantage as their preferred benefit option. While the business opportunity is clear, MA is not without its challenges. Attempting to leverage the “wrong” platform, or cobbling together disparate systems and manual processes, could have catastrophic consequences and are not the long-term answer for organizations looking to capitalize on this market opportunity.
While there are distinct obstacles to entering the MA market, there are solutions, specifically related to the potential to outsource some or all of the administrative requirements. This article, Benefits of Outsourcing MA Administration, takes a look at BPaaS / BPO as they relate to MA / SNP administration, assessing if expansion into this market is the right move for your organization, and identifying the best options to meet the administrative and compliance requirements of the program if it is.
The unique challenges of MA / SNP administration as well as the complex regulatory and compliance environment present obstacles to entering the MA market, however, with the right guidance, from an organization that understands the industry and can also provide the end-to-end technologies to facilitate operations; you don’t have to go it alone. To learn more about the Benefits of Outsourcing MA Administration – CLICK HERE.
“RAM Technologies is solely focused on simplifying MA / SNP administration, both from a technology as well as a services perspective,” said Christopher P. Minton, Executive Vice President for RAM Technologies, Inc. “RAM provides the premier platform for MA / SNP operations (Medicare Advantage-in-a-Box, powered by HEALTHsuite Advantage™) and our accompanying professional services fill in the blanks for those organizations that lack the bandwidth or subject matter expertise to meet the demands of this complex program.”
RAM Technologies is a leading healthcare software and services provider with over 30 years of experience delivering proven administrative solutions (technology platform and professional services) to the healthcare payer market, with a specific focus on simplifying the administration of Medicare Advantage. The RAM offering, ’Medicare Advantage-in-a-Box’, represents the leading end-to-end solution for health plans administering MA or looking for a simplified way to get into the MA / SNP market.
About the Program
Established in 2015, the SKIHA program (Sharing Knowledge to Improve Healthcare Administration), provides an open platform to share industry analysis and research, helping the payer community prepare for the future. Each and every month the SKIHA program makes available special content, with unique insight and in-depth industry knowledge, to those in the position to enact real change. This open exchange of ideas supplies the information health plans need to improve operations, increase productivity and reduce costs.
About RAM Technologies, Inc.
RAM Technologies is a leading provider of enterprise software solutions for healthcare payers. For over 39 years RAM Technologies has led the way in the creation of comprehensive, end-to-end solutions (technology and services) for health plans administering Medicare Advantage (from Enrollment to Encounter Reporting). RAM Technologies provides the premier solutions for MA / SNP administration and has merited a top spot in the Philadelphia Business Journal’s “List of Top Software Developers” for ten consecutive years, has been featured in Inc. Magazine’s List of Fastest Growing Private Companies for five years and has been named Most Promising Insurance Technology Solution Provider by CIO Review. To learn more about RAM Technologies call (877) 654-8810 or visit www.ramtechinc.com.