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, Challenges and Opportunities when Entering the Medicare Advantage Market.
Medicare Advantage (MA) represents a tremendous growth opportunity for health insurers as more Americans are reaching the age of eligibility. Increasing enrollment in MA plans across the country is evidence that seniors favor the improved and pro-active care management, extended benefits and services and lower costs often provided by competitive MA plans. This is exciting news for the industry; however, while the opportunity is there, government regulation and growing competition present unique challenges for organizations looking to enter the MA market. This highly regulated space demands that health plans are fully prepared prior to entry, and with so many processes and tools needed to attain operational readiness and compliance with regulatory mandates, it can be a daunting task.
“RAM Technologies is solely focused on the MA and SNP marketplace”, said Christopher P. Minton, Executive Vice President of Sales and Marketing for RAM Technologies, Inc. “RAM provides expert guidance and an end-to-end software suite that deploys rapidly, ensuring our health plan clients achieve operational readiness in the shortest amount of time possible. Our processes ensure compliance with new and evolving industry regulations and mandates, allowing the plan to focus on the care of their beneficiaries.”
In 2019, more than 22 million Americans received their health care through Medicare Advantage plans and that number is expected to grow even more over the next decade. These are boom times for MA, but the unique challenges that these organizations face in implementing CMS and state requirements requires a firm understanding of the industry as well as end-to-end technologies that facilitate a smooth transition from CMS confirmation to open enrollment. To learn more about the Challenges and Opportunities when Entering the Medicare Advantage Market – CLICK HERE.
RAM Technologies is a leading healthcare software and services provider with over 30 years of experience delivering proven administrative solutions 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 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.