8/31/2023 0 Comments Flume insurance![]() Incorporating the solutions and services into their administrative systems and maintaining the corresponding data transfers after integration is a significant problem for both incumbents and challenger health plans. Solutions provided by these vendors include chronic illness management to pharmaceutical benefit administration. Generally speaking, health plans are growing tired of dealing with their vendors. ![]() ![]() “We actually say that health insurance is more powerful than your doctor.” And it can only go so far if coverage and health insurance isn’t sort of modernizing alongside it,” stated Flume CEO Cedric Kovacs-Johnson. “We think that there’s a lot of really interesting, exciting work happening on the clinical, provider side. The new solution was developed with the intention of standardizing these procedures, which the business believes may cut integration duration and expenditure by as much as 80%. ![]() Provider networks, chronic illness platforms, and pharmaceutical benefit managers are all possible partners for integrations. When implementing a new integration, some of Flume’s customers might spend as much as seven figures every year. In order to streamline the process of integrating new vendors into their systems, the health care technology firm Flume Health has introduced a new solution called ‘Flume Relay’. ![]()
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