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It’s been an interesting – and inspiring – six months. My short time as part of the Experian family (following the acquisition of MyHealthDirect last year) has exposed me to the extensive capabilities and innovative mindsets this company offers, and that has clearly been on display during the pandemic. It’s been amazing to see what Experian has accomplished in such a short time to turn around tools and resources that can help healthcare organizations better operate in the “new normal.” With our expertise in providing front and back-end technology and data sets that are vital for operating patient engagement, revenue cycle, care and identity management solutions, we felt we were well-suited to address some of the new systematic needs healthcare organizations would face in light of the pandemic. Experian’s mantra is to apply “data for good” and we pressed the gas pedal to leverage what products and data we had that could address COVID-related operational issues. Additionally, we looked to innovate in ways that addressed the needs of our clients. Our efforts produced new, free resources such as the following: Experian COVID-19 Outlook and Response Evaluator (CORE) – this “heat map” is intended to guide healthcare organizations and government agencies as they plan for coronavirus recovery. The map leverages de-identified data such as pre-existing conditions and social determinants of health to form a comprehensive picture that predicts possible pandemic impact on communities. Staffing, supplies, community outreach and facilities planning all benefit from any kind of “advance warning.” Payer Alerts Portal – a free comprehensive list of payer modifications including COVID-19 and telehealth payer policy alerts for United States hospitals, medical groups, pharmacies and specialty healthcare service organizations pulled from reviews of over 52,000 Web pages operated by more than 475 payers. These alerts deliver a comprehensive overview of the latest policy and procedure changes, as well as a link to the source of the payer policy, so providers can quickly make required adjustments, save time and streamline operations. In addition, Experian has helped clients quickly secure remote patient access to portals and scheduling as the pandemic necessitated a quick pivot to “contactless” healthcare. We also worked with our clients to enable their work-at-home transitions, maintaining access and functionality for collections and reimbursement – both for pandemic-related services and as they slowly brought elective procedures back online. And, our revenue cycle management products have served as a critical part of many clients’ focus on recovering revenue lost to the national shutdown. In times of crisis, heroes are more visible. These incredible challenges can bring out the best in people. Working with our healthcare clients every day has left us in awe of those who work tirelessly to take care of COVID-19 patients (and ALL that comes with that role) despite many obstacles. They inspire us and we are forever grateful. To access these resources, visit our COVID-19 Resource Center at https://www.experian.com/healthcare/client-services/covid-19/resource-center.  

Today’s customer needs are ever-evolving and businesses both large and small are reshaping the customer journey at an unprecedented pace. Businesses are looking for solutions that are secure, easily scalable to meet emerging needs and changes in demand, and seamlessly upgrade to avoid getting stuck on outdated software. To enable organisations to keep up with the pace of change, Experian has developed a new set of cloud-based solutions designed for companies that seek to automate decisions across an increasingly complex customer journey. The new release includes both pre-configured solutions for organizations that prefer standard ‘out-of-the-box’ applications and highly configurable solutions for clients with sophisticated, decision-driven business processes. We want to offer more businesses access to Experian’s award-winning decisioning platform. Pre-configured SaaS solutions bring Experian’s rich data, analytics, decisioning capabilities, and expertise in credit risk to new markets, while we are able to continue to serve our largest enterprise clients with a full range of decisioning capabilities. With both options, businesses can benefit from the entire PowerCurve platform or select custom capabilities that address specific needs. PowerCurve solutions available on the cloud include: PowerCurve Customer Acquisition – an ‘out-of-the-box’ solution designed to help businesses quickly acquire high-value customers. PowerCurve Eligibility Check – an ‘out-of-the-box’ solution designed to help lenders automatically assess which prospects are the right fit for their credit products. PowerCurve Strategy Management – a highly customizable cloud-based solution that helps businesses drive higher performance with more insightful and dynamic decisions. PowerCurve Originations – a highly customizable cloud-based solution that helps businesses acquire more profitable customers through adaptive and targeted approaches. PowerCurve, which is used by 2,000 companies across the globe, is a platform to help businesses make analytically driven decisions and adopt the most effective decision management strategies across the entire Customer Life Cycle. Highly configurable PowerCurve solutions are available on the cloud in all regions and cloud-based; pre-configured solutions vary by market.  

In the midst of COVID-19, we’ve seen the digital transformation accelerate at a rapid pace—and it’s likely to continue in the months and years ahead. According to McKinsey & Company’s COVID-19 Consumer Pulse survey, most business types have seen more than 10 percent growth in their online customer base during the pandemic and many consumers plan to continue shopping online when store locations reopen. While the shift to digital began well before COVID-19, what does the sudden spike mean for marketers?   In short, it means digital campaigns have become mission critical—and subsequently, data has become more important than ever. People are more than just their interactions with your brand. They consume information and engage other brands from multiple devices and channels, resulting in hundreds of digital touchpoints. You need to use data to connect these touchpoints to better understand your audiences’ needs, inform your messaging, optimize digital campaigns, and most importantly, build and establish a human connection.   Businesses have troves and troves of data, but oftentimes struggle to generate insights. You need to find the right partner to help manage the data and unlock its potential. To help, Forrester recently released its Now Tech: Consumer Data Marketing Services, Q3 2020 report that provides an overview of 22 consumer data marketing providers that can help you leverage your first-party data and create a more comprehensive view of customers and prospects—Experian is proud to be included in the list.   Finding the right partner is important; you have to remember data is a privilege and you need a partner that can help you provide value to your customers—otherwise, trust can quickly erode. And without trust, data and your marketing campaigns become obsolete. Identify what matters most to you.   Do you need to enrich your current database? Build look-a-like audiences?  Do you need to connect digital and offline identities?  Do you need to activate your data?  With a strong foundation in data and identity resolution, Experian is committed to helping you learn more about your customers and help them navigate their unique circumstances. Experian’s ConsumerViewSM database includes attributes on more than 300 million consumers and 126 million households, including demographic data, purchasing behavior, and lifestyle information. In addition, our MarketingConnectSM platform eliminates the need for disparate solutions and enables marketers to access and manage offline and online customer identity attributes, such as MAIDs and IPs.   Now, more than ever, consumers want to be heard. You need a data-driven strategy to meet that expectation. The right partner can help you expand what you already know about your customers and allow you to communicate with them effectively and address their most pressing needs.   Learn more about how Experian can help you maximize the potential of your data.  

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Patients use self-service tools to easily connect with providers online and manage administrative tasks 24/7. Common patient self-service tools include patient portals, online scheduling and mobile registration. Self-service solutions also include robust financial tools that help patients update insurance information, get accurate estimates, apply for charity care, set up payment plans, combine payments to multiple providers or set up a fundraising page.   Lorem Ipsum comes from sections 1.10.32 and 1.10.33 of “de Finibus Bonorum et Malorum” (The Extremes of Good and Evil) by Cicero, written in 45 BC. This book is a treatise on the theory of ethics, very popular during the Renaissance. The first line of Lorem Ipsum, “Lorem ipsum dolor sit amet..”, comes from a line in section 1.10.32. Heading 2 Related Posts