Consulting Services

 

At the core of Compass's practice lie our experience and skills in economic policy, finance, and general quantitative analysis, augmented by our ability to manage and provide access to data.  We bring this experience, along with our results-oriented approach, to each engagement, for clients ranging from government agencies to financially-driven insurers.

 

Analysis Supporting Health Care Public Policy

Compass Health Analytics provides financial and strategic analysis for government agencies and other clients concerned with improving access to health care.  The services we provide include:

  • Government-driven health insurance benefit plan pricing evaluation and design

  • Estimation of the impact of government programs or mandates on health care costs and savings

  • Analysis of trends in health care costs

  • Health care market competition/antitrust assessment

  • Strategies for legislative/regulatory proceedings

  • Preparation of supporting reports and testimony

  • Management and processing of detailed data in support of analyses

Strategic Guidance

Compass advises clients on the financial implications of major decisions and negotiations:

  • Managed care contracting and negotiation

  • Rate negotiation

  • Risk arrangements and reimbursement systems

  • Strategies for regulatory proceedings

  • General strategic financial planning

Financial and Actuarial Analysis

Our staff – with certified expertise in actuarial science, health economics, finance, accounting, and statistics – provide assistance in complex analyses:

  • Actuarial analysis and certification

  • Estimation and modeling of risk exposure

  • Rate development

  • Claims liability assessments

  • Medical and capital budgeting

  • Analysis and support for contract settlements

  • Forecasting and decision modeling

  • Development of customized PC-based financial models

  • Management and processing of detailed claim and other data in support of analyses

General Quantitative Analysis

With our comprehensive base of healthcare experience, quantitative skills, and technical tools, we conduct a wide range of analyses on healthcare data to support improvements in operating efficiencies and clinical outcomes.  Our work includes developing modeling and analytical tools for client use.

Data Management and Data Warehousing

Compass Health Analytics has developed data warehousing and access solutions for implementation at client sites and as a direct service for clients.  We combine our solid understanding of healthcare analysis, sophisticated programming, and access technology to provide clients with customized decision support environments with minimal technical support on their part.  We can:

  • Work with almost any kind of healthcare data or database technology

  • With our understanding of healthcare analytical frameworks, guide the design of a data warehouse or data marts

  • If the client desires, extract, transform, and stage data for access

  • Create access to the data through one or more commonly used tools


 

  

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