Press Releases

Carrot Health MarketView® Customers Dominate 2021 Medicare AEP Performance

Posted in Press Releases on Tuesday, May 25, 2021.

MINNEAPOLIS – May 25, 2021 – Carrot Health, a leading provider of healthcare solutions powered by consumer and claims data, announced today that health plans utilizing its Carrot MarketView® platform realized a 2021 Medicare annual election period (AEP) growth rate twice that of their competition. This includes average member retention rates of more than 95% across all health plan customers and new member conversion rates 5.2 times higher when Carrot Health predictive modeling was used.

New Carrot Health customers were particularly successful, with 73% outperforming 2020 AEP. Collectively, new customers grew memberships by nearly 4% during 2021 AEP, following declines in 2020.

Carrot Health CFO Named “Notable Leader in Finance” by Twin Cities Business

Posted in Press Releases on Monday, April 12, 2021.

MINNEAPOLIS – April 12, 2021 – Carrot Health, a leading provider of healthcare solutions powered by consumer and claims data, announced today that CFO Steve Sigmond was named one of Minneapolis-St. Paul’s Notable Leaders in Finance by Twin Cities Business magazine. Sigmond was recognized for the instrumental role he has played in building the company he co-founded in 2014 into the data analytics market leader it is today.

The Notable Leaders in Finance program recognizes finance industry professionals who have affected change, demonstrated a willingness to share expertise, and exhibited leadership in specific initiatives or programs at their organization that created significant, positive, and measurable results. Sigmond and his fellow honorees will be profiled in a special section in the April/May 2021 print issue of Twin Cities Business and online at tcbmag.com.

Carrot Health CEO Named 2021 Health Care Hero by Minneapolis/St. Paul Business Journal

Posted in Press Releases on Monday, April 05, 2021.

MINNEAPOLIS – April 5, 2021 – Carrot Health, a leading provider of healthcare solutions powered by consumer and claims data, announced today CEO Kurt Waltenbaugh was named one of 2021’s Health Care Heroes by the Minneapolis/St. Paul Business Journal. Waltenbaugh, who was recognized in the Health Entrepreneur category, was honored for his substantial achievements at the helm of Carrot Health and the impact he and the company have had on the Minneapolis/St. Paul Community.

Recognizing that 2020 was an unprecedented year, the Business Journal launched the Health Care Heroes awards to honor the healthcare workers who have gone above and beyond in their efforts to fight the global COVID-19 pandemic while continuing to provide care for non-COVID patients. The program recognizes Twin Cities’ individuals who have put innovation, care, dedication, and compassion to work to improve the human condition. Honorees were announced on April 5* by the Business Journal and will be recognized during a virtual event on June 10 and in a June 11 special print edition.

Carrot Health Surpasses 25 Million Individual Scored Lives and 400 Million Claims/Encounter Records, Solidifying its Position as Top Health Consumer & SDoH Analytics Provider

Posted in Press Releases on Tuesday, March 16, 2021.

Achieving key milestones further solidifies its position as the healthcare industry’s leading provider of data and analytics for social determinants of health

MINNEAPOLIS – March 16, 2021 – Carrot Health, a leading provider of healthcare solutions powered by consumer and claims data, announced today that the Carrot MarketView® platform has now delivered individual-level social determinants of health (SDoH) scores for more than 25 million managed lives.

Carrot Health’s robust integrated dataset — the first and largest in healthcare — now encompasses more than 400 million claims/encounter records. Carrot MarketView aggregates more than 80 data sources to provide the nation’s leading health plans, including four of the top 10 plans, with insights into how best to engage members and manage their health, as well as to identify and drive growth opportunities.

Hayes CTO Discusses AI-Enabled Revenue Integrity at Health Datapalooza 2021

Posted in Press Releases on Tuesday, February 23, 2021.

Ritesh Ramesh discussed the role of augmented intelligence in achieving revenue integrity to help healthcare organizations regain solid financial footing post-COVID-19.

Wellesley, MA — February 23, 2021 — Cloud, data, and augmented intelligence (AI) have critical roles to play in solving key business problems around operational and financial areas for healthcare organizations as we enter 2021 and beyond. That was the message shared by Hayes CTO Ritesh Ramesh during a rapid-fire panel focused on Patient Care in the Era of COVID – Data and Systems during the virtual 2021 Health Datapalooza and National Health Policy Conference, hosted by AcademyHealth.

Carrot Health, Colorado Hospital Association Analysis Identifies “Distinct Correlation” Between SDoH and Emergency Department Utilization, Hospital Readmissions

Posted in Press Releases on Monday, November 23, 2020.

Findings are part of a case study examining the relationship between SDoH and healthcare utilization in Colorado

MINNEAPOLIS – November 23, 2020 – A groundbreaking analysis by Carrot Health of claims data compiled by the Colorado Hospital Association (CHA) determined that a high Carrot Social Risk Grouper® (SRG) score correlates strongly with higher rates of emergency department (ED) super-utilization. The analysis, which combined data from CHA’s On Demand Hospital Information Network (ODHIN) with consumer behavior data from the Carrot MarketView® platform, also found that food insecurity and other underlying social factors were driving ED utilization and readmissions.

Dr. Stephen K. Klasko Named Mainstage Keynote Speaker at hc1’s Precision Health Virtual Summit

Posted in Press Releases on Thursday, October 29, 2020.

Two-day virtual event scheduled for Nov. 17 and 18

INDIANAPOLIS — (October 29, 2020) hc1, the leader in critical insight, analytics, and solutions for precision health that power high-value health care, announced today that Stephen K. Klasko, MD, MBA, will be the keynote speaker during its Precision Health Virtual Summit scheduled for Tuesday, Nov. 17 and Wednesday, Nov. 18. This special two-day summit hosted by hc1 in partnership with Becker’s Healthcare will bring together healthcare leaders and experts to focus on the changes our care delivery system needs as it transitions from fee-for-service to value-based care reimbursement models.

KLAS Spotlight Report Finds Carrot Health Customers Highly Satisfied Overall, Happy with Scalability, Tangible Outcomes

Posted in Press Releases on Monday, September 21, 2020.

MINNEAPOLIS – September 21, 2020 – In a newly published KLAS® Research Spotlight Report, 100% of Carrot Health customers interviewed said they were satisfied or highly satisfied with the Carrot MarketView® software and analytics platform, and would both recommend and purchase it again. The report, “Carrot Health: Using Analytics to Drive Outcomes in SDOH,” is based on detailed feedback from Carrot Health customers in the payer and health plan space on how well the company’s social determinants of health (SDoH) insights help them drive outcomes – delivering a more targeted level of care to their patient populations.

Hayes Recognized for IT Services, COVID-19 Response in 2020 CEO World Awards®

Posted in Press Releases on Monday, September 21, 2020.

Wellesley, MA — September 21, 2020 –– Hayes, makers of the industry’s leading integrated compliance and revenue integrity platform for the nation’s premier healthcare organizations, announced today that CTO Ritesh Ramesh won Silver in the 8th Annual CEO World Awards®, Executive Achievement of the Year for Information Technology Services category. Hayes also took Bronze for Team of the Year in the inaugural COVID-19 Business Response category in recognition of its work tailoring the company’s flagship MDaudit Enterprise platform to help hospitals optimize pandemic-related reimbursements and attain billing compliance.

Carrot Health CEO to Share SDoH Insights at AHIP National Conference on Medicare, Medicaid and Dual-Eligibles

Posted in Press Releases on Monday, September 14, 2020.

MINNEAPOLIS – September 14, 2020 – Carrot Health CEO Kurt Waltenbaugh will share insights into ways public health and public safety are influenced by barriers and inequities, and how social determinants of health (SDoH) continue to shape health outcomes, during the AHIP’s online National Conference on Medicare, Medicaid and Dual-Eligibles. “Addressing Upstream Community Health for SDoH Interventions” takes place at 3:30 p.m. ET on September 14.

Hayes Launches Revenue Optimizer to Help Hospitals and Healthcare Organizations Reverse Revenue Declines, Reduce Claim Denials

Posted in Press Releases on Thursday, August 27, 2020.

Wellesley, MA — August 27, 2020 –– Finding new revenue opportunities and avoiding claims denials has taken on greater urgency as hospitals and other healthcare organizations face growing reimbursement shortfalls in the wake of the COVID-19 pandemic. It is why Hayes, makers of the industry’s leading integrated compliance and revenue integrity platform for the nation’s premier healthcare organizations, has launched Revenue Optimizer to equip healthcare organizations with actionable insights that help eliminate barriers to revenue integrity and manage overall financial performance.

Just Associates Joins Patient ID Now to Support Advancement of a Nationwide Patient Identification Strategy

Posted in Press Releases on Friday, July 31, 2020.

Coalition of healthcare organizations seeks relief from statutory language blocking HHS from supporting a solution to address serious issues preventing accurate patient matching.

CENTENNIAL, Colo. – July 31, 2020 – Just Associates, Inc., a nationally recognized leader in patient matching and health information data integrity and management, is lending its voice to Patient ID Now in support of efforts toward a nationwide patient identification strategy. The newly formed coalition of healthcare organizations is dedicated to eliminating regulations that create barriers to public-private collaboration on solutions to the intractable problem of inaccurate patient identification.

CV19 Lab Testing Dashboard Powered by hc1 Expanded to Deliver Local Antibody Testing Insights and Risk Trending

Posted in Press Releases on Monday, July 20, 2020.

New Data Fills Needed information Gap to Inform Local Public Health Strategy

Indianapolis, Indiana - July 20, 2020 - The award-winning CV19 Lab Testing Dashboard™ powered by hc1® has added the industry’s only side-by-side view of COVID-19 viral and antibody testing, as well as local-risk and age-group trending at the national, state, county and sub-county levels. Already well-established as a critical, hyperlocal, free resource for SARS-CoV-2 viral testing trends, the complimentary dashboard provides local lab testing insights including the hc1 Local Risk Index™ (LRI), COVID-19 viral and antibody testing rates, as well as anonymized test results and key demographic filters.

Carrot Health and HealthMine Form Strategic Partnership to Improve Health Plan Performance and Member Satisfaction

Posted in Press Releases on Wednesday, June 10, 2020.

Collaboration enables a complimentary end-to-end quality solution combining industry-leading consumer and healthcare datasets with a best-in-class engagement and rewards solution

MINNEAPOLIS AND DALLAS, June 10, 2020 --  Carrot Health, a leading provider of healthcare solutions powered by consumer data, and HealthMine, the health action engagement company, announced a strategic product integration partnership for the health plan market. By combining Carrot Health’s MarketView™ platform and consumer data analytics with HealthMine’s engagement and rewards solution that empowers individuals to take the right actions to improve their health, this partnership creates a solution enabling health plans to improve performance and member satisfaction.

Carrot MarketView Health Plan Customers Outperform their Competition During 2020 AEP

Posted in Press Releases on Tuesday, May 12, 2020.

MINNEAPOLIS – May 12, 2020 – Carrot Health, the provider of MarketView™ – the first, largest, and most complete consumer and health analytics solution for health plan growth, health and quality – today announced 2020 Annual Enrollment Period (AEP) results for its Medicare Advantage customers. A significant majority (90%) of Carrot MarketView Medicare Advantage customers gained member enrollment, compared to just 65% of their competitors, and MarketView customers grew their member enrollment at more than double the rate of their competition.