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IPG to Showcase Implantable Device Savings Analytics Platform at 2012 Blue National Summit

Mon, 09/10/2012 - 8:00am
The Associated Press

ATLANTA--(BUSINESS WIRE)--Sep 10, 2012--IPG, the leading nationwide provider of Implantable Device Benefit Management (DBM) solutions, is pleased to announce that they will officially showcase their Implantable Device Savings Analytics platform at the 2012 Blue National Summit to be held September 10-13, 2012 at the World Center Marriott in Orlando, Florida.

IPG representatives will be available at booth # 920 to demonstrate the company’s proven and specialized Device Benefit Management model and analytics platform (patent pending), designed to provide health plans with the data transparency and intelligence critical to reducing device spend. Built upon an extensive data warehouse and device registry with a level of granularity not previously available to health plans, IPG is able to deliver a custom and detailed overview of the areas of key savings specific to each health plan related to implantable device spend. To request your customized savings analysis, please visit www.ipg.com.

“With affordable and quality care as the top priority, and the critical need to reduce healthcare costs, there is an imperative need for greater transparency in the US health system,” said Jay Ethridge, President and CEO of IPG. “Health plans need solutions that facilitate the ability to understand what they are paying for, how to track it, and ultimately deploy programs to impact quality and spend. IPG has pioneered a unique model that provides the necessary expertise and ability to look at the overall cost and healthcare being delivered, allowing for a look into the full continuum of implant spend and not just the cost of the devices. The Blue Summit is an ideal forum to share our best practices to significantly reduce costs related to implant device procedures.” Having implemented the largest statewide Device Benefit Management initiative in the industry, IPG is the only company to demonstrate actuarially validated and proven cost savings of between 20 - 30% to our health plan partners. The IPG program has provided our partners with the ability to collaborate with their providers to an extent never seen before with this type of cost-cutting and quality initiative, evidenced by a provider satisfaction rating of 95-100% maintained over a three year period. Recently earning the exclusive ranking of the nation’s fastest growing private companies in America by Inc. Magazine for the third consecutive time, IPG continues to expand their national footprint, contracted as the designated implantable device management company for several major health plans nationwide, including Aetna, Cigna, Florida Blue and BCBSNC, handling their device coordination, billing, replacement, tracking and other services.

About IPG IPG is the leading provider of Device Benefit Management solutions, streamlining the management and delivery of implantable medical devices by working directly with health plans, clinical providers and facilities, and medical device manufacturers through its Implantable Device Benefit Management program. IPG handles device coordination, billing, replacement, tracking and other services for participating providers in their health plan partner’s ambulatory surgery center (ASC) and hospital network. The DBM program eliminates the complexity and the financial risks associated with the billing and reimbursement processes for providers, ensuring that patients maintain access to innovative life-saving and life-enhancing device-intensive medical therapies. For more information about IPG, call us at 1-866-753-0046, or visit us on the web at www.ipg.com.

About The Blue National Summit The 2012 Blue National Summit brings together nearly 2000 Blue professionals from every Blue Plan and from virtually every business discipline to create the premier Blue System conference, providing the opportunity executives to exchange best practices, to hear from renowned guest speakers and discuss key local and national industry issues.

CONTACT: IPG Kerry L. Perry, 770-753-0046 kperry@ipg.com KEYWORD: UNITED STATES NORTH AMERICA GEORGIA INDUSTRY KEYWORD: ENERGY ALTERNATIVE ENERGY SURGERY TECHNOLOGY DATA MANAGEMENT SOFTWARE PRACTICE MANAGEMENT HEALTH BIOTECHNOLOGY CARDIOLOGY CLINICAL TRIALS FITNESS & NUTRITION GENETICS HOSPITALS MEDICAL DEVICES ONCOLOGY RADIOLOGY PROFESSIONAL SERVICES FINANCE INSURANCE RESEARCH DIABETES MEDICAL SUPPLIES NURSING SCIENCE MANAGED CARE PHYSICAL THERAPY SOURCE: IPG Copyright Business Wire 2012 PUB: 09/10/2012 08:00 AM/DISC: 09/10/2012 08:00 AM http://www.businesswire.com/news/home/20120910005237/

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