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Investor’s Business Daily: Turn Yourself Into A Sought-After Thought Leader

Want to be a thought leader in your field? Just having an insightful message isn’t enough. You also need to get that message out.

Tapping tools that spread your ideas is the way to position yourself as the go-to person on your topic of expertise. Social media can help raise your profile in ways that didn’t exist in the pre-internet world. But you still need to communicate a powerful message.

Remember, though, that most people don’t become thought leaders by accident. You need to follow a proven system to pull it off.

Seek Out Forums To Become A Thought Leader

Joining a tech council has given Bob Lindner an “amazing opportunity to stay on top of what other tech leaders are talking about,” he said.

Lindner is the co-founder of Veda, a provider of healthcare automation products and services. The tech council has also provided a forum for Lindner to “pressure-test new ideas about how to approach tech problems with a group of peer thought leaders.

Lindner highly recommends “finding skill or industry-specific membership organizations.”

Investor’s Business Daily full article

Multi-State Payer Achieves Zero Roster backlog with Veda

A large, multi-state BCBS plan leveraged automation to modernize and improve the labor-intensive, manual provider operations process to increase the accuracy and efficiency of roster intake. Not only did the plan eliminate their backlog, but they also implemented a process for sustained intake efficiency. 

The Health Care Blog: Meghan Gaffney at AHIP 2022

Our co-founder and CEO Meghan Gaffney caught up with The Health Care Blog at AHIP 2022. Check out her five-minute conversation with Matthew Holt to learn more about Veda the product, Quantym.

Veda Achieves HITRUST CSF® Certification to Further Mitigate Risk in Third-party Privacy, Security, and Compliance

HITRUST CSF certification validates that Veda is committed to meeting key regulations and protecting sensitive information.

Press Release—MADISON, Wisc., January 18, 2022 – Veda, an automation company that saves healthcare companies millions and makes it easier for patients to access care, today announced the Veda platform has earned Certified status for information security by HITRUST.

“The HITRUST CSF Assurance Program is the most rigorous available, consisting of a multitude of quality assurance checks, both automated and manual. The fact that Veda has achieved HITRUST CSF Certification attests to the high quality of their information risk management and compliance program.”

HITRUST CSF Certified status demonstrates that Veda’s Smart Automation platform has met key regulations and industry-defined requirements and is appropriately managing risk. This achievement places Veda in an elite group of organizations worldwide that have earned this certification. By including federal and state regulations, standards, and frameworks, and incorporating a risk-based approach, the HITRUST CSF helps organizations address these challenges through a comprehensive and flexible framework of prescriptive and scalable security controls.

“HITRUST CSF is the gold standard in healthcare data security and risk management. As security threats advance in sophistication, and regulations continue to evolve, it’s essential that healthcare organizations working with sensitive information can count on their partners to adhere to the highest levels of data protection,” said Mark Wochos, Chief Information Security Officer at Veda. “Achieving HITRUST CSF certification underscores our commitment to protecting our customers’ data and to serving as a trusted partner as they dramatically reduce costs and enable compliance through automation.”

“The HITRUST CSF Assurance Program is the most rigorous available, consisting of a multitude of quality assurance checks, both automated and manual,” said Bimal Sheth, Vice President of Assurance Services, HITRUST. “The fact that Veda has achieved HITRUST CSF Certification attests to the high quality of their information risk management and compliance program.”

“Achieving HITRUST CSF certification underscores our commitment to protecting our customers’ data and to serving as a trusted partner as they dramatically reduce costs and enable compliance through automation.”

To learn why 6 of the nation’s top 10 health plans trust Veda with their automation, schedule a demo.

About Veda

Veda saves healthcare companies millions annually by automating complex data processes. Our solutions enable organizations to dramatically reduce overhead costs by automating complex business rules for data extraction, transformation, and loading (ETL); creating a simplified and streamlined experience for everyone—from the data entry specialist to the end customer. The company is headquartered in Madison, WI. To learn more about Veda, visit vedadata.com and follow us on LinkedIn and Twitter.

Veda Selected as Provider Data Management Solution by Gartner

The key findings? Legacy solutions cannot deliver value and are being replaced with modern innovations like Veda. 

Gartner selects Veda as a Provider Data Management solution in the 2021 Market Guide for U.S Health Plans. Our AI Smart Automation platform, Velocity, can automate roster intake and updating, so you can maintain accuracy and compliance. In less than 24 hours—Guaranteed. 

ABOUT THE MARKET GUIDE

Gartner, the information technology research and consultancy company, provides expert guidance and tools that enable faster, smarter decisions and stronger performance on an organization’s most critical priorities.

“PAYER CIOS CAN USE THIS MARKET GUIDE TO SELECT THE RIGHT RELATIONSHIP MANAGEMENT TOOLS TO ENGAGE THEIR PROVIDERS.” – GARTNER

The 2021 Market Guide for U.S. Healthcare Payers’ Provider Network Management Applications includes key findings, recommendations, and a redefinition of the marketplace. The key findings? Legacy solutions cannot deliver value and are being replaced with modern innovations like veda.

Members of Gartner are able to access the full report here.

ABOUT VEDA’S SOLUTION – VELOCITY

Our patented, Smart Automation platform allows you to process—format, validate, and correct—provider data files and update the data in your system in less than 24 hours. Guaranteed. All while saving costs and improving accuracy. By automating roster intake, we reduce human processing and reduce human error.

Trusted by six of the top 10 U.S. health plans, veda Velocity uses AI and machine learning to help plans transform and enhance their provider data—achieving fast, accurate, and compliant results that otherwise would not be possible.

The platform takes unstructured roster files from provider organizations and standardizes them into the health plan’s preferred format. The smart automation solution improves productivity by 10-12x and reduces data processing time by 98%, allowing plans to publish directory updates in 24 hours or less. Files are verified, corrected, and updated—all within the plan’s existing database.

To learn more about how Veda can transform your provider network management, schedule a demo.

Introducing Velocity: A Solution to Help Health Plans Comply With the No Surprises Act

With the No Surprises Act, as part of the Consolidated Appropriations Act, going into effect on January 1, 2022, stakeholders across the healthcare system are working hard to get their organizations into compliance with the various provisions of the new law.   

NO SURPRISES ACT AND ITS IMPACT ON PROVIDER DIRECTORIES

Much of the attention on the No Surprises Act has been around the protection it offers consumers from unexpected medical bills arising from circumstances beyond their control. To help achieve the goal of eliminating surprise billing, the No Surprises Act contains a provision that requires health plans to make updates to their provider directories within 48 hours. Updated, accurate directories make it easier for members to determine if a doctor is in-network. With just a few weeks until the law goes into effect, health plans need to be laser-focused on their ability to meet this requirement. 

But a lot goes into keeping those directories updated. The traditional manual data entry method is fraught with issues: provider updates currently take weeks and often only yield 60-70% accuracy rates. And by the time the process is done, the data is outdated. No matter how many extra hands are available to put on keyboards and enter this data, due to the sheer volume it is virtually impossible to significantly reduce processing time with such a manual approach. And the probability of introducing errors into the data would only increase with additional human touchpoints.  

INTRODUCING VELOCITY: DIRECTORY UPDATES PROCESSED IN LESS THAN 24 HOURS

Our platform allows you to process—format, validate, and correct—provider data files and update the data in your system in less than 24 hours. Guaranteed. All while saving costs and improving accuracy. By automating roster intake, we reduce human processing and reduce human error.

Trusted by six of the top 10 U.S. health plans, veda Velocity uses AI and machine learning to help plans transform and enhance their provider data—achieving fast, accurate, and No Surprises Act-compliant results that otherwise would not be possible.  

The platform takes unstructured roster files from provider organizations and standardizes them into the health plan’s preferred format. The smart automation solution improves productivity by 10-12x and reduces data processing time by 98%, allowing plans to publish directory updates in 24 hours or less. Files are verified, corrected, and updated—all within the plan’s existing database.

VEDA VELOCITY PLATFORM FEATURES 

It’s truly as easy as drag and drop, run, and download. We offer the fastest workflow, the highest accuracy, and the greatest ROI for processing provider data.

  • Intake
    Automating the manual workflow. Roster files are read, identified, and formatted for use in a health plan’s downstream systems. With our machine learning tool, the more you use the application, the more concepts it will recognize.
  • Validate
    Stopping bad data from entering your system. Data is validated against external source(s)to verify if the existing information is current or requires updating. Our platform sources NPPES, CMS, DEA, and state licensing organization data to verify if your existing information is correct or needs updating.
  • Enhance
    Simplify audits with cleaner data. Through our external validation sources, we provide an audit on data intake. You’ll receive a file report for updating missing or incorrect information in your internal database(s).
  • Compare
    Integrating to quickly update your database. Automatically compare the incoming rosters to your downstream systems: identifying what provider data is new, what needs to be changed, and what needs to be removed. We can custom integrate or set up an SFTP based on your plan’s preference.

REAL-WORLD RESULTS

Our customers are seeing real-world results every day. While we guarantee 24-hour turnaround and delivery within the MSA, many see results even faster. One existing customer—a top 10 national payer—sees 99% of rosters processed and delivered in under four hours. 

Another national health plan had our data accuracy verified by a third-party audit and confirmed that our data is more than 99.5% accurate compared to external sources such as CMS, DEA, NPPES, and State licensing organizations. 

Our platform allows you to process provider data files in less than 24 hours. Guaranteed. All while saving costs and improving accuracy.

SCHEDULE A DEMO

Shifting directory updates from six weeks down to a few hours may sound impossible, but with veda it’s simple. To see Velocity in action, schedule a demo today

You know your business. We know data.

One Simplified Platform

Veda’s provider data solutions help healthcare organizations reduce manual work, meet compliance requirements, and improve member experience through accurate provider directories. Select your path to accurate data.

Velocity
ROSTER AUTOMATION

Standardize and verify unstructured data with unprecedented speed and accuracy.

Vectyr
PROFILE
SEARCH

The most up-to-date, comprehensive, and accurate data source of healthcare providers, groups, and facilities on the market.

Quantym
DIRECTORY ANALYSIS

Review and refresh your network directory to identify areas that affect your quality metrics.

Resources & Insights

Provider Data Solution Veda Automates Over 59 Million Hours of Administrative Healthcare Tasks Since 2019
October 21, 2024
HealthX Ventures Blog: How Veda Is Aiming to Fix Healthcare’s Broken Provider Directories
October 17, 2024
Contact Veda Today

Take your healthcare data to the next level

Let’s transform your healthcare data. Contact Veda to learn how our solutions can help your organization improve efficiency and data accuracy.