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vive2024

Veda at ViVE 2024

Panels, partnerships, and busting ghost networks

ViVE 2024 brought together health tech innovators, vendors, investors, and media. What did Veda bring? Engaging discussions around Medicare Advantage, AI in healthcare, ghost networks, and rural health. Not to mention some heavy media coverage announcing our Humana partnership. Plus, a little fun with a certain famous car to showcase Veda’s ghost network-busting abilities. (We were in Hollywood after all.)

Rural Healthcare and Data

“The way for rural healthcare to succeed is to make it easy to find a doctor, to be a doctor and to pay a doctor,” said Dr. Bob Lindner, Chief Science & Technology officer at Veda during a panel on the challenging rural healthcare landscape. “All of these three things have challenges that can be traced back to the data.”

Bob presented data as a tool that rural health systems can utilize to access accurate information on traveling doctors, a unique offering in rural areas. As rural health faces more hits and challenges, data has the answers.

Accurate provider data leads to better care

The belief that accurate provider data leads to better care is exactly what led to the Humana and Veda partnership (and created plenty of buzz at ViVE). Fierce Healthcare proclaimed “Humana taps data automation startup Veda to polish up provider directories.” MedCity News listed the partnership in their “9 ViVE Announcements You Don’t Want to Miss.”

Veda will use its patented automation technology to analyze, verify, and standardize Humana’s data to ensure the information is accurate and comprehensive, along with real-time scoring of data quality.

Veda is ready for the mainstream adoption of AI and committed to advancing the technology to offer members true access to care.

Busting Ghost Networks

Whether you were building a mini-fig or entering to win an ECTO-1 replica, plenty of fun was found at the Veda booth. With a page taken from a beloved movie franchise, Veda showed off its ‘ghost-busting’ abilities and talked ghost networks.

Ghost networks are provider networks that appear robust and full of available providers but actually contain bad data and thus, much more limited availability and unreachable providers. These “ghosts” are no longer practicing, not accepting new patients, are not in-network, or have errors in their contact information.

Veda’s accurate data eliminates ghost networks, improves member satisfaction, and stays ahead of emerging regulations.

See you next year at ViVE!

ViVE 2024 – Veda Media Mentions

Humana and Veda Press Coverage ViVE 2024

The Humana and Veda partnership was announced at the ViVE 2024 health tech conference. Here is what the media had to say. . .


This move bodes well for Humana as it spends a good chunk of time in calls to confirm provider data. Inaccurate and inconsistent data from provider directories will cause friction in the process of finding a provider, thereby increasing administrative work for providers, health plans and seniors.
-Nasdaq


Maintaining up-to-date provider directories, including accurate phone numbers, addresses and panel status of in-network practitioners, is critical to helping seniors make informed choices about their healthcare.
-Fierce Healthcare


Keeping provider directories up to date is often a massive undertaking for health plans and providers. In the past, Humana has had to make “millions of calls annually” to make sure its provider directory is accurate.
-MedCity News


Lawmakers have pressed insurers to improve their provider directories. In October, Sens. Thom Tillis, Ron Wyden and Michael Bennet introduced the Requiring Enhanced & Accurate Lists of (REAL) Health Providers Act, which would strengthen requirements for Medicare Advantage plans to maintain accurate directories.

Becker’s Payer Issues also cited an April 2023 study in JAMA Health Forum (which found physician information is often inconsistent across payer directories) to emphasize the challenges associated with provider data.
-Becker’s Payer Issues


Veda will use its automation technology to analyze, verify, and standardize Humana’s data, ensuring accurate provider data.
-Vator.tv.


The Humana and Veda partnership has come full circle after Veda got its start in a Humana hackathon back in 2016.
-Digital Health Wire

WATCH: Meghan Gaffney Shares Insights on HealthTech Industry

Interview by Dennis Dailey of HIT!Show at ViVE 2024. Watch to hear Meghan Gaffney insights on Healthtech industry trends.

“We’ve finally made the jump from AI as an idea to AI really moving the needle for plans and providers,” remarks Meghan Gaffney, Co-Founder and CEO of Veda, during our video interview at the event.

“At Veda, we like to say, ‘We build technology that helps people, help people,‘” Meghan continues, reflecting on her background in public policy and the company’s mission to tackle healthcare infrastructure challenges.

Meghan shares insights into Veda’s partnership with Humana, highlighting their efforts to enhance provider directory accuracy for Medicare Advantage members.

“The complexity is that there are six million healthcare providers… We really focus on using technology to make the entire exchange of information easy for both the provider and the payer,” she explains.

Discussing industry trends, Meghan emphasizes the significance of regulations like the Real Provider Act and their impact on ensuring patients’ access to accurate healthcare information. “There’s going to be an increased focus on making sure that every patient has access to the right information to get care,” she adds.

“We’re excited about being a part of that conversation and bringing AI into the mainstream,” Meghan concludes, expressing Veda’s commitment to advancing the potential of AI technology in healthcare.

See you next year at ViVE!

What Will It Take to Transform the Rural Healthcare Landscape?

HealthTech Magazine

The way for success in the rural healthcare landscape is to make it easy to find a doctor, to be a doctor and to pay a doctor,” said Bob Lindner during a ViVE 2024 education session on the challenging rural healthcare landscape. “All of these three things have challenges that can be traced back to the data.”

Bob Lindner Chief Science and Technology Officer at Veda Data Solutions

Many rural healthcare organizations are struggling due to current reimbursement models and lack of resources. This can have an impact on patients in rural areas, who often face challenges with care access.

Health IT leaders from different parts of the industry addressed these pain points and what needs to happen to keep rural healthcare organizations afloat.

Data Can Drive Change for Rural Healthcare

Lindner shared a story of an organization that wanted to know why it was so hard for patients to find appointments for addiction medication. He said it was important to analyze the data because the reason could have been that there were enough providers, but they were hard to find on a website; that there weren’t enough providers and the industry needs to recruit more; or that there were enough providers accepting patients, but they were scheduling them out so far, they might as well have been unavailable.

“You don’t want to jump to a conclusion and try to solve something without understanding what your actual problem is,” said Lindner.

Amy Gleason, chief product officer at Main Street Health, said that many rural healthcare organizations are using older electronic health record systems, and some are still using paper charts. Not having a robust EHR setup makes it difficult for these health systems or clinics to determine which patients have missed screenings or other trends in their patient population. Gleason pointed out that while health plans try to provide their own data to rural organizations, they may all do that in a different way with a different portal. Clinicians don’t have the time to log in to different portals or find out how to get into a spreadsheet — and often, their EHR can’t handle that influx of data anyway. Read the full article from HealthTech.

Connect with Dr. Bob Lindner on LinkedIn. Read more from Bob with Automation, Machine Learning, and the Universe: Q&A with Veda’s Chief Science and Technology Officer and Co-founder, Dr. Bob Lindner. 

Addressing Challenges in Rural Healthcare Data

HEALTHCARE BUSINESS TODAY — Specialty and subspecialty healthcare services are less likely to be available in rural areas and are less likely to include highly sophisticated or high-intensity care. This exacerbates problems for rural patients seeking specialized care who must travel significant distances for treatment.

It comes as no surprise a 2019 policy brief from the University of Minnesota Rural Health Research Center found that 64% of surveyed rural health clinic staff members reported difficulties finding specialists for patient referral.

A functioning rural health system relies on legions of specialty care doctors doing outreach visits across a wide geography. In theory, that’s an effective way to ensure that rural patients have access to specialty care without traveling to a major metro area. But, bad data is keeping us from achieving complete access to specialty care in rural areas and experts across industries are weighing in on the issue.

Read Chief Science & Technology Officier Dr. Bob Lindner’s entire article addressing rural healthcare data challenges.


Progress in healthcare data quality

Health tech companies have attempted to solve provider data inaccuracy problems with a number of products, platforms, and integrations. No solutions have been able to offer members the ability to easily book an appointment armed with accurate information.

While many solutions focus on gathering all data sources available to identify providers, most don’t have the ability to effectively clean up those databases. That’s where we comes in. Veda is leading efforts to eradicate rural healthcare data challenges in the U.S. Discover how our technology connects patients to the critical care they need while ensuring that individuals are not burdened with unexpected healthcare costs.

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
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