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Latest Milliman Stories

2010-09-08 07:00:00

SEATTLE, Sept. 8 /PRNewswire/ -- Texas Health Arlington Memorial Hospital, a member of the Texas Health Resources system, is the hospital-category winner of the 2010 Milliman Care Guidelines Richard L. Doyle Award for Innovation and Leadership in Healthcare. The hospital used evidence-based guidelines software and daily multidisciplinary patient-care "huddles" to improve care coordination. Texas Health Arlington Memorial uses evidence-based guidelines for inpatient and surgical care,...

2010-09-02 10:11:00

SEATTLE, Sept. 2 /PRNewswire/ -- Milliman, Inc. today announced that UK-based Phoenix Group has selected the company as provider for their Actuarial Systems Transformation project. "Having acquired many companies with a variety of actuarial projection systems and models, we sought a provider who can work closely with us to simplify, rationalise, and streamline our processes," said Andy Moss, Phoenix Life Finance Director. "We must be able to gain Solvency II internal model approval,...

2010-08-09 06:00:00

SCHAUMBURG, Ill., Aug. 9 /PRNewswire/ -- Findings from a new study released today estimate that measurable medical errors cost the U.S. economy $19.5 billion in 2008. Commissioned by the Society of Actuaries (SOA) and completed by consultants with Milliman, Inc., the report used claims data to provide an actuarially sound measurement of costs for avoidable medical injuries. Of the approximately $80 billion in costs associated with medical injuries, around 25 percent were the result of...

2010-08-02 07:00:00

SEATTLE, Aug. 2 /PRNewswire/ -- Preliminary results from Milliman's 2010 Group Health Insurance Survey indicate premium rate increases continue to exceed the government's official rate of inflation and are higher than premium increases in recent years. The estimated January 2011 renewal increases are about 9.0% for health maintenance organizations (HMOs) and 11.0% for preferred provider organizations (PPOs). This marks the seventeenth time that Milliman has conducted the survey, the...

2010-07-15 07:00:00

SEATTLE, July 15 /PRNewswire/ -- DCS, a Recovery Audit Contractor (RAC) for the Centers for Medicare & Medicaid Services (CMS), has signed a five-year license agreement with Milliman Care Guidelines. DCS, A Performant Company, will use the Milliman Care Guidelines® content and software to review Medicare claims in 12 Northeastern and Mid-Atlantic states and districts -- Maine, Vermont, New Hampshire, Massachusetts, Connecticut, Rhode Island, New York, Pennsylvania,...

2010-07-14 06:07:00

SEATTLE, July 14 /PRNewswire/ -- Milliman, Inc., the international firm of consultants and actuaries, today announced a major new release of its MG-ALFA financial projection software. Significant enhancements to MG-ALFA 7.0 include: A new user interface incorporating Microsoft's newest tools for providing a rich and efficient user experience Expanded data model that delivers unlimited model flexibility New security model integrated with Windows® Active Directory Direct...

2010-06-10 11:42:00

SEATTLE, June 10 /PRNewswire/ -- Milliman, Inc., a premier global consulting and actuarial firm, today released the latest update to the Milliman 100 Pension Funding Index, which consists of 100 of the nation's largest defined benefit pension plans. In May, defined benefit pension plans experienced asset decreases of $41 billion and liability increases of $14 billion, resulting in a $55 billion deterioration in funding status. "We haven't seen a month like this in a while," said John...

2010-06-09 13:26:00

SEATTLE, June 9 /PRNewswire/ -- Disease management (DM) effectiveness can be significantly improved by targeting the patients who are likely to participate and are likely to produce meaningful savings. Predictive modeling can help predict both types of patients, according to a new white paper from Milliman expert Ksenia Draaghtel. The biggest obstacle in DM acceptance has been the difficulty in measuring or even identifying the cost savings associated with the implementation of such...

2010-06-09 07:00:00

SEATTLE, June 9 /PRNewswire/ -- ZeOmega's Jiva care management software has been fully integrated with Milliman Care Guidelines' CareWebQI® interactive software. To attain the Milliman Care Guidelines Integration Certification, ZeOmega -- a leading provider of web-enabled, rules-based workflow software for integrated care management -- had to demonstrate seamless Jiva workflow and enhanced usability with Milliman Care Guidelines® clinical guidelines...

2010-05-20 07:00:00

SEATTLE, May 20 /PRNewswire/ -- Healthcare payors can now use Milliman's CareWebQI® interactive software tools within The TriZetto Group's CareAdvance Enterprise® 4.6 application. A newly developed interface embeds guideline-based decision-making in the CareAdvance(TM) application workflow. The interface goes beyond a simple integration of the evidence-based Milliman Care Guidelines® clinical content to seamlessly incorporate...


Word of the Day
negawatt
  • A unit of saved energy.
Coined by Amory Lovins, chairman of the Rocky Mountain Institute as a contraction of negative watt on the model of similar compounds like megawatt.