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Last updated on April 21, 2014 at 7:52 EDT

Latest Wendell Milliman Stories

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...

2010-05-11 11:23:00

SEATTLE, May 11 /PRNewswire/ -- Milliman, Inc., one of the premier global consulting and actuarial firms, announced today that average total medical spending for its "typical American family of four" reached $18,074, an increase of $1,303 over last year. The total-dollar increase is the highest in the history of this study. The Milliman Medical Index (MMI) tracks the changes in average yearly healthcare costs when the family of four is covered by an employer-sponsored preferred provider...

2010-05-11 10:30:00

CHICAGO, May 11 /PRNewswire/ -- Morrisey Associates has integrated Milliman Care Guidelines' CareWebQI® Version 2.0 software with its Morrisey Concurrent Care Manager(TM) (MCCM(TM)) software. CareWebQI is interactive point-and-click software that provides access to the Milliman Care Guidelines®. It allows healthcare organizations to capture and report on real-time clinical data, measure healthcare performance against national quality standards, track...

2010-04-22 07:00:00

SEATTLE, April 22 /PRNewswire/ -- Healthcare Quality Strategies, Inc. (HQSI), one of the nation's leading Quality Improvement Organizations (QIOs), has signed a five-year licensing agreement with Milliman Care Guidelines LLC, A Milliman Company, to use the Care Guidelines for Medicare utilization and quality reviews in New Jersey. HQSI is using all Care Guidelines products -- Ambulatory Care, Inpatient and Surgical Care, General Recovery Guidelines, Recovery Facility Care, Home Care,...

2010-04-19 10:31:00

SEATTLE, April 19 /PRNewswire/ -- Milliman, Inc., a premier global consulting and actuarial firm, today announced that First Choice Health Network (First Choice) will adopt Milliman MedInsight® as its healthcare data warehousing platform. First Choice is a Seattle-based physician and hospital owned company that has served Washington and the Northwest since 1985. First Choice's preferred provider organization (PPO) is recognized as the leading independent PPO network in...

2010-04-15 07:00:00

SEATTLE, April 15 /PRNewswire/ -- Milliman, Inc., a premier global consulting and actuarial firm, today announced it will host a free webinar on the latest aspects of the move toward mental health parity. On Thursday, April 29 at 2PM EDT, behavioral healthcare expert Steve Melek will host a 90-minute webinar to discuss compliance with the Wellstone-Domenici Mental Health Parity and Addiction Equity Act of 2008 (MHPAEA). Compliance with the Act is required for plan renewals on or after July...

2010-02-23 09:39:00

CHICO, Calif., Feb. 23 /PRNewswire/ -- Landacorp, a SHPS company, today announced it is integrating Milliman Care Guidelines' CareWebQI® software with its CareRadius suite of care management software. CareWebQI is interactive point-and-click software that provides access to the evidence-based Milliman Care Guidelines®. It allows health plans to capture and report on real-time clinical data, measure healthcare performance against national quality...

2010-02-02 07:00:00

SEATTLE, Feb. 2 /PRNewswire/ -- Milliman, Inc., one of the premier global consulting and actuarial firms, today announced that its data-mining analytic platform, MedInsight®, is now available for use by a wider variety of healthcare organizations seeking improved efficiency. MedInsight has created a new sales and marketing team to engage these organizations, which include accountable care organizations, community data-pooling operations, and provider groups looking to...

2009-11-10 14:35:00

SEATTLE, Nov. 10 /PRNewswire/ -- Milliman, Inc., one of the premier global consulting and actuarial firms, 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 October, pensions experienced asset decreases of $7 billion and liability decreases of roughly $3 billion, resulting in a $4 billion decrease in funded status. The funded ratio decreased from 75.3% to 75%. "We've seen six months...