Why this analysis matters to you
Vendor solutions are always evolving. You just want to make sure you enter any vendor relationship with confidence that the solutions proposed have a clear plan to meet your business need.
Many of the solutions offered to Medicaid health plans are re-purposed from other sectors such as Medicare Advantage or commercial insurance. While this may serve as a good starting point for a Medicaid solution, it is important to assess whether the solution has been adjusted to fit the needs of Medicaid markets.
In today's Medicaid industry, many firms claim to be doing very similar things. You have likely noticed this with shared use of common buzz-words. In addition to review of reliance on high level buzzwords, our analysts review available information about vendor solutions to determine if it is clear what business problem they are trying to solve and if it is fit for Medicaid plans.