Payer organizations have a lot to consider when they merge, but one critical element that shouldn’t be overlooked is data management. Health plans need a strategy for how to combine data sets, standardize workflows, and ensure alignment on all aspects of data management as early as possible. In a new article for FierceHealthcare, Jordan Bazinsky, Cotiviti executive vice president and administrative officer, draws upon the experience of merging Verscend Technologies and Cotiviti Holdings to offer best practices for merging two organizations with large data sets.
“Immediately after the acquisition closed, a review between our organizations revealed 35 member-oriented data processes, which required us to determine how to best replace them with a common set.”
Read his article to learn:
- Which four key areas to focus on for successful data integration
- Why early team-building among data team members is critical
- How to communicate the value of a merger to employees