Pareto Intelligence Named One of the Top 100 Finalists for the Chicago Innovation Awards
CHICAGO, Ill., October 2018—Out of 519 nominees, Pareto Intelligence has been selected as one of the Top 100 Finalists still in the running for the 17th annual Chicago Innovation Awards. These awards celebrate the most innovative new products and services in the Chicago region across all organization sizes, sectors and industries. 1,500 business and civic leaders will come together to honor the winners when they are announced on October 29th at Chicago's Harris Theater.
Revenue Accuracy through Technology and Analytics Solutions
Pareto submitted its Revenue Integrity solution suite for consideration, which consists of advanced analytic solutions that evaluate and improve upon the primary categories that impact healthcare premiums (i.e., enrollment, risk documentation, and encounter data) to identify areas of waste. By helping health plans reduce waste, clients can more accurately price premiums and pass savings onto consumers through lower costs and enhance care management programs. Pareto's innovative approach to solving these age-old problems for health plans has modernized the way plans evaluate revenue accuracy through technology and analytics solutions.
"Innovation comes in many different forms. Sometimes, it's looking at a problem through a different lens and crafting a new approach to the issue," said Jason Montrie, President of Pareto Intelligence. "Through our Revenue Integrity suite, we've built an innovative solution to resolving issues on the business side of healthcare, so that health plans can place an even stronger focus on taking better care of people."
"Chicago continues to rise as a global hub of innovation due to the breadth of organizations in our region that introduce a stream of new products and services into the market each year," said Tom Kuczmarski, co-founder with Chicago journalist Dan Miller of the awards. "This year's nominees generated a combined total of $3.44 billion in revenues through their new products and services alone."
Top 100 Finalists
Each of the Top 100 Finalists is also in the running for the annual "People's Choice Award," selected through online balloting at https://chicagoinnovation.com/peoples-choice-award-voting/
Out of the Top 100 Finalists, the judges will select 10 winners of the Chicago Innovation Awards, as well as 10 winners of the Up-and-Comer Awards representing innovation in the start-up community, the Social Innovator Award, the Collaboration Award, and 3 Neighborhood Award winners, which will showcase innovation occurring in Chicago's diverse neighborhoods. The winners will be invited to ring the NASDAQ Bell in New York City, invited to separate meetings with Mayor Rahm Emanuel, Governor Bruce Rauner and Cook Count President Toni Preckwinkle, and receive widespread media recognition.
About Pareto Intelligence
Pareto Intelligence is a leading healthcare technology company modernizing the way health plans and providers succeed in value-based care. We deliver analytics, technology and advisory solutions to help our clients achieve complete and accurate revenue, communicate critical patient information seamlessly, activate clinical and claims data, and make more informed strategic decisions. Our solutions are supported by proprietary algorithms, predictive models, and advanced data science that have analyzed over $150 billion in claims and medical costs and identified more than $250 million in financial improvement opportunity. Through this, Pareto demystifies complex healthcare data, and delivers actionable insights to improve outcomes.
To learn more about Pareto Intelligence, visit www.ParetoIntel.com.
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